Halcón Resources to acquire Williston Basin assetsHalcón Resources Corp. has entered into a privately negotiated definitive agreement with Petro-Hunt LLC and an affiliated entity, to acquire producing and undeveloped oil and gas assets in the Williston Basin for an aggregate purchase price of approximately $1.45 billion, consisting of $700 million in cash and $750 million in equity. |
Advances in technology streamline business processes
Exploration, drilling and production departments aggressively invest in advanced, proven technology to reduce exploration risk, drill wells more efficiently, and improve margins through reduced costs for producing hydrocarbons.
|
Advances in technology streamline business processes
Exploration, drilling and production departments aggressively invest in advanced, proven technology to reduce exploration risk, drill wells more efficiently, and improve margins through reduced costs for producing hydrocarbons.
|
Nexen names Reinhart new CFO
Nexen Inc. has appointed Kevin Reinhart as senior vice president and CFO effective January 1, 2009. He will succeed Marvin Romanow, who will become president and CEO, following the retirement of Charlie Fischer at the end of this year.
Since joining Nexen in 1994, Reinhart has held the roles of controller, treasurer, and most recently, senior vice president, corporate planning and business development. |
W&T Offshore names Vazquez presidentW&T Offshore Inc. has appointed Jamie L. Vazquez as president of the company. Tracy W. Krohn previously held the position and he continues to serve as chairman and CEO. Vazquez joined the company in 1998 and was most recently vice president, land, a position she has held since 2003. |