Oil Shale News

ArcLight to Construct Crude Oil Gathering in Eagle Ford Shale
United States >> 7/30/2014 - ArcLight Capital Partners, LLC announced that Republic Midstream, LLC, a newly-formed portfolio company, executed agreements with Penn Virginia Corporation (NYSE:PVA; “Penn Virginia”) to construct and...
Summit Developed Bakken Shale Crude Oil Pipeline & Storage Assets
United States >> 7/29/2014 - Summit Midstream Partners, LLC , the privately held company that owns and controls the general partner of Summit Midstream Partners, LP and also owns a 56.7% limited partner interest in SMLP, today pr...
Baytex to Sale North Dakota Assets
United States >> 7/29/2014 - Baytex Energy Corp. has entered into an agreement to sell its North Dakota assets (the “Assets”) to SM Energy Company, effective July 1, 2014, for gross proceeds of approximately $357 million (US$330....
RSP Permian Acquired Northern Midland Basin
United States >> 7/25/2014 - RSP Permian, Inc. has entered into definitive agreements in separate transactions with multiple sellers to acquire certain undeveloped acreage and oil and gas producing properties located in Glasscock...
TAG Oil Begins Drilling Waitangi Valley-1 Unconventional Exploration Well
New Zealand >> 7/24/2014 - TAG Oil Ltd. is pleased to announce commencement of drilling operations at the Company's 100%-controlled Waitangi Valley-1 exploration well in Petroleum Exploration Permit 38348, located in New Zealan...
Monroe, Bridger agreement to supply 65,000 barrels to Trainer refinery
United States >> 7/21/2014 - Monroe Energy LLC, a subsidiary of Delta Air Lines, has entered into a five-year agreement with Bridger, LLC, a leading midstream energy company, to supply 65,000 barrels of domestic crude oil daily t...
MDU Sold Certain Mountrail County, North Dakota, Production Assets
United States >> 7/21/2014 - MDU Resources Group, Inc. announced that its indirect wholly owned subsidiary, Fidelity Exploration & Production Company, signed a Purchase and Sale Agreement for the sale of certain oil and natural g...
Swift Energy & PT Saka Indonesia Close JV to Develop Fasken Eagle Ford Acreage
United States >> 7/15/2014 - Swift Energy Company closed its previously announced agreement with PT Saka Energi Indonesia (“Saka”) to fully develop 8,300 acres of Fasken area Eagle Ford shale properties owned by Swift Energy in W...
Magnum Reports Mid-Year 2014 Proved Reserves of 79.8 MMBoe
United States >> 7/14/2014 - Magnum Hunter Resources Corporation announced an increase of 7.7 MMBoe or a 10.7% improvement in the quantity of the Company's estimated total proved oil and natural gas reserves at June 30, 2014, co...
Whiting To Acquire Kodiak In All-Stock Transaction for $6.0 Billion
United States >> 7/13/2014 - Whiting Petroleum Corporation and Kodiak Oil & Gas Corp. announced a definitive agreement pursuant to which Whiting will acquire Kodiak in an all-stock transaction valued at $6.0 billion, based on the...
Penn Virginia Corporation Acquired Eagle Ford Shale Assets
United States >> 7/10/2014 - Penn Virginia Corporation has entered into a definitive agreement to acquire approximately 13,125 (11,660 net) Eagle Ford Shale acres in Lavaca County, Texas for approximately $45 million, of which ap...
Intertek Showcases Oil & Gas Expertise at South Texas Oilfield Expo
United States >> 7/8/2014 - Intertek, a leading quality solutions provider to industries worldwide, will present expert services supporting the oil, gas and petroleum refining industries at the South Texas Oilfield Expo in San A...
Empyrean Provides Production and Operational Update
United States >> 7/3/2014 - Empyrean Energy, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, is pleased to provide the following further ope...
Hawkwood Energy Acquires Assets in East Texas
United States >> 7/1/2014 - Hawkwood Energy LLC announced the acquisition of producing and non-producing assets in Brazos, Leon, Madison, and Robertson counties, Texas. These assets establish the company as a significant player...
Lilis Energy Provides Greater Wattenberg Field Operations Update
United States >> 7/1/2014 - Lilis Energy, Inc., announced its production update on the Company's first Greater Wattenberg Field horizontal well, which has been drilled and completed by the operator, PDC Energy, and provided an u...
Grid Petroleum Enters Into Strategic Funding Agreement
United States >> 6/30/2014 - Grid Petroleum Corp. has entered into a strategic funding agreement with Santa Rosa Resources Inc, a privately held Delaware corporation, for the development of Grid Petroleum’s leases in the Kreyenha...
Sanchez Completes Acquisition of New Core Area in Eagle Ford Shale
United States >> 6/30/2014 - Sanchez Energy Corporation announced acquisition of Eagle Ford Shale assets from wholly-owned subsidiaries of Royal Dutch Shell plc with an effective date of January 1, 2014. Including the approximat...
Jordan Oks USD2.4B Mega Shale Oil Project
Jordan >> 6/29/2014 - The Jordanian government ratified agreements prepared by the national electricity company with an Estonian company to implement a mega oil shale energy project in the Kingdom. ...
Energy Transfer builds pipeline to Transport Marcellus & Utica Shale
United States >> 6/26/2014 - Energy Transfer Partners, L.P. has approved building a pipeline to transport natural gas from processing facilities located in the prolific Marcellus and Utica Shale areas to numerous market regions i...
Strata-X Completes First Sleeping Gas Giant Well
United States >> 6/26/2014 - Strata-X Energy Ltd. has completed drilling operations on the Rohweder #1-11 well (“Well”), the Company’s first proof of concept well on the Company’s 120,000 net acre Sleeping Giant Gas Project. In d...

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