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Whiting Offers Snapshot Of Business In The Bakken

Its that allocation of capital to the highest rate of return that is driving us to go and look for new plays,' says CEO Volker.

Inclusive of the sale, Abraxas has divested 502 barrels of oil equivalent per day for gross proceeds of US $47.3 million since the beginning of 2013.

Eddystone, Pa., terminal positioned to be the Cushing of Northeast, says Eddystone VP Johnson.

The acquisition price is US $28.8 million to be paid through a combination of cash, stock and interest in the development of the wells.

EOG, Range Resources are candidates for takeover, analyst says.

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