DENVER–(BUSINESS WIRE)–Sep. 1, 2017– Whiting Petroleum Corporation (NYSE: WLL) announced today that it closed the previously announced sale of its Fort Berthold Indian Reservation area assets located in Dunn and McLean Counties, North Dakota. The purchase price was $500 million, subject to closing and post-closing adjustments. The Company used the proceeds from the sale to pay $500 million down on its revolver.
Location: Petroleum Club Houston 1201 Louisiana St, 35th Floor Houston, TX 77002 Date: September 25, 2017 Time: 8:00 AM – 5:00 PM Credits: 6.00 CEU 1.00 CEU Ethics Speaker: George A. Snell III James H. Dupuis Jr. Benjamin Bryan Holliday Steve Otillar Andrew R. Potts Kim Mai Chance K. Decker AAPL Institutes bring in industry experts and leaders to discuss industry trends, forecasts and educational topics relevant to that region. Attendees will enjoy these
Successful Gulf of Mexico Lease Sale Yields $275 Million in High Bids on 913,542 Acres in Central Planning Area
U.S. Secretary of the Interior Ryan Zinke today announced that Lease Sale 247 for oil and gas parcels in the Gulf of Mexico garnered $274,797,434 in high bids for 163 tracts covering 913,542 acres in the Central Planning Area of the Outer Continental Shelf offshore Louisiana, Mississippi, and Alabama. A total of 28 offshore energy companies submitted 189 bids. The sum of all bids received totaled $315,303,884. “Today’s strong sale
Amending the act of July 20, 1979 (P.L.183, No.60), entitled “An act regulating the terms and conditions of certain leases regarding natural gas and oil,” further providing for definitions and for royalty guaranteed; and providing for written summary of unconventional gas well deductions and for inspection of records for unconventional gas wells. READ MORE: http://www.legis.state.pa.us/CFDOCS/Legis/PN/Public/btCheck.cfm?txtType=HTM&sessYr=2017&sessInd=0&billBody=H&billTyp=B&billNbr=1708&pn=2293