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Laredo Petroleum Names Jason Pigott As CEO Randy Foutchs Successor

2019-04-24 22:50:43| OGI

Permian Basin oil and gas operator Laredo Petroleum said Mikell J. Jason Pigott will succeed Randy A. Foutch as CEO following Foutchs retirement by the end of 2019.

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Occidental Petroleum Kicks Off Anadarko Bidding War With Chevron

2019-04-24 13:55:44| OGI

Occidental Petroleum launched a $57 billion takeover bid for Anadarko Petroleum on April 24, trumping Chevrons offer for The Woodlands, Texas-based independent announced earlier this month.

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Marketed: Turning Point Petroleum Mineral, Royalty Interests Across Permian Basin

2019-04-12 17:00:00| OGI

Turning Point Petroleum retained EnergyNet for the sale of Permian Basin mineral and royalty interests across West Texas and New Mexico through a sealed-bid offering.

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Chevron, Anadarko Petroleum $33 Billion Megadeal Rocks Upstream Landscape

2019-04-12 16:00:00| OGI

Chevrons major drivers for the combination include Anadarkos tight oil assets in the Permian and D-J basins plus its Mozambique LNG project, analysts say.

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Laredo Petroleum Cuts Staff, Replaces CFO Amid Shareholder Pressure

2019-04-09 20:40:41| OGI

Laredo Petroleum, which operates primarily in the Permian Basin, expects the personnel cost reduction to result in roughly $30 million of annualized savings.

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