December 2018

Comstock Resources, Inc. Announces Haynesville Shale Acquisition

Frisco, Texas, Dec. 19, 2018 (GLOBE NEWSWIRE) — COMSTOCK RESOURCES, INC. ANNOUNCES HAYNESVILLE SHALE ACREAGE ACQUISITION FRISCO, TEXAS, December 19, 2018 – Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) announced today that it has entered into an agreement with Shelby Shale, LLC (“Shelby”) to acquire an 88% interest in  6,124 gross acres (6,023 net) limited to Shelby’s Haynesville shale rights in Harrison and Panola counties, Texas for $20.5

Equinor further focuses NCS portfolio

Equinor has been declared the provisional winner of one of the three leases offered in the US government’s wind lease sale for an area offshore the Commonwealth of Massachusetts.   Equinor submitted a winning bid of USD 135 million for lease OCS-A 0520, during the online offshore wind auction concluded today by the US Department of the Interior’s Bureau of Ocean Energy Management (BOEM).   Equinor will now have the opportunity to

Primary Logo

PLANO, Texas, Dec. 14, 2018 (GLOBE NEWSWIRE) — Torchlight Energy Resources, Inc. (TRCH) (“Torchlight” or the “Company”), today announced that the Company has completed the drilling phase of the A39 #1 well in its Orogrande Basin drilling program with operator Maverick Operating and drilling partner Wolfbone Properties. The A39 #1 was drilled to a vertical depth of 4,035 feet and casing was set. Well logs and core samples were taken prior to casing

Employees wade through the wetlands of Galveston Bay

MPC recently awarded $150,000 to the American Red Cross of Alaska for a new Emergency Response Vehicle (ERV). The next generation ERV will be specially equipped for the Alaskan climate and will expand existing capacity for a broader response reach across the state. Kenai Refinery VP Cameron Hunt and Government and Public Affairs Manager Casey Sullivan presented the check to the Red Cross at a meeting of the Anchorage Chamber of

Hess Completes Sale of Utica Acreage

Focus on High Return Investments to Deliver Capital Efficient Production Growth and Significant Future Free Cash Flow NEW YORK–(BUSINESS WIRE)–Dec. 10, 2018– Hess Corporation (NYSE:HES) today announced a 2019 E&P capital and exploratory budget of $2.9 billion. Of this, approximately 75 percent will be allocated to high return growth assets in the Bakken and Guyana. Net production is forecast to average between 270,000 and 280,000 barrels of oil equivalent per

Equinor further focuses NCS portfolio

These transactions are calibrated as a balanced swap when it comes to value with no cash consideration. “The net effect of our agreement with Faroe is to upgrade Equinor’s portfolio in line with our updated roadmap for the NCS. We are strengthening our operated position in the prolific Njord area, which we believe continues to have considerable upside potential. We remain operator and majority equity holder in Alve which is