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Marketed: Wagner Oil East Texas, Midcontinent Properties

2020-08-19 22:15:00| OGI

Wagner Oil Co. retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain East Texas and Midcontinent properties.

Tags: east properties texas oil

 

Newpek Sells Out of Texas Shale Including Eagle Ford Joint Venture

2020-08-18 23:15:00| OGI

The transaction has an implied value of $88 million for Newpek, resulting from the cancellation of its obligations in joint venture and operating contracts with Ensign and Reliance.

Tags: including texas ford joint

 
 

Empire Petroleum Forms JV to Develop Recently Acquired East Texas Properties

2020-08-14 23:00:00| OGI

Petroleum Independent & Exploration has identified the first of many workover/recompletion programs to potentially uplift field production in Empire Petroleums Fort Trinidad Field asset in Houston and Madison counties, Texas.

Tags: east recently properties develop

 

Marketed: Texas Austin Chalk Opportunity in Burleson and Washington Counties

2020-08-14 22:05:00| OGI

Texas American Resources Co. retained PetroDivest Advisors to market for sale its oil and gas leasehold and mineral interests in Burleson and Washington counties, Texas.

Tags: washington opportunity texas austin

 

Texas Takes Steps to Reduce Flaring in Oil Sector

2020-08-06 15:18:53| OGI

Changes would include reducing the amount of time an operator may get an administrative exception to flare natural gas.

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