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Tag: petroleum
Private Oil Producer Remora Petroleum Files for Chapter 11 Bankruptcy
2020-08-13 23:30:00| OGI
Remora Petroleum, an Austin, Texas-based private E&P company focused on mature, long-lived producing properties, listed approximately $85 million in debt.
Tags: private
files
oil
chapter
Occidental Petroleum Posts Fourth Straight Quarterly Loss on $6.6 Billion Write-down
2020-08-10 22:30:00| OGI
Occidental Petroleum posted its fourth straight quarterly loss on Aug. 10 as it recorded a $6.6 billion impairment charge, largely to write down the value of its properties following a crash in oil prices.
Tags: posts
loss
straight
fourth
Presidio Petroleum Acquires Anadarko Position from Bankrupt Templar Energy
2020-08-06 18:00:00| OGI
The acquisition of Templar Energys assets through a bankruptcy auction represents an expansion from the western Anadarko Basin, where Presidio Petroleum already has an established position, into Oklahomas STACK play.
Tags: position
energy
petroleum
acquires
Marketed: Tamarack Petroleum Permian, Illinois Basin Assets
2020-08-03 20:20:00| OGI
Tamarack Petroleum Co. Inc. retained RedOaks Energy Advisors as its exclusive adviser in connection with the sale of operated positions in the Permian and Illinois basins.
Tags: illinois
assets
petroleum
basin
Occidental Petroleum Reportedly Nearing $4.5 Billion Asset Sale
2020-07-30 11:10:00| OGI
Pertamina is negotiating the acquisition of Occidental's oil and gas stakes in countries including Ghana and the United Arab Emirates, a report said, citing people with knowledge of the matter.
Tags: sale
billion
asset
petroleum
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