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Gastar Exploration Announces Acquisition of Mid-Continent Interests...

2015-10-15 02:13:26| Logistics - Topix.net

Gastar Exploration Inc. today announced that it has entered into a definitive purchase and sale agreement to acquire additional working and net revenue interests in 103 gross producing wells and certain undeveloped acreage in the STACK and Hunton Limestone formations in its Area of Mutual Interest from its AMI partner, Husky Ventures, Inc. , and certain other parties . The purchase price is approximately $43.3 million, subject to certain adjustments and customary closing conditions, and the conveyance of approximately 11,000 net non-core, non-producing acres in Blaine and Major Counties, Oklahoma to the Sellers.

Tags: interests acquisition exploration announces

 

Gastar Exploration Receives Average Rating of "Buy" from Analysts

2015-10-14 01:20:02| Logistics - Topix.net

Shares of Gastar Exploration have been assigned a consensus rating of "Buy" from the ten brokerages that are covering the company, ARN reports . Four analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company.

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OMV discovers gas in Latif exploration license in Pakistan

2015-10-13 01:00:00| Hydrocarbons Technology

Austria-based oil and gas company OMV has discovered gas in the Latif South-1 exploration well located in the Latif exploration license in the Sindh Province of Pakistan, 25km south of the Latif gas field.

Tags: license gas pakistan exploration

 

Santos Ltd. Oil & Gas Exploration and Production Operations and Cost Analysis - Q1, 2015

2015-10-12 01:33:33| Oil & Gas - Topix.net

Santos Ltd. Oil & Gas Exploration and Production Operations and Cost Analysis is the latest report from GlobalData, the industry analysis specialists, that offers comprehensive information on the operational and financial performance of the company. The report is an essential source for key operational data, analysis and strategic insight into company.

Tags: cost analysis production operations

 

Oil Patch Braces for Exploration Chill After Canada's Election

2015-10-05 15:12:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: As Canadas oil patch grapples with a price shock, pipeline delays and rising tax rates, the federal election could add another barrier to recovery by reining in a key incentive for development of new wells. Two of the three major parties jostling for power in the Oct. 19 vote are campaigning against fossil fuel subsidies and propose tightening the rules for a tax deduction that allows oil-and-gas producers to write off exploration costs against profits entirely in the year theyre incurred....

Tags: oil patch election exploration

 

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