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Occidental Petroleum Swings to Profit in Second Quarter

2021-08-03 22:50:00| OGI

Oil and gas producer Occidental Petroleum said on Aug. 3 adjusted profit attributable to common stockholders stood at $311 million, or 32 cents per share, for the three months ended June 30.

Tags: profit quarter petroleum occidental

 

Whiting Petroleum to Exit D-J Basin in A&D Double Play

2021-07-21 22:50:00| OGI

Whiting Petroleum entered into separate definitive agreements totaling $458 million to acquire Williston Basin assets in North Dakota and divest all its oil and gas assets in the D-J Basin of Colorado.

Tags: play double exit petroleum

 
 

Oasis Petroleum Completes Permian Basin Exit in Sale to Percussion II

2021-07-13 23:05:00| OGI

Percussion Petroleum acquired Oasis Petroleums remaining upstream assets in the Texas region of the Permian Basin for cash consideration of up to $375 million, a company filing says.

Tags: sale exit petroleum oasis

 

Marketed: Callon Petroleum Operated Midland Basin Sale

2021-06-29 21:00:00| OGI

Callon Petroleum Operating Co. retained TenOaks Energy Advisors for the sale of certain operated Midland Basin properties in Midland and Howard counties, Texas.

Tags: sale operated petroleum basin

 

Chevron, Consortium of Total, Qatar Petroleum Win Suriname Oil Bids

2021-06-18 19:30:34| OGI

Staatsolie is negotiating production-sharing contracts for Chevron for Block 5 and with the Total-Qatar Petroleum consortium for Blocks 6 and 8, the state oil company says.

Tags: total win oil bids

 

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