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Key to Surviving Oil and Gas Bankruptcy Wave

2020-12-04 02:00:00| OGI

Low commodity prices and ongoing capital constraints mean oil and gas operators must learn to self-fund their businesses, says leader of Alvarez & Marsals oil and gas restructuring practice.

Tags: key gas oil wave

 

Contango Oil & Gas Snags Oily, Low-decline Assets in $58 Million Deal

2020-12-03 22:00:00| OGI

Contango Oil & Gas agreed to pay $58 million in cash for the acquisition of PDP heavy reserves located in in the Big Horn, Permian and Powder River basins made via a bank-owned liquidation of assets.

Tags: million deal gas oil

 
 

E&P Regional Report: Caribbean Sea Oil and Gas Development Update

2020-12-03 19:00:00| OGI

Recent oil and gas finds in the Caribbean SeaGuyana, Suriname, and Trinidad and Tobagoare encouraging producers to expand the exploration and development area in the region.

Tags: report development update sea

 

On the Market Oil and Gas Quicklist (Week of Dec. 2, 2020)

2020-12-02 20:30:00| OGI

Heres a quicklist of oil and gas assets on the market including multiple Ascent Resources packages in the core of the Utica Shale in Ohio plus royalty acreage operated by Endeavor Energy Resources in the Permian Basin.

Tags: week dec market gas

 

BMO to Exit US Oil and Gas Investment Banking Business

2020-12-01 20:15:00| OGI

BMO will wind down its investment and corporate energy banking units outside Canada to focus on the oil and gas business at home, where it sees better opportunities, a spokesman said in a statement.

Tags: business investment gas oil

 

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