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RSP Permian to Acquire Silver Hill Energy Partners for $2.4 Billion
October 24, 2016
RSP Permian has signed agreements to acquire oil and gas company Silver Hill Energy Partners for about $2.4bn in a bid to strengthen its operations in the US. Silver Hill, which is owned by affiliates of Kayne Anderson Capital Advisors
Fluor Completes Module Fabrication for Fort Hills Oil Sands Mining Project, Canada
October 24, 2016
Fluor Corporation has fabricated all 358 modules and shipped to the site for its portion of the Fort Hills Energy L.P. oil sands mining project in the Athabasca region of Alberta, Canada. Fluor is performing engineering, procurement, fabrication and construction
SM Energy to Acquire QStar’s Midland Basin Oil and Gas Assets for $1.6 Billion
October 24, 2016
US based firm SM Energy has agreed to acquire 35,700 net acres in Howard and Martin Counties in West Texas from QStar, a portfolio company of EnCap Investments and a related entity, for $1.6bn. The acreage considered for acquisition is
Ardiden Advances Canadian Lithium and Graphite Projects
October 21, 2016
Ardiden Ltd has completed the initial exploration programs at the Seymour Lake and Root Lake lithium projects and the Manitouwadge graphite project, all of which are located in Ontario, Canada. The programs continue to deliver strong results as Ardiden advances
Crestwood Equity, Williams Partners to Restructure Gathering & Processing Contract with Chesapeake
October 20, 2016
Williams Partners L.P. and Crestwood Equity Partners L.P., as 50/50 joint venture partners in the Bucking Horse natural gas processing plant and Jackalope Gas Gathering System, have signed an agreement with Chesapeake Energy Corporation to restructure natural gas gathering and
Paradigm Named Winner for Best Exploration Technology in 2016 World Oil Awards
October 20, 2016
Paradigm’s EarthStudy 360® full-azimuth angle domain imaging and analysis solution, has won the 2016 World Oil award for Best Exploration Technology. EarthStudy 360® was named the Best Exploration Technology for its innovative approach to high-resolution seismic imaging and interpretation of
Rare Earth Exploration Utilizes New Technology in Arizona Helium Boom
October 18, 2016
The Holbrook Basin of northern Arizona is being hailed as the “Saudi Arabia of Helium” by those in the know who are close to the natural gas and oil exploration industries. While this has been a known fact for quite
EQT Midstream Partners Acquires Transmission, Storage and Gathering Assets from EQT Corp.
October 14, 2016
EQT Midstream Partners, LP has acquired the Allegheny Valley Connector transmission and storage system, along with several Marcellus gathering systems from EQT Corporation for $275 million in cash. EQM funded the acquisition with borrowings from its revolving credit facility. The
Eco-Terrorists Sabotage Several Pipelines in Canada, North Dakota, and Minnesota
October 14, 2016
Eco-terrorists in four states were arrested Tuesday for attempting to sabotage Canadian and U.S. oil pipelines in an effort to show solidarity with the Dakota protesters. Climate Direct Action said their actions were in support of the Standing Rock Sioux
Krewe Energy Acquires Remaining Interest at Lapeyrouse Oil Field, Louisiana
October 13, 2016
Krewe Energy, LLC, has completed the acquisition of the remaining working interest in the Lapeyrouse Field, giving Krewe approximately 100 percent interest in the field. The Lapeyrouse Field is a South Louisiana legacy property that has been actively producing since
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