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Energy A&D Transactions from the Week of April 15, 2020

2020-04-15 18:00:00| OGI

Heres a snapshot of energy deals from the past week including approval of the sale of bankrupt Alta Mesa Resources for $220 million plus amended terms to Devon Energys Barnett sale.

Tags: april week energy transactions

 

Devon Energy Looks to Boost Proceeds in Barnett Shale Deal

2020-04-15 00:15:00| OGI

As part of the amended terms, Kalnin Ventures agreed to pay up to $830 million for Devon Energys Barnett assetsa $60 million increase from the original purchase price.

Tags: energy deal proceeds boost

 
 

Chesapeake Energy Board OKs Reverse Stock Split as Shale Pioneer Faces Debt, Lawsuit

2020-04-14 22:30:00| OGI

A majority of Chesapeake Energy shareholders voted for a 1-for-200 reverse stock split expected to raise the companys share price and help the shale pioneer avoid delisting from the New York Stock Exchange.

Tags: board stock energy debt

 

Saudi Energy Minister Says Effective Global Oil Cuts Above 19 MMbbl/d

2020-04-14 15:49:56| OGI

Official adds in pledges by G-20 and purchases into crude reserves.

Tags: global effective energy oil

 

Nine Energy Service Subsidiary Nine Downhole Norway Achieves ISO Certification

2020-04-14 15:35:36| OGI

Nine Energy Service Inc.'s subsidiary, Nine Downhole Norway, has achieved ISO 9001:2015 certification, an internationally recognized standard that ensures products and services meet the needs of customers through an effective quality management system.

Tags: service energy iso norway

 

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