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ConocoPhillips Reportedly in Talks to Buy Shale Producer Concho Resources

2020-10-14 11:05:00| OGI

ConocoPhillips and Concho Resources  may announce a deal in a few weeks, a report said, adding that no final decision has been made and talks could fall through.

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Shale Producer Cabot Cuts Production Outlook on Weak Gas Prices

2020-10-08 01:44:22| OGI

"We remain optimistic about the improving natural gas supply and demand outlook heading into 2021," Cabot Oil & Gas CEO Dan Dinges says.

Tags: prices production gas weak

 
 

Chrysaor to Take Over Premier Oil, Creating UK North Seas Biggest Producer

2020-10-06 15:08:05| OGI

The combined group, which will have a new name, will be run by Harbour CEO Linda Cook, while Chrysaor CEO Phil Kirk will be head of its European business.

Tags: north premier creating oil

 

US Shale Producer Callon Petroleum Addresses Debt with $170 Million Asset Sales

2020-10-02 01:00:00| OGI

The larger of the asset sales was the divestiture of an overriding royalty interest in substantially all Callon-operated oil and gas leaseholds to a private investment vehicle managed by private equity firm Kimmeridge Energy.

Tags: sales million addresses debt

 

Eagle Ford Shale Producer Lonestar Resources Files for Chapter 11 Bankruptcy

2020-10-01 11:15:00| OGI

Lonestar Resources' assets and liabilities were in the range of $500 million to $1 billion, according to a court filing in the U.S. Bankruptcy Court for the Southern District of Texas.

Tags: resources files ford chapter

 

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