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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.
Pioneer CEO: More Production Cuts Needed to Save Industry
2020-04-13 22:04:37| OGI
Scott Sheffield to address Texas regulators April 14 to seek oil production cutbacks.
Tags: save
needed
industry
production
BW Offshore Inks Five-Year Contract For BW Pioneer In US GoM
2020-03-18 14:04:28| OGI
BW Offshore has signed a five-year contract for the lease and operation of the BW Pioneer on the Cascade and Chinook fields on behalf of MP Gulf of Mexico LLC (MP GOM) with a five-year option to extend.
Pioneer Natural Resources Chops Spending By 45%, Cuts Rig Count
2020-03-16 22:44:48| OGI
The Dallas-headquartered Permian Basin player said March 16 it is lowering this years drilling, completion and facilities capital budget to between $1.6 billion and $1.8 billion
Tags: resources
natural
count
spending
TC Energy Proposes To Buy Pioneer Pipeline In Multimillion-dollar Deal
2020-03-12 14:30:00| OGI
NOVA Gas Transmission Ltd. (NGTL), a subsidiary of TC Energy, entered the proposed purchase agreement through an exclusive letter of intent with Tidewater Midstream and TransAlta.
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