Oil Shale News

Panhandle to Purchase Eagle Ford Assets
United States >> 5/15/2014 - PANHANDLE OIL AND GAS INC. has signed an agreement to purchase a 16% non-operated working interest in 11,100 gross leasehold acres (1,775 net acres) located in the core of the Eagle Ford Shale oil w...
Martin Acquires Certain Subsidiaries of Atlas Pipeline
United States >> 5/14/2014 - Martin Midstream Partners L.P. has closed its previously announced acquisition of all of the outstanding membership interests in Atlas Pipeline NGL Holdings, LLC and Atlas Pipeline NGL Holdings II, LL...
Vitesse Oil and Vitesse Energy Acquire 3,625 Net Acres in Williston Basin
United States >> 5/14/2014 - Vitesse Oil, LLC and Vitesse Energy, LLC announced the acquisition of non-operated oil and gas assets in the Williston Basin from a private seller consisting of a working interest in over 250 wells an...
Triangle Acquires Williston Basin Properties
United States >> 5/14/2014 - Triangle Petroleum Corporation has entered into two separate definitive agreements to acquire Williston Basin properties ("Acquisitions"), and received bank commitments for 100% financing of the acqui...
Petrel & Bernum Seek Interest for Cardium assets
Canada >> 5/13/2014 - Petrel and its Lochend Cardium Joint Venture partner, Bernum Petroleum Ltd, have engaged Macquarie Capital Markets Canada Ltd. to seek proposals for the sale of their Lochend Cardium assets.
Utica East Ohio Provides Major Expansion
United States >> 5/12/2014 - Access Midstream Partners, L.P. announced a major expansion of the Utica East Ohio (UEO) midstream service complex in eastern Ohio. The expansion will increase UEO's nameplate capacity to 1 billion cu...
Citadel Acquires Five Freshwater Wells
United States >> 5/8/2014 - Citadel Energy Services, LLC has acquired five commercial freshwater wells in McKenzie County, North Dakota. All five of these freshwater wells are located in one of the busiest counties of the Bakken...
U.S. Energy Enters Into Participation Agreement in South Texas
United States >> 5/8/2014 - U.S. Energy Corp. has entered into a Participation Agreement covering lands in Dimmit County, Texas with a private South Texas based oil and gas company (the "Seller"). ...
FCX Agrees to Sell Eagle Ford Interests for $3.1 Billion
United States >> 5/7/2014 - Freeport-McMoRan Copper & Gold Inc. has entered into a definitive purchase and sale agreement to sell its Eagle Ford Shale assets for $3.1 billion to a subsidiary of Encana Corporation (Encana) FCX es...
Sabine and Forest Oil Define Merger Agreement
United States >> 5/6/2014 - Sabine Oil & Gas LLC and Forest Oil Corporation (”Forest”), announced the signing of a definitive merger agreement under which Sabine and Forest will combine their businesses in an all-stock transac...
Swift and PT Agrees to Jointly Develop Eagle Ford Acreage
United States >> 5/6/2014 - Swift Energy Company (“Swift Energy”) and PT Saka Energi Indonesia (“Saka”) announced that U.S. subsidiaries of Swift Energy and Saka have executed definitive agreements to fully develop approximate...
WPX to Sell Certain Working Interests for $355 Million
United States >> 5/6/2014 - WPX Energy signed an agreement to sell a working interest in certain of its existing Piceance Basin wells to Legacy Reserves LP, a Midland-based master limited partnership, for $355 million cash subje...
Abraxas Provides Operations & Production Update
United States >> 5/5/2014 - Abraxas Petroleum Corporation is pleased to provide the following operations, production. ...
Pacific Provides Production Rates of First Three Wells
United States >> 5/2/2014 - Pacific Energy Development, an energy company engaged in the acquisition and development of strategic high-value energy projects in the U.S. and Asia, today announced the estimated initial production ...
Atlas Starts-Up Stonewall Processing Plant
United States >> 5/1/2014 - Atlas Pipeline Partners, L.P has brought into service the Stonewall plant in the Arkoma section of the Woodford Shale, which will add capacity to APL's SouthOK system. The Partnership is also acceler...
Ferrellgas Closes Acquisition of Sable Environmental
United States >> 5/1/2014 - Ferrellgas Partners, L.P. , one of the nation's largest distributors of propane, announced it has closed on its acquisition of Sable Environmental, LLC and a related entity ("Sable") for $124.7 millio...
Lynden Energy Spuds First Horizontal Well
United States >> 5/1/2014 - Lynden Energy Corp. reports that its first horizontal well, the Wolcott 253-1H, has been spud on a 1,127 acre lease in northern Martin County, West Texas. The well has a targeted lateral length of ap...
Range Signs Asset Exchange Agreement
United States >> 4/30/2014 - Range Resources Corporation announced the execution of an agreement to exchange producing properties and other assets with EQT Corporation. ...
Gazprom Neft Taps into Natural Flow of Shale Oil at New Well
Russia >> 4/29/2014 - Gazprom Neft has successfully tapped into a natural flow of oil with a flow rate of 50 cubic metres per day at a new well in the Bazheno-Abalaksky formation of the Palyanovskaya zone at the Gazpromnef...
Williams Suspends Investment in Bluegrass NGL Pipeline
United States >> 4/28/2014 - Williams has suspended capital investments in the Bluegrass Pipeline, a proposed natural-gas-liquids project, primarily in response to an insufficient level of firm customer commitments. The company c...

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