Gastar presents at EnerCom’s The Oil & Gas Conference® During Gastar’s breakout session, management was asked the following questions: Is there an extended cleanup period with an Oswego well as opposed to a Meramec well? What is the average IP rate for your wells? How many of the nine wells planned for drilling in the coming quarter will be in
On August 3, 2016, Newfield Exploration (ticker: NFX) announced the signing of two separate purchase and sale agreements to divest all of its assets in the Maverick Basin of Texas for $390 million. The transaction is expected to close in the third quarter of 2016 and covers 35,000 acres of unconventional and conventional assets in Dimmit and Atascosa counties. EnCap-backed
Oil prices expected to stay at or below $50 for the next six months Lower for longer is starting to truly set in with the oil and gas industry as buyside investors and the industry see a more muted outlook for oil and gas prices on the horizon. A survey that polled primarily buyside investors and members of the oil
RRC Takes Next Step in Divestiture Plan Less than one month after selling its Nora assets in Virginia for $876 million, Range Resources (ticker: RRC) has another attractive piece of acreage on the block. The Fort Worth-based E&P is marketing its leasehold in the STACK (Sooner Trend Anadarko Basin Canadian and Kingfisher Counties) trend of Oklahoma, according to a recent
