Saturday, June 21, 2025
Offshore

Repsol, Statoil Announce Asset Swap Involving Eagle Ford and Norway Positions

No oil and gas companies were in attendance for Major League Baseball’s winter meetings (baseball’s equivalent of Christmas with its free agent signings, discussions, swaps and trades), but two industry giants independently agreed to a swap of their own on December 11, 2015. Norway’s Statoil (ticker: STO) and Spain’s Repsol (ticker: REPYY) will trade acreage positions in a non-cash, straightforward

Roughnecks at drill site.

Repsol Shifts Strategy to “Value and Resilience” from Growth, in its Newest Five Year Plan

Plans US$7.1 Billion in Divestitures Spending Cuts of 38% Madrid-based Repsol (ticker: REPYY) touted value creation, efficiency and a significant divestiture program in its 2016-2020 Strategic Plan, unveiled on October 15, 2015. The latest program starkly contrasts its 2012-2016 Strategic Plan, which focused on “high growth of Upstream” and a dedicated investment of more than €19 billion. Repsol kicked off

Drill Rig in Alaska - Oil & Gas 360

Armstrong Oil & Gas Defies Industry Bears, Boosts Stake in Alaska with $800 Million Transaction

Repsol Sells Portion of Interest, Dials Back Development Plans Armstrong Oil & Gas, a private exploration and production company headquartered in Denver, Colorado, is backing up its optimism for hydrocarbon production in Alaska. On October 13, 2015, the company increased its stake in the Colville River Delta region on Alaska’s North Slope for total consideration of more than $800 million.

The Oil & Gas Conference

EnerCom’s 20th Anniversary The Oil & Gas Conference® Begins Aug. 16

North America’s Largest Energy-Focused Investor Conference Comes to Denver Aug. 16-20 Conference presenters are operating in more than 40 countries on six continents  Enterprise values of presenting companies range from $160 billion to $9 million CNBC and Fox Business to broadcast live coverage from the conference The world’s oil and gas industry will showcase itself to investors in Denver in