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Weekly Update: Premier makes opportunistic grab for Encore OilPremier Oil made a timely offer for fellow North Sea exploration company Encore Oil this week, for a consideration of $325 million (net of cash held by Encore). |
Noble, CONSOL finalize $3.4B Marcellus Shale partnershipNoble Energy has closed the previously announced agreements which create a joint venture partnership with CONSOL for the development of Marcellus Shale properties in southwest Pennsylvania and northwest West Virginia. |
Industry Briefs |
Weekly Update: Hayward's Vallares announces Kurdistan mergerVallares Plc, the acquisition vehicle formed in June 2011 by former BP Chief Exec Tony Hayward and Nathaniel Rothschild, announced the $2.1 billion reverse takeover of Turkish company Genel Energy International Ltd. this week. |
Weekly Update: Noble Energy ventures into Marcellus Shale via CONSOL Energy tie-upNoble Energy made a major move into the Marcellus shale play this week in a $3.4 billion joint venture with CONSOL Energy. The deal was split into two transactions. |
Weekly Update: Noble Energy ventures into Marcellus Shale via CONSOL Energy tie-upNoble Energy made a major move into the Marcellus shale play this week in a $3.4 billion joint venture with CONSOL Energy. |
Still in early stages of development, Niobrara may yield huge oil potential
The Niobrara formation is a commercial hydrocarbon reservoir located in Colorado and Wyoming (and small parts of Nebraska and Kansas).
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Upstream News |