Announces

QEP Resources Confirms Receipt of Proposal from Elliott

DENVER, Jan. 10, 2019 (GLOBE NEWSWIRE) — QEP Resources, Inc. (NYSE: QEP) (“QEP” or the “Company”) announced today that the sale of its natural gas and oil producing properties, undeveloped acreage and associated gas gathering and treating systems in the Haynesville/Cotton Valley has closed. As part of this transaction, Aethon III, an affiliate of Aethon Energy (the “Buyer”), assumed all firm gas transportation agreements related to these assets. In addition,

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

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

QEP Resources Announces Agreement to Sell Uinta Basin Assets for $155 Million

DENVER, Nov. 19, 2018 (GLOBE NEWSWIRE) — QEP Resources, Inc. (NYSE: QEP) (“QEP” or the “Company”) announced today that its wholly owned subsidiaries, QEP Energy Company, QEP Marketing Company, and QEP Oil & Gas Company, have entered into a definitive agreement to sell natural gas and oil producing properties, undeveloped acreage and associated gas gathering and treating systems in the Haynesville/Cotton Valley for $735.0 million, subject to purchase price adjustments

QEP Resources Announces Agreement to Sell Uinta Basin Assets for $155 Million

DENVER, Nov. 07, 2018 (GLOBE NEWSWIRE) — QEP Resources, Inc. (NYSE: QEP) (“QEP” or the “Company”) announced today that its wholly owned subsidiary, QEP Energy Company, entered into a definitive agreement to sell its assets in the Williston Basin to Vantage Acquisition Operating Company, LLC, a wholly-owned subsidiary of Vantage Energy Acquisition Corp. (Nasdaq:VEAC) (“Vantage”) for a purchase price of up to $1.725 billion, subject to purchase price adjustments. The

Callon Petroleum Company Announces Launch of $300 Million Senior Unsecured Notes Offering

NATCHEZ, Miss., Nov. 6, 2018 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) today announced that Jeffrey S. Balmer will succeed Gary A. Newberry as Senior Vice President and Chief Operating Officer, effective December 10, 2018. Mr. Balmer will join Callon this month and Mr. Newberry will retire from the Company in January 2019. Joe Gatto, President and CEO, said, “Gary has been instrumental to the success

Callon Petroleum Company Announces Third Quarter 2018 Results

NATCHEZ, Miss., Nov. 6, 2018 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) today reported results of operations for the three and nine months ended September 30, 2018. Presentation slides accompanying this earnings release are available on the Company’s website at www.callon.com located on the “Presentations” page within the Investors section of the site. Financial and operational highlights for the third quarter of 2018 and other recent data points

Encana announces strategic combination with Newfield Exploration Company; intends to raise dividend by 25 percent and expand its share buyback program to $1.5 billion, post closing

CALGARY, Alberta , Nov. 01, 2018 (GLOBE NEWSWIRE) — Encana Corporation ( Encana ) (TSX, NYSE: ECA) and Newfield Exploration Company (Newfield) (NYSE: NFX) today announced that they have entered into a definitive agreement whereby Encana will acquire all of the outstanding shares of common stock of Source link