OIL MARKETS

Welcome to the Oil and Gas Financial Journal's Oil Markets Page containing news reported with the Oil & Gas Financial Industry perspective.

SECTIONS: OGJ150 | OGFJ100P
COMPANIES | OIL MARKET WATCH

Linn Energy

(LINE)

LINN Energy has grown from a handful of natural gas wells in 2003 to a top-15 independent U.S. E&P company with approximately 4.8 Tcfe of proved reserves in producing U.S. basins as of Dec. 31, 2012.

News, Products and Stock Info

Devon Energy sells $2.3B in US non-core assets to LINN

06/30/2014

As planned, Devon Energy Corp. has agreed to sell all of its non-core US oil and gas properties to Linn Energy for $2.3 billion, or approximately $1.8 billion after tax.

LINN Energy, LinnCo, Berry Petroleum merger approved

12/16/2013 LINN Energy LLC, LinnCo LLC, and Berry Petroleum Co. report that unitholders and shareholders of the three entities have approved the previously announced merger and related transactions between th...

LINN Energy prices 10M unit offering at $35.92

12/09/2010

LINN Energy LLC plans to sell 10 million units in a public offering expected to raise between $344 million and $396 million.

LINN expands Permian Basin acreage for $305M

03/30/2010

LINN Energy LLC has added to its oil and natural gas assets in the Permian Basin with a recent $305 million acquisition.

LINN Energy to acquire Atrim Shale properties for $330M

03/23/2010 Midstream energy company LINN Energy LLC has agreed to purchase natural gas properties in the Antrim Shale from HighMount Exploration & Production LLC for $330 million and plans to partially fu...

Ellis takes over president, CEO role at LINN Energy

01/12/2010

LINN Energy LLC has named Mark E. Ellis president and CEO and has been appointed to the company’s board of directors, effective January 1, 2010.

Ellis to succeed Linn as LINN Energy CEO

06/11/2009 Starting January 2010, Mark E. Ellis will take over the role as CEO of LINN Energy LLC. He currently holds the position of president and COO. Michael C. Linn, currently chairman and CEO, will becom...

SemGroup files bankruptcy reorganization plan

02/11/2009 SemGroup LP, a provider of midstream services to the energy industry, and certain of its subsidiaries have filed their Plan of Reorganization and related Disclosure Statement with the US Bankruptcy...

MarkWest Energy Partners, ArcLight Capital form Arkoma Connector Joint Venture

02/11/2009 Midstream energy company MarkWest Energy Partners LP and ArcLight Capital Partners LLC have formed a joint venture dedicated to the construction and operation of the Arkoma Connector pipeline.

Fleckman resigns Regency Energy posts, signs on at Mayer Brown

02/11/2009 Dan Fleckman has resigned his positions as chief legal officer, executive vice president, and secretary of Regency Energy Partners LP, a midstream energy partnership engaged in the gathering, contr...

Linn Energy Website

http://www.linnenergy.com/

OGJ150

Gulfport Energy names Gaydosik CFO

Jul 10, 2014 Gulfport Energy Corp. has appointed Aaron Gaydosik to serve as CFO. Most recently, Gaydosik served as vice president of finance at Kodiak Oil &...

Revenue, net income show small increases in 4Q2012

May 1, 2013 Revenues for the group of publicly-traded US-based companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal grew in the final...

Helix completes sale of oil and gas business

Feb 6, 2013 Helix Energy Solutions Group Inc.has closed the previously announced sale of Energy Resource Technology GOM Inc. (ERT), the company’s oil and gas s...

Revenue, net income drop sharply in 3Q12

Feb 1, 2013 Revenues for the group of publicly-traded US-based companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal continued their d...

WPX Energy makes natural gas discovery in Niobrara formation

Jan 23, 2013 Tulsa, OK-based oil and gas exploration and production company WPX Energy said January 22 that a recent Niobrara gas discovery in western Colorado ...

OGFJ100P

Vantage Energy files for $400M IPO

Jul 8, 2014

Vantage Energy Inc., a privately-held oil and gas company, plans to raise approximately $400 million in an IPO. 

Rock Oil increases capital commitment, adds to management

Jun 10, 2014 Wells Fargo Energy Capital and BNP Paribas have made investments and capital commitments to Rock Oil Holdings LLC. In addition, Rock Oil has named ...

AEPB acquires Permian leasehold for $2.5B

Jun 9, 2014 American Energy – Permian Basin LLC, an affiliate of American Energy Partners LP, has signed an agreement to acquire approximately 63,000 net acres...

FourPoint raises $1B in capital, partners with EnerVest in Anadarko Basin

Jan 31, 2014 FourPoint Energy LLC has acquired certain producing and undeveloped oil and gas properties and related midstream assets in the Western Anadarko Bas...

OGFJ100P company update

Jul 11, 2013 Independent research firm IHS Herold Inc. has provided OGFJ with updated production data for our periodic ranking of US-based private E&P compa...

Oil & Gas Companies

Roxi Petroleum makes discovery at BNG Contract Area in Kazakhstan

Roxi Petroleum plc, a Central Asian oil and gas company with a focus on Kazakhstan, reports a discovery at its flagship BNG asset in the pre-Caspian basin in Western Kazakhstan.

ERHC Energy provides operations update

ERHC Energy Inc., a publicly traded American company with oil and gas assets in Sub-Saharan Africa, today issued an update on the company's progress.


Hibiscus ups stakes in Gippsland Basin

Malaysia's Hibiscus Petroleum Berhad group has signed a series of binding agreements with its Australian partner, 3D Oil Ltd., to increase its effective stake in both the VIC/L31 production license in Australia's Gippsland Basin which contains the...

Repsol makes oil discovery in Trinidad and Tobago

Repsol has made a new hydrocarbons discovery in the Teak field, offshore Trinidad and Tobago, in the TSP block east of the island of Trinidad.

Pemex to invest $6B in Cantarell production

Pemex plans to launch a $6 billion investment in 2017 to maintain current levels of production at its Cantarell field over the next decade, Reuters reports.

KrisEnergy approves Wassana oil development

KrisEnergy Ltd., an independent upstream oil and gas company, has approved the final investment decision for the development of the Wassana oil field in the Gulf of Thailand G10/48 license, where production is anticipated to begin in the second ha...

Sonatrach grants Eni three prospection permits in Algeria

Eni has been granted three prospection permits by Sonatrach, the Algerian state company. The permits authorize Eni, as operator, and Sonatrach to carry out prospection activities in the basins of Timimoun and Oued Mya, in onshore southern Algeria.