Corporate News
American Oil & Gas to Sell Ownership in Wyoming Assets
The operator said it signed a letter of intent to sell all of American’s ownership in non-producing wells, producing wells and undeveloped acreage located in the Powder River Basin for approximately $44 million.
2Mar2010 | admin | 0 comments | Continued
Legacy Completes Purchase of Multiple Wyoming Fields
Legacy Reserves LP has closed the acquisition of thirteen operated oil fields in Wyoming from St. Mary Land & Exploration Company based in Denver.
25Feb2010 | admin | 0 comments | Continued
Royal Energy Resources Obtains Natrona County Interest
“The field in Natrona County marks our acquisition in Wyoming of oil and gas mineral rights. Teaming up with industry leaders like Bill Barret Corporation is important in achieving early success in our oil and gas production revenue future,” stated Company president, Jacob Roth.
19Jan2010 | admin | 0 comments | Continued
Exxon Bets on Domestic NG Market
with XTO Purchase
The energy giant says it will buy XTO Energy in an all-stock deal worth $31 billion as the oil giant seeks to capitalize on the growing supply of natural gas at home. Major producers see natural gas as a priority fuel source, especially in a reduced carbon economy.
15Dec2009 | admin | 0 comments | Continued
Resolute Natural Resources Co. Going Public
Denver-based Resolute will now be known as Resolute Energy Corp. and will begin trading on the New York Stock Exchange under the ticker symbols “REN” and “REN WS.” The company operates an oil project in Southeast Utah and a gas field in Wyoming’s Powder Rover Basin.
29Sep2009 | admin | 0 comments | Continued
Encore Acquisition in CO2 Supply Agreement
with Fremont County Gas Plant
Encore will purchase all of the volumes available from the Lost Cabin Gas Plant, and plans to build compression facilities adjacent to the plant and construct a 206 mile pipeline to transport the compressed CO2 to its Montana site.
29Jul2009 | admin | 0 comments | Continued
State’s O&G Service Sector Could Shrink
Further If Downturn Continues
Wyoming could be impacted even further by job losses if the oil and gas services industry consolidates because of a continued depressed market.
29Jul2009 | admin | 0 comments | Continued
EnCana Establishes Fixed Price Hedges on Gas Production
EnCana Corporation has extended its risk management program for 2010 by establishing fixed price hedges on about 35 percent of the company’s expected natural gas production.
15Jun2009 | admin | 0 comments | Continued
Drill-Bit Maker Varel Opens Denver-Area Office
to Serve Rocky Mountain Region
The facility will provide sales of polycrystalline diamond compact drill bits, field engineering and technical support.
10Jun2009 | admin | 0 comments | Continued
Lighthouse Petroleum Creates New Advisory Board
for Wyoming O&G
The company said it is in urgent need of seasoned oil and gas veterans with extensive experience in the specific areas of geology and petroleum engineering to further its existing drilling prospect within the Wind River Basin.
9Jun2009 | admin | 0 comments | Continued
Oil and Gas Q1 Financials Reflect Slumping Market
First quarter financial reports are in for Teton Energy, Devon Energy, Ultra Petroleum, Cimarex Energy and Warren Resources. While production in some cases broke records, it is no surprise the financial numbers show 2009 continues a very challenging period for oil and gas producers.
7May2009 | admin | 0 comments | Continued
Arete to Acquire Oil and Gas Acreage From
DNR, Tindall — including Wyoming Sites
Arete had purchased the TOP Gathering System located in Campbell County in 2006. This pipeline is connected to DNR’s gas properties in Wyoming and is currently transporting approximately 900,000Mcf of gas per day for the DNR wells and is cash flowing from its operations.
1May2009 | admin | 0 comments | Continued