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WPX Energy Launches $900 Million Debt Offering To Fund Felix Deal

2020-01-07 21:00:00| OGI

WPX Energy commenced a public offering of $900 million senior unsecured notes, proceeds of which are earmarked as funding for its multibillion-dollar acquisition of Felix Energy II.

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Premier Oil In $816 Million North Sea Buying Spree

2020-01-07 11:25:00| OGI

Premier Oil said the North Sea deals with BP and Dana Petroleum would generate more than $1 billion in free cash flow by the end of 2023 and push its output.

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Laredo Petroleum Posts Production Beat, $900 Million Debt Offer

2020-01-06 22:00:00| OGI

Laredo Petroleums operations benefited from improved cycle times and wider-spaced wells above its Upper/Middle Wolfcamp type curve, the company said.

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US Daily Crude Oil Exports Hit 4 Million Milestone

2020-01-06 11:20:00| OGI

The United States has only been exporting oil since early 2016, after a four-decade ban on crude shipments worldwide was lifted in response to a surge in U.S. oil production.

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Africa to gain 17 million pay TV subs

2020-01-06 06:00:56| Digital TV News

According to Digital TV Research, Africa will have 47.26 million pay TV subscribers by 2025, up from 30.70 million at end-2019. Nigeria will contribute 10 million subscribers by 2025 having overtaken South Africa in 2020.

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