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Tag: shale
Devon Energy Completes Barnett Shale Exit to Kalnin Ventures
2020-10-02 11:05:00| OGI
Devon Energy received a net cash payment of $320 million for the Barnett Shale assets at closing, which the Oklahoma City-based company said in August will coincide with a special dividend to shareholders worth $100 million.
Tags: energy
exit
ventures
devon
US Shale Producer Callon Petroleum Addresses Debt with $170 Million Asset Sales
2020-10-02 01:00:00| OGI
The larger of the asset sales was the divestiture of an overriding royalty interest in substantially all Callon-operated oil and gas leaseholds to a private investment vehicle managed by private equity firm Kimmeridge Energy.
Tags: sales
million
addresses
debt
Eagle Ford Shale Producer Lonestar Resources Files for Chapter 11 Bankruptcy
2020-10-01 11:15:00| OGI
Lonestar Resources' assets and liabilities were in the range of $500 million to $1 billion, according to a court filing in the U.S. Bankruptcy Court for the Southern District of Texas.
Tags: resources
files
ford
chapter
Virtual DUG Day 2 Preview: Deep Dive into Texas Shale Outlook
2020-09-30 11:30:00| OGI
Hart Energys two-day, on-demand DUG Permian Basin and DUG Eagle Ford Virtual Conference continues with a look at operational insights and efficiencies plus oil and gas deals and donts for the future.
Shale Producer Oasis Petroleum Files for Bankruptcy
2020-09-30 11:25:00| OGI
"Due to historically low global energy demand and commodity prices, we determined it is best for Oasis Petroleum to take decisive action to strengthen our liquidity," CEO Thomas Nus says.
Tags: files
producer
bankruptcy
petroleum
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