DENVER, Oct. 2, 2018 /PRNewswire/ — LongPoint Minerals II, LLC (LongPoint II) announced the closing of its capital raise totaling over $846 million with an anchor equity...
Cenovus Energy Inc. Chief Executive Officer Alex Pourbaix was in his office in downtown Calgary, Canada in late August when he checked his...
For a number of reasons, the US inventory of drilled-but-uncompleted wells (DUCs) has swelled from almost 4,300 to more than 8,200 in...
LONDON (Reuters) – Oil prices rose on Monday, supported by concerns that falling output from Iran will tighten markets once U.S. sanctions...
HOUSTON–(BUSINESS WIRE)–Aug 20, 2018–Post Oak Energy Capital, LP (“Post Oak”), through investment partnerships it manages, today announced that it led a $100...
Diamondback Energy Inc. said Aug. 14 it will create a Permian powerhouse with the acquisition of Energen Corp. in an all-stock transaction...
The Midland oil producer Diamondback Energy said it will pay $1.2 billion for the assets of a Permian Basin-focused Houston startup. Diamondback...
There is no denying that the oil & gas industry has struggled in recent years with varying opinions on the effects of...
OKLAHOMA CITY, Aug. 7, 2018 /PRNewswire/ –/PRNewswire/ Continental Resources, Inc. today announced second quarter operating and financial results. The Company reported net income of $242.5 million,...
Chesapeake Energy Corp posted a quarterly loss on Wednesday, hurt by a drop in natural gas prices and higher expenses, sending its...