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Tag: shale
Devon Energy Looks to Boost Proceeds in Barnett Shale Deal
2020-04-15 00:15:00| OGI
As part of the amended terms, Kalnin Ventures agreed to pay up to $830 million for Devon Energys Barnett assetsa $60 million increase from the original purchase price.
Tags: energy
deal
proceeds
boost
How Will the Shale Litigation Boom Affect Your Operations?
2020-04-14 22:32:59| OGI
The sudden price collapse, global recession and enduring pandemic set this downcycle apart from previous troubles, but the steps leading to bankruptcy filings remain the same. Oil and gas litigators explain how they are guiding their clients.
Tags: your
operations
affect
litigation
Chesapeake Energy Board OKs Reverse Stock Split as Shale Pioneer Faces Debt, Lawsuit
2020-04-14 22:30:00| OGI
A majority of Chesapeake Energy shareholders voted for a 1-for-200 reverse stock split expected to raise the companys share price and help the shale pioneer avoid delisting from the New York Stock Exchange.
EIA: US Shale Oil Output to Drop to 8.5 Million Barrels Per Day in May
2020-04-13 21:56:49| OGI
Output at every formation is expected to fall in May, with the biggest drop forecast for the Permian Basin, the biggest basin in the country, the U.S. Energy Information Administration (EIA) said in a monthly forecast April 13.
Shale Producer Continental Resources Suspends Dividend
2020-04-07 23:00:00| OGI
With global oil demand estimated to have been impacted by 30% due to COVID-19, Continental Resources will continue to take decisive action to maximize cash flow generation, CEO Bill Berry says.
Tags: resources
continental
producer
dividend
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