Tuesday, January 24, 2012

Implied Reserves Value for Oil Continued to Recover in 2011

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Globally, the implied reserves values, $/2P reserves (Entitlement*), plunged in Q4 2011 largely due to 3 gas deals** done at a very low $/2...

Upstream M&A Activity off to a Robust Start

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The aggregate deal value during Jan-2012 (as of 24-Jan-2012) is off to a robust start with $7.54 billion, greater than $5.82 billion during...

ConocoPhillips and ExxonMobil lead Asian Deals In Play

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  ConocoPhillips with an estimated $1.5 billion package covering three oil and natural gas assets offshore Vietnam and ExxonMobil with an...

Range Resources' proved reserves increase to 5.1 Tcfe

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Range Resources has  announced today that its proved reserves as of December 31, 2011 increased to a record high of 5.1 Tcfe.  This represe...

Shell, Chevron and other large oil companies Arctic-ing towards Pole position

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Major companies such as Shell, Chevron, Total, Repsol, Statoil, Novatek and Cairn, amongst others have been expanding their exploration act...

Essar Oil doubles gas reserves at Raniganj block; Share price increases by 13%

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Essar Oil, the largest acreage holder of CBM blocks in India, has reported that the proven and probable reserves and best estimate 2C conti...
Monday, January 23, 2012

Apache – Select Acquisitions and Divestitures 2009-2011

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Apache has pursued an opportunistic acquisition strategy lapping up distressed assets from BP and with no significant divestitures. Continu...