Onshore Projects By Continents

The rally in crude oil is reviving the U.S. shale boom, threatening speculators who are the most bullish on prices since July.                                                                                  Money managers increased their net-long position in West Texas Intermediate crude by 3.9% in the seven days ended May 5, U.S. Commodity Futures Trading Commission data show. That’s…
Noble Energy and Rosetta Resources have announced a definitive merger agreement whereby Noble Energy will acquire all of the common stock of Rosetta in an all-stock transaction valued at $2.1 billion, plus the assumption of Rosetta's net debt of $1.8 billion. Rosetta's liquids-rich asset base includes approximately 50,000 net acres…
The first major shale deal after the worst oil price collapse in five years is a model for future transactions that promises to quickly change the industry as companies expand in new areas or soak up struggling rivals.                                             Noble Energy Inc.’s $2.1 billion all-stock purchase of Rosetta Resources Inc. is…
LINN Energy, LLC and LinnCo, LLC announced Monday that LINN has signed a definitive agreement to sell its remaining position in Howard County in the Permian basin for a contract price of $281 million. The properties sold include approximately 6,400 net acres prospective for horizontal Wolfcamp drilling and approximately 2.0…
The insurance protecting shale drillers against plummeting prices has become so crucial that for one company, SandRidge Energy Inc., payments from the hedges accounted for a stunning 64% of first- quarter revenue. Now the safety net is going away. The insurance that producers bought before the collapse in oil --…
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