Oil Shale News

Shell Sells Non-Core Canadian Shale Assets to Crescent Point Energy
Canada >> 2/17/2021 - Royal Dutch Shell plc, through its affiliate Shell Canada Energy, has reached an agreement with publicly listed Canadian energy company Crescent Point Energy Corp. to sell its Duvernay shale light oil...
Northern Oil and Gas Announces Transformational Acquisition
United States >> 2/3/2021 - HIGHLIGHTS
- Northern Oil and Gas, Inc. has agreed to acquire certain non-operated natural gas assets (the “Assets”) in the Appalachian Basin from Reliance Marcellus, LLC (“Reliance” or the “Sel...
Lonestar Announces Third Quarter 2020 Results
United States >> 11/19/2020 - Lonestar Resources US Inc.reported financial and operating results for the three months ended September 30, 2020.

HIGHLIGHTS
- Lonestar reported an 8% increase in net oil and gas prod...
Marathon Oil Reports Third Quarter 2020 Results
United States >> 11/4/2020 - Marathon Oil Corporation reported a third quarter 2020 net loss of $317 million, or $0.40 per diluted share, which includes the impact of certain items not typically represented in analysts' earnings ...
Callon Petroleum Announces 3rd Quarter 2020 Results
United States >> 11/2/2020 - Callon Petroleum Company reported results of operations for the three and nine months ended September 30, 2020.

Recent Highlights
- Delivered production of approximately 102.0 Mboe/d ...
Ovintiv Ends JV with PetroChina & Becomes 100% Owner
Canada >> 9/1/2020 - Ovintiv Inc. announced that its subsidiary, Ovintiv Canada ULC, has closed an agreement with PetroChina Canada Ltd. (PCC) to terminate the parties' joint venture and transfer the ownership and operati...
Alta Resources to Optimize Well Production with Ambyint
United States >> 8/31/2020 - Ambyint, the leader in well lifecycle production optimization, announced Alta Resources has selected Ambyint InfinityPL™ and SmartStream™ to provide advanced well optimization capabilities. Alta is a ...
Lonestar Announces Second Quarter 2020 Results
United States >> 8/16/2020 - Lonestar Resources US Inc. reported financial and operating results for the three months ended June 30, 2020.

HIGHLIGHTS
- Lonestar responded to a collapse in crude oil prices during...
Comstock Reports 2nd Quarter 2020 Financial & Operating Results
United States >> 8/5/2020 - Comstock Resources, Inc. reported financial and operating results for the quarter ended June 30, 2020.

Financial Results for the Three Months Ended June 30, 2020
For the second quart...
Rebellion Energy II Pushes Unconventional Powder River Basin Development
United States >> 7/27/2020 - Rebellion Energy II, LLC (Rebellion), supported by certain investment funds managed by NGP Energy Capital, announced today results of two recently completed wells in the prolific resource plays of the...
Lonestar Announces First Quarter 2020 Results
United States >> 7/5/2020 - Lonestar Resources US Inc. reported financial and operating results for the three months ended March 31, 2020. ...
DynaEnergetics Introduces Perforating System for Unconventional Wells
Germany >> 6/8/2020 - DynaEnergetics, a business of DMC Global Inc. introduced DS Echo, a perforating system designed for re-frac operations in unconventional oil and gas wells. The system’s slim design enables deployment...
Castleton Commodities Acquired Shell’s East Texas & North Louisiana Assets
United States >> 12/30/2019 - Castleton Commodities International LLC (CCI) announced that its subsidiary, Castleton Resources LLC (Castleton Resources), has closed on the acquisition of the East Texas and North Louisiana Haynesvi...
Wintershall Dea at the Starting Gate for Development in Vaca Muerta
Argentina >> 9/24/2019 - The pilot wells in the operated shale oil blocks Aguada Federal and Bandurria Norte in the promising Vaca Muerta formation demonstrate very promising oil productivity. “We have completed the drilling ...
Springs Road-1 Reaches Total Depth
United Kingdom >> 3/28/2019 - Egdon Resources plc is pleased to report the main points from the announcement made this morning by IGas Energy plc (“IGas”) as they concern the Springs Road-1­ (“SR-01”) well on license PEDL140, in w...
Comstock Resources Announces Haynesville Shale Acquisition
United States >> 12/19/2018 - Comstock Resources, Inc. (Comstock) (CRK) announced that it has entered into an agreement with Shelby Shale, LLC (Shelby) to acquire an 88% interest in 6,124 gross acres (6,023 net) limited to Shelby...
YPF & Petronas Begin $2.3B Development Plan in Neuquen
YPF & Petronas Begin $2.3B Development Plan in Neuquen Argentina >> 12/4/2018 - YPF and Petronas ratified the start of the massive development phase of the shale oil project that they are carrying out in the La Amarga Chica block, Neuquen province. ...
SM Energy Announces Agreements to Sell Non-Core Assets for $292M
United States >> 4/4/2018 - SM Energy Company (SM) announced that it has entered into two definitive agreements, one for the sale of the Company's remaining assets in the Williston Basin located in Divide County, North Dakota, a...
Mexico Regulator Hopes for First Shale Auction by End 2018
Mexico >> 1/31/2018 - Mexico hopes to hold its first shale oil and gas auction by the end of 2018, the head of the country’s oil regulator told Reuters, potentially opening up one of the world’s top reserves of unconventio...
Penn Virginia Announces Accretive Acquisition in Core Area
United States >> 1/2/2018 - Penn Virginia Corporation (PVAC) announced that it has entered into a definitive agreement to acquire assets in the Eagle Ford Shale, primarily in Gonzales and Lavaca Counties, from Hunt Oil Company f...

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