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Ovintiv Accelerates Debt Goal Following Closing Eagle Ford Asset Sale

2021-05-21 22:55:00| OGI

The roughly $880 million in proceeds from the Eagle Ford asset sale will be applied toward Ovintivs goal to cut debt by around 35% to $4.5 billion by year-end.

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Oasis Petroleum Exits Permian Basin in Sale Worth over $480 Million

2021-05-21 00:05:00| OGI

Oasis Petroleum had entered the Permian Basin in 2017 with the acquisition of Forge Energy for a mix of cash and stock equivalent worth approximately $946 million.

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Cenovus Pulls in over $100 Million Proceeds from ORRI Sale

2021-05-20 21:05:00| OGI

The ORRI sale marks the first divestiture since Cenovus Energy laid out plans to reduce net debt by CA$10 billion in January following the close of its all-stock merger with Husky Energy.

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Vermont Bill is First in Nation to Ban Sale of Consumer Products with PFAS

2021-05-20 14:21:54| Happi Breaking News

Vermont Governor Phil Scott signed bill this week.

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Cimarex Energy Strikes Midcontinent Asset Sale to Tom Ward-led Group

2021-05-19 10:05:00| OGI

Will McMullen, managing partner of Bayou City Energy, also added that the partnership between BCE and Wards Mach Resources plans to start considering acquisitions outside of the Midcontinent region.

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