Showing posts with label Permian Basin. Show all posts
Showing posts with label Permian Basin. Show all posts
Friday, July 15, 2011

BHP Billiton acquires Petrohawk for ~$15 billion in the largest oil and gas M&A deal so far in 2011

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BHP Billiton has agreed to acquire Petrohawk for US$38.75 per share by means of an all-cash tender offer for all of the issued and outstand...
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Friday, June 17, 2011

Laredo Petroleum grabs Permian focused Broad Oak Energy for $1 billion

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Laredo Petroleum LLC has agreed to acquire Broad Oak Energy Inc, whereby Broad Oak will become a wholly-owned subsidiary of Laredo in exchan...
Wednesday, May 18, 2011

Apache Production increased by 25% in Q1 2011; Plans to Raise 2011 Capital Expenditures by 8% to $8.12 billion

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Apache Corporation posted Q1 2011 production up 25% to 732,000 boe from 586,000 boe in the first quarter 2010. Liquids production increased ...
Friday, May 6, 2011

Petrohawk acquires 325,000 acres at $1,400/acre in Permian Basin - Its New Operating Area

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Petrohawk Energy began building an acreage position in the Permian Basin in the second half of 2010, and has now acquired or has committed ...
Tuesday, April 26, 2011

W&T Offshore acquires Permian assets for $366 million

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W&T Offshore Inc has agreed with private sellers to acquire approximately 21,900 gross leasehold acres (21,500 net acres) in the West T...
Monday, April 18, 2011

PDC announced $233 million Capital Program; Projected 19% year-over-year growth in production for 2011

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PDC Energy expects production growth of 19% in 2011, as the company moves to accelerate development of oil and liquid assets in the onshor...
Friday, March 25, 2011

Wolfberry Play- the Monarch of Permian Basin!!

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In the recent days, the oil and gas industry sees many oil-weighted plays grooming up.. One such play is Wolfberry play- The Monarch of Perm...