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Permian Shale Producers Pioneer, Parsley Energy Prepare Job Cuts

2020-08-25 11:00:00| OGI

Two U.S. shale oil producers, Pioneer Natural Resources and Parsley Energy, are planning to trim staff in coming days, people familiar with the matter said.

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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

 
 

Oklahoma Shale Driller Chaparral Energy Files for Bankruptcy

2020-08-17 11:00:00| OGI

Oklahoma shale driller Chaparral Energy Inc. filed for Chapter 11 bankruptcy protection on Aug. 16, the latest U.S. energy sector casualty in recent months.

Tags: files energy oklahoma bankruptcy

 

Empire Taps Schlumberger to Help Unlock Potential Northern Territory Shale Resources

2020-08-11 17:52:51| OGI

Plans are for Schlumberger Land Rig 183 to drill to a depth of about 2,900 m, allowing Empire to evaluate the targeted Velkerri Shale and Kyalla Shale, the company said in a news release.

Tags: resources potential northern empire

 

Montney Shale Consolidation Continues with Canadian Natural Resources Deal

2020-08-10 18:35:00| OGI

Canadian Natural Resources agreement to acquire Montney producer Painted Pony follows the acquisition of Kelt Explorations position in the shale gas play by ConocoPhillips late last month.

Tags: resources natural deal continues

 

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