Oil Shale News

BP to Form Separate Business to Manage US Lower 48 Onshore Oil and Gas Assets
United States >> 3/4/2014 - BP announced its intention to establish a separate business to manage its onshore oil and gas assets in the US Lower 48. The US Lower 48 onshore oil and gas business environment has unique characteris...
Samson Provides Operational Update
United States >> 3/4/2014 - NORTH STOCKYARD PROJECT, WILLIAMS COUNTY, NORTH DAKOTA ...
American Provides 2013 Reserve & Q4 2013 Operational Results
United States >> 3/4/2014 - American Eagle Energy Corporation announced December 31, 2013 estimated proved reserves, reaffirmed first quarter 2014 production guidance and issued an operational update. ...
Access to Acquire Midstream Compression Assets for $160 Million
United States >> 2/28/2014 - Access Midstream Partners, L.P.has agreed to acquire certain midstream compression assets from MidCon Compression, L.L.C (“MidCon”), a wholly owned subsidiary of Chesapeake Energy Corporation, for $16...
Devon Acquired Eagle Ford Assets from GeoSouthern Energy
United States >> 2/28/2014 - Devon Energy Corporation completed its previously announced acquisition of Eagle Ford assets from GeoSouthern Energy. Devon has acquired 82,000 net acres located in DeWitt and Lavaca counties in Texas...
MGM Updated Assessment of Canol Shale Oil Play
Canada >> 2/27/2014 - MGM Energy Corp. has completed its formal search for a partner for its Canol shale oil lands. To date, the Company has not been successful in obtaining a partner to assist in the funding of further as...
Rhino Resource to Sale its Utica Shale Interests
United States >> 2/26/2014 - Rhino Resource Partners LP has entered into a binding letter of intent to sell its oil and gas properties in the Utica Shale to Gulfport Energy Corporation for a purchase price of approximately $185 m...
Chesapeake Energy Reports Operational Results
United States >> 2/26/2014 - Operational Update
The company continues to achieve strong operational results and well cost reductions in each of its most active plays. Chesapeake employs conservative choke managemen...
Halcon Unveils New Core Tuscaloosa Marine Shale Position
United States >> 2/26/2014 - Halcon has established the TMS as a third core area. In aggregate, the Company has approximately 307,000 net acres leased or under contract in the play. Approximately 77% of the acreage is located in ...
QEP Resources Reports Operating Results
United States >> 2/25/2014 - Operations Summary

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New Standard Successfully Drills First Well in Eagle Ford Shale
United States >> 2/25/2014 - New Standard Energy Limited is pleased to advise that the Company’s first well in the Eagle Ford shale (EFS), Peeler Ranch-5H, has successfully reached target depth and the process of running in casi...
Rosetta Provides Operational Results and 2014 Outlook
United States >> 2/24/2014 - Rosetta Resources Inc. reported fourth quarter 2013 net income of $29.5 million, or $0.48 per diluted share, versus net income of $42.3 million, or $0.80 per diluted share, for the same period in 2012...
EOG Increases Potential Eagle Ford Reserves
United States >> 2/24/2014 - EOG Resources, Inc. reported full year 2013 net income of $2,197 million, or $8.04 per share, as compared to $570 million, or $2.11 per share, for the full year 2012. For the fourth quarter 2013, EOG...
Strata-X Updates Operations Activity on Maverick Project
United States >> 2/23/2014 - Maverick Oil Project, Eagle Ford, South Texas – 10,945 net acres ...
Abraxas Provides Production Update & 2013 Year End Reserves
United States >> 2/21/2014 - Abraxas Petroleum Corporation is pleased to announce 2013 year end reserves grew 3% over 2012 to 31.0 MMBoe with 11.3 MMBoe of reserve additions more than offsetting 9.1 MMBoe of divestitures. Abraxas...
Colombia Prepares Shale Debut with Launch of 2014 Oil Round
Colombia >> 2/19/2014 - Colombia will for the first time auction areas potentially containing non-conventional or shale crude in its 2014 oil round in July that it is launching on Wednesday as it seeks to sustain a wave of f...
Concho Reports Year End Financial & Operating Results
United States >> 2/19/2014 - Concho Resources Inc. reported financial and operating results for the three months and year ended December 31, 2013. ...
Breitling Acquires Royalty Interests & Drilling Sites
United States >> 2/18/2014 - Breitling Energy Corporation had closed the acquisition of a 35% overriding royalty interest in 53 proved producing wells and 15 drilling sites located in Dimmitt, Zavala, Frio, and LaSalle Counties, ...
Diamondback to Acquire Additional Acreage in Midland Basin
United States >> 2/18/2014 - Diamondback Energy, Inc. has entered into definitive purchase agreements with unrelated third party sellers to acquire additional leasehold interests in Martin County, Texas, in the Permian Basin, for...
Richfield Completes Operations on Its Liberty #1 Well
United States >> 2/18/2014 - Richfield Oil & Gas Company has completed an extensive study of data related to its Liberty #1 discovery well in the Central Utah Overthrust. The study reviewed large volumes of data collected through...

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