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Tallgrass Energy’s Pony Express Pipeline to Build Connection to Holly Frontier Refinery, Kansas
May 1, 2017
Tallgrass Energy Partners, LP’s Pony Express Pipeline has reached an agreement with Holly Frontier Corporation and its affiliates to build facilities to connect Holly Frontier’s refinery complex in El Dorado, Kansas (El Dorado Refinery) to the Pony Express Pipeline. The
MGX Minerals Acquires 110,000 Acres of Paradox Basin, Utah Oil and Gas Leases
May 1, 2017
MGX Minerals Inc. has entered into a joint operating agreement with a private vendor to act as operator and acquire a 75 percent working interest in certain underlying oil and gas leases located contiguous to the company’s Lisbon Valley petrolithium
Williams Partners Acquires Additional Interests in Two Marcellus Shale Gathering Systems
May 1, 2017
Williams Partners L.P. has completed separate transactions with Western Gas Partners, LP, Anadarko Petroleum Corporation, and Energy Transfer Partners, L.P., and certain of their respective affiliates, for an aggregate cash consideration of $200 million paid to Williams Partners and an
Ares Management Forms Development Capital Resources for Oil & Gas Funding Resources
May 1, 2017
Ares Management, L.P. has formed Development Capital Resources (DCR), an oil and gas company focused on providing development capital to North American exploration and production operators. Led by Ronnie Scott and Matt Loreman and backed by funds managed by Ares
SNC-Lavalin Makes $2.6 Billion Deal to Acquire UK-based WS Atkins
May 1, 2017
Canadian engineering and construction company SNC-Lavalin Group has made an offer to acquire UK-based engineering and consultancy firm WS Atkins for £2.1bn ($2.6b). Confirming the takeover talks, SNC-Lavalin said it offered to acquire the entire issued and to-be-issued share capital
BP Awards Contracts to OneSubsea for Development of $9 Billion Mad Dog 2 Project, Gulf of Mexico
May 1, 2017
BP has awarded contracts to OneSubsea, part of oilfield services firm Schlumberger, and Subsea 7 for the $9bn Mad Dog 2 deepwater development in the US Gulf of Mexico. The Mad Dog Phase 2 project is the second stage of
Venado to Acquire Exco’s Oil and Natural Gas Assets for $300 Million, Texas
April 28, 2017
KKR affiliate Venado Oil and Gas has signed an agreement to acquire oil and natural gas assets in South Texas from Exco Resources for around $300m. Under the deal, Venado will acquire interests in oil and natural gas properties and
Tall Oak Midstream Begins Open Season for TOM Midcon Transport Residue Gas Pipeline Project,Oklahoma
April 28, 2017
Tall Oak Midstream II, LLC and its affiliates and subsidiaries, has commenced a non-binding open season for its TOM Midcon Transport residue gas pipeline project. The open season will begin at 9 a.m. CST on April 6, 2017, and will
DCP Midstream to Partner with Kinder Morgan Gulf Coast Pipeline Project, Texas
April 28, 2017
Natural gas processor DCP Midstream will partner Kinder Morgan Texas Pipeline (KMTP) in the development of the proposed 430-mile Gulf Coast Express Pipeline Project in the US. KMTP, the subsidiary of energy infrastructure giant Kinder Morgan, will build and operate
Freedom Oil and Gas Eyes Shale Formation Wells in Texas
April 28, 2017
Freedom Oil and Gas has secured a 100 percent working interest in 9,300 net acres in Dimmit County, Texas for developing Eagle Ford shale formation wells. The Eagle Ford was one of the most actively drilled targets for unconventional oil
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