Wednesday, April 22, 2026
IOG Resources III backs $125-million drilling program in Powder River basin- oil and gas 360

IOG Resources III backs $125-million drilling program in Powder River basin

(World Oil) –  IOG Resources III has closed a $125-million joint development partnership to fund an 18-well horizontal drilling program targeting the Niobrara formation in Wyoming’s Powder River basin. The program is located in Converse County and represents the platform’s first investment under IOGR III. The undisclosed operating partner will execute the drilling campaign, which adds to ongoing development activity in one of the Rockies’

IOG Resources II acquires non-operated gas assets in Pennsylvania’s Appalachian basin- oil and gas 360- oil and gas 360

IOG Resources II acquires non-operated gas assets in Pennsylvania’s Appalachian basin

(World Oil) –  IOG Resources II, LLC (IOGR II) has announced the acquisition of producing non-operated natural gas assets in the Appalachian Basin from an undisclosed seller. The assets, operated by Seneca Resources, an affiliate of National Fuel Gas Co., are located primarily across Clearfield, Elk and McKean counties, Pennsylvania, and currently produce approximately 19 MMcf/d. The transaction marks the seventh