Acquisitions and Divestitures News in United States

Shell to Sell Gulf of Mexico Fields to W&T Offshore
12/4/2010 - Shell announced that it has agreed to sell its interest in six Gulf of Mexico oil and gas fields to W & T Energy VI, LLC, a wholly owned subsidiary of W&T Offshore Inc., for $450 million, with an effe...
Antero Announces Marcellus Shale Acquisition
12/2/2010 - Antero Resources announced that it has acquired Bluestone Energy Partners, a privately held West Virginia natural gas producer. The Bluestone assets include producing properties with 19 MMcfd of gross...
Savoy Completed a 300-Acre Lease Acquisition in Texas
12/1/2010 - Savoy Energy Corporation, an independent oil and gas Company, announces that on November 26th, 2010 the Company completed a 300-acre lease acquisition in Central Texas. This lease is within the "oil w...
Sale of Minnesota Downstream Assets Transaction Close
12/1/2010 - Marathon Oil Corporation announced that its wholly owned subsidiary Marathon Petroleum Company LP (MPC) has closed the transaction with ACON Investments, LLC (ACON) and TPG Capital (TPG) for the sale...
Kodiak Completes Williston Basin Acquisition
12/1/2010 - Kodiak Oil & Gas Corp., an oil and gas exploration and production company with assets in the Williston Basin of North Dakota and Montana, announced that it closed the previously announced acquisition ...
Hess Acquires Additional Bakken Acreage
11/22/2010 - Hess Corporation announced that it has agreed to acquire 167,000 net acres in the Bakken oil shale play in North Dakota from TRZ Energy, LLC for $1,050 million in cash. ...
Proper Power Continues Acquisition Infrastructure
11/22/2010 - Proper Power & Energy, Inc.announced that it has formed a wholly owned subsidiary to operate its acquisition of 87.5 acres of land in Kentucky. The filing follows the execution of an agreement of unde...
Flint Provides Expansion of Oilfield Hauling Services
11/22/2010 - Flint Energy Services Ltd.announced a US$36 million asset acquisition, including property and equipment in five locations in the United States; three in East Texas, one in Louisiana and one in Oklahom...
Energy XXI to Acquire Gulf of Mexico Shelf Properties
11/21/2010 - Energy XXI announced it has executed a purchase and sale agreement to acquire certain shallow-water Gulf of Mexico shelf oil and natural gas interests from affiliates of ExxonMobil for $1.01 billion. ...
Cabot Oil & Gas Sale of Pennsylvania Midstream Assets
11/18/2010 - Cabot Oil & Gas Corporation announced the sale of its Pennsylvania midstream assets to Williams Field Services Company, LLC (WFS), a subsidiary of Williams Partners L.P,for consideration of $150 milli...
Denbury Agrees to Sell Ownership Interests
11/17/2010 - Denbury Resources Inc. announced that it has entered into an agreement to sell its ownership interests in Encore Energy Partners LP ("ENP") to Vanguard Natural Resources, LLC ("Vanguard") for $380 mil...
Rocksource Signed LOI for Sale of US Onshore Assets
11/11/2010 - Rocksource ASA is pleased to announce that its US subsidiaries have signed a Letter of Intent (LOI) for the sale of its US onshore producing gas fields for a consideration of USD 9.35 million with eff...
Gastar Acquisition of Marcellus Shale Leasehold
11/10/2010 - Gastar Exploration Ltd. ("Gastar") announced that the Company has executed a Purchase and Sale Agreement ("PSA") with undisclosed private sellers for the acquisition of approximately 59,000 net acres ...
Shell to sell Gulf of Mexico fields to W&T Offshore
11/4/2010 - Shell announced that it has agreed to sell its interest in six Gulf of Mexico oil and gas fields to W & T Energy VI, LLC, a wholly owned subsidiary of W&T Offshore Inc., for $450 million, with an effe...
Miller Energy Resources Secures Exploration License
11/1/2010 - Miller Petroleum, Inc. dba Miller Energy Resources ("Miller") a high growth oil and natural gas exploration, production and drilling company announced that its wholly owned subsidiary Cook Inlet Ener...
Lufkin Acquisition of Petro Hydraulic Lift Systems
11/1/2010 - Lufkin Industries, Inc.announced that it has acquired the operating assets of Petro Hydraulic Lift Systems, LLC (PHL) and certain related companies. PHL, based in South Louisiana, specializes in the d...
KKR Natural Resources Closes Oil and Gas Investment
11/1/2010 - Kohlberg Kravis and Roberts Co.announced that KKR has acquired certain oil and gas assets in southeast Texas in two related acquisitions. The transactions, together valued at $40 million, are the firs...
Energen to Purchase Additional Wolfberry Acreage
11/1/2010 - Energen Resources Corporation, the oil and gas exploration and production subsidiary of Energen Corporation, has signed a Purchase and Sale Agreement with a private seller to acquire 10,360 net Wolfbe...
BP Sells Four Deepwater Gulf of Mexico Fields
10/25/2010 - BP has reached agreement to sell its recently-acquired interests in four mature producing deepwater oil and gas fields in the US Gulf of Mexico to Marubeni Oil and Gas for $650 million. ...
Endeavour Completes the Sale of Cygnus
10/19/2010 - Endeavour International Corporation announced it has closed on the sale of its Cygnus asset to Bayerngas UK Ltd., the UK oil and gas subsidiary of Bayerngas Norge AS, for a cash consideration of $110 ...

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