Bakersfield, Calif.-based Berry Petroleum Co. has entered into an agreement with a consortium of private sellers to acquire their interests in natural gas producing properties on 4,500 net acres in Limestone and Harrison Counties of East Texas for $620 million in cash.
While Fort Worth-based XTO Energy Inc. has been steadily expanding its holdings across the country for the past few years, the company has been particularly aggressive in the last six months.
John S. Herold Inc., the trusted independent research firm, has once again provided OGFJ with updated production data for our periodic ranking of US-based private E&P companies.
Oil and gas companies – already heavily regulated – have been under increasing pressure over the past decade to improve corporate governance, manage risk and comply with new policies, laws and regulations imposed from a variety of directions, both external and internal.
Houston-based Cabot Oil & Gas Corp. has executed a definitive agreement to acquire producing properties, leasehold acreage, and a gathering infrastructure from a private party for $602.
KPMG LLP, the US audit, tax, and advisory firm is collaborating with First Book, the nonprofit organization placing new books into the hands of children in need.
Each year Oil & Gas Financial Journal editors and staff travel to a wide variety of energy investment presentations to gather information and intelligence on companies operating in our sector.