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Abraxas Petroleum to Pursue Strategic Alternatives Following Refinancing Transactions

2020-08-17 21:35:00| OGI

Abraxas Petroleum also entered into an agreement with its lender Angelo Gordon that included the appointment of the firms head of energy, Todd Dittmann, as a director of the San Antonio-based oil and gas company.

Tags: strategic transactions alternatives pursue

 

Empire Petroleum Forms JV to Develop Recently Acquired East Texas Properties

2020-08-14 23:00:00| OGI

Petroleum Independent & Exploration has identified the first of many workover/recompletion programs to potentially uplift field production in Empire Petroleums Fort Trinidad Field asset in Houston and Madison counties, Texas.

Tags: east recently properties develop

 
 

Whiting Petroleum CEO Brad Holly to Resign Following Bankruptcy

2020-08-14 20:00:00| OGI

Industry veteran and former SRC Energy CEO Lynn Peterson is expected to be appointed as Whiting Petroleums next CEO, effective as of the completion of the companys restructuring.

Tags: ceo bankruptcy brad petroleum

 

Column: US Petroleum Inventories Show Gradual Rebalancing

2020-08-14 11:15:00| OGI

U.S. petroleum inventories show clear signs of trending lower as consumption slowly recovers from the epidemic and lockdowns, while Saudi Arabia restricts production and directs volumes away from North America.

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Woodside Petroleum Says on the Lookout for Acquisitions

2020-08-13 23:35:00| OGI

"We're clearly scanning the landscape very closely looking for opportunities," Woodside Petroleum CEO Peter Coleman told analysts on a conference call.

Tags: acquisitions petroleum lookout woodside

 

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