All Petroleum News

Athlon Energy prices upsized public offering

Athlon Energy Inc. has priced its underwritten public offering of 12,875,000 shares of common stock at $40.00 per share. The offering was upsized to 12,875,000 sh...

Athabasca sells stake in oil sands project to partner PetroChina

Athasbasca Oil Corp has exercised an option to sell its 40% stake in the planned Dover oil sands project to its partner PetroChina Co. for C$1.32 billion ($1.20 b...

Shell reports Malaysia deepwater gas discovery

Shell has announced an exploration discovery offshore Malaysia. The successful Rosmari-1 well is located 135 kilometers offshore in Block SK318, and was drilled t...

FTS International completes long-term refinancing

FTS International Inc. has completed the refinancing of its $1.06 billion term loan, lowering interest rates and extending the earliest maturity of its funded lon...

Corlena Oil II to sell horizontal Texas Panhandle properties

Corlena Oil Company II LLC has retained E-Spectrum Advisors LLC to sell its properties targeting the Cleveland, Granite Wash, and Douglas play in Hemphill and Och...

Armada closes acquisition of Kansas assets

Armada Oil Inc. reports that, as a part of its asset reallocation strategy, the company recently completed the acquisition of 100% working interest in six produci...

Saipem awarded FPSO contracts in Angola

Total has awarded Saipem two contracts in Angola for a combined total of more than $4 billion.

TXON Partners to sell North Texas oil properties

TXON Partners LLC has retained E-Spectrum Advisors, an affiliate of Energy Spectrum Advisors Inc., to sell certain operated oil properties in North Texas.

EXCO closes $500 million notes offering

EXCO Resources Inc. has closed its underwritten offering of $500 million aggregate principal amount of 8.500% notes due 2022, which were issued at 100.000% of pri...

Athlon Energy prices $650 million of senior notes

Athlon Energy Inc. has priced $650 million of 6.00% senior unsecured notes by Athlon Holdings LP and its co-issuer and wholly owned subsidiary, Athlon Finance Cor...