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Franco-Nevada and Continental to Acquire Mineral Rights in Scoop and Stack Shale Plays, Oklahoma
August 9, 2018
Franco-Nevada has entered into a partnership with US-based oil and gas firm Continental Resources to jointly acquire mineral rights in the Scoop and Stack shale plays of Oklahoma. In this regard, the Canada-based Franco-Nevada has agreed to pay around $220m
Eon NRG Enters Powder River Basin with New Lease Acquisition
August 9, 2018
Eon NRG has leased exploration rights in a 640-acre land in the Powder River Basin in the US state of Wyoming from the state government. The acquisition of what is the company’s first lease in the Powder River Basin is
Kosmos Energy to Acquire Deep Gulf Energy for $1.23 Billion
August 9, 2018
Reuters reported that Kosmos Energy has agreed to acquire Deep Gulf Energy (DGE) from its private equity owner for USD 1.23 billion, according to a bourse filing, expanding the deepwater oil and gas firm’s operations into the Gulf of Mexico.
Taproot Forms New Company to Develop Midstream Infrastructure in DJ Basin, Colorado
August 7, 2018
Taproot Energy Partners said that its newly formed affiliate, Taproot Rockies Midstream (Taproot), has started the construction and operation of a multi-product midstream system in the DJ Basin made up of natural gas, crude oil and produced water gathering, natural
Lime Rock to Acquire ConocoPhillips’ Barnett Assets for $230 Million, Texas
August 7, 2018
Lime Rock Resources has agreed to acquire ConocoPhillips’ Barnett shale play assets comprising oil and natural gas properties located mainly in Montague, Wise, Denton, and Cooke Counties, Texas for nearly $230m, subject to customary purchase price adjustments. The transaction represents
NextEra Energy Acquires Florida City Gas from Southern Company
August 7, 2018
NextEra Energy has wrapped up its previously announced acquisition of natural gas utility Florida City Gas from Southern Company. NextEra Energy Chairman and CEO Jim Robo said: “We are pleased to complete this transaction and welcome the Florida City Gas
Wison Offshore Secures FEED Contract for Western’s FLNG Project, Canada
August 6, 2018
Wison Offshore & Marine has won a front-end engineering design (FEED) contract from Texas-based Western LNG for its new floating liquefied natural gas (FLNG) project in the Canadian province of British Columbia. Under a technical service agreement (TSA) signed by
Magellan to Expand Refined Petroleum Products Pipeline, Texas
August 6, 2018
Publicly traded partnership Magellan Midstream Partners has announced plans to further expand the western leg of its refined petroleum products pipeline system in Texas, US. The firm earlier said it will expand the capacity of the line segment to roughly
Northern Oil and Gas Signs Deal to Acquire W Energy Partners
August 6, 2018
Northern Oil and Gas (NOG) has signed a definitive agreement to acquire oil-producing assets from W Energy Partners. At closing, the acquisition will represent approximately 6,750 barrels of oil equivalent (Boe) per day of production and 10,600 net acres in
Macquarie Enters into Agreement to Sell Bayonne Energy Center for $900 Million, New Jersey
August 3, 2018
MIC (Macquarie Infrastructure Corporation) has entered into an agreement to sell 100 percent of the Bayonne Energy Center (BEC) power generation facility in Bayonne, New Jersey for approximately $900 million in cash and assumed debt. The transaction is expected to
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