eagle ford

CARRIZO OIL & GAS ANNOUNCES THE DIVESTITURE OF A PORTION OF ITS EAGLE FORD ACREAGE

Carrizo Oil & Gas, Inc. (Nasdaq: CRZO) today announced that it entered into an agreement to divest a portion of its assets in the Eagle Ford Shale for $245 million in cash, subject to adjustment and customary closing terms and conditions. The divested assets include approximately 24,500 net acres, located primarily in the downdip area of the volatile oil window, and had associated net production during the third quarter of 2017 of approximately 3,400 Boe/d (63%

Sanchez Energy Announces Closing of Javelina Asset Sale

Sanchez Energy Corporation (NYSE:SN) (the “Company”), today announced that it closed the previously announced sale of its Javelina assets in the Eagle Ford Shale for approximately $105 million in cash, subject to customary post-closing adjustments. SOURCE:  http://investor.sanchezenergycorp.com/phoenix.zhtml?c=248475&p=RssLanding&cat=news&id=2301668

Quantum Energy Partners Announces the Formation of Vitruvian Exploration IV and the acquisition of ~120,000 net acres in the Eagle Ford Shale

HOUSTON, TX–(Marketwired – August 24, 2017) – Quantum Energy Partners, a leading energy private equity firm, is pleased to announce the formation of Vitruvian Exploration IV with industry veterans Richard Lane, John Thaeler and Brian Rickmers. Supported by a $450 million equity commitment from Quantum, Vitruvian IV is actively building a portfolio of high quality, emerging and undeveloped oil and gas assets in North American unconventional resource plays. Vitruvian IV is the

Penn Virginia Announces Accretive Acquisition in Core Area

Penn Virginia Corporation (“Penn Virginia” or the “Company”) (NASDAQ:PVAC) today announced that it has entered into a definitive agreement to acquire Eagle Ford assets located primarily in Lavaca County, Texas for $205 million in cash from Devon Energy Corporation (“Devon”) (NYSE:DVN). The Company anticipates the acquisition will close on or before September 30, 2017, with an effective date of March 1, 2017. Penn Virginia expects the purchase price will be

Devon Energy Announces $340 Million of Non-Core Asset Sales

Devon Energy Corp. (NYSE: DVN) announced today it has entered into a definitive agreement to monetize its Lavaca County assets in the Eagle Ford play. Combined with other minor asset sales completed across its U.S. operations, proceeds from the company’s recently announced $1 billion divestiture program have now reached $340 million. The Lavaca County transaction is subject to customary terms and conditions and is expected to close by the end of 2017. “These highly-accretive

Acquires 9,413 Net Acres in the San Andres Oil Play of the Permian Basin

Energy Hunter Resources, Inc., an exploration and production company with a balanced portfolio of oil and natural gas properties located in the Permian Basin and Eagle Ford Shale regions and headquartered in Dallas, Texas, announced today that it has entered into a definitive agreement with Lubbock Energy Partners, LLC to acquire approximately 9,413 net acres located in the San Andres oil play of the Central Basin Platform portion of the

WildHorse Resource Development Corporation Announces Closing of the Eagle Ford Acquisition

WildHorse Resource Development Corporation (NYSE:WRD), today announced the closing of the previously announced acquisition of approximately 111,000 net acres in the East Texas Eagle Ford from the Anadarko Petroleum Corporation (“APC”) and affiliates of Kohlberg Kravis Roberts & Co. L.P. (“KKR”). After customary purchase price adjustments, WRD paid $594.4 million to close the transaction, consisting of $533.6 million in cash and approximately 5.5 million shares of WRD common stock valued

WildHorse Resource Development Corporation Announces Strategic Acquisition of Eagle Ford Properties

WildHorse Resource Development Corporation (NYSE:WRD) today announced that it has entered into a definitive agreement to acquire approximately 111,000 net acres and associated production from Anadarko Petroleum Corporation (“APC”) and affiliates of Kohlberg Kravis Roberts & Co. L.P. (“KKR”) for aggregate consideration of $625 million, subject to certain customary closing conditions. Fourth quarter 2016 net production on the acquired properties was 7,583 barrels of oil equivalent per day (“Boe/d”) consisting

Harmony and NextDecade Agree to Pursue Merger; NextDecade a Leader Among U.S. LNG Project Developers

Proposed merger to result in NextDecade becoming a publicly listed company NextDecade’s Rio Grande LNG among most advanced second wave U.S. LNG export projects 27 million tons LNG per annum (“mtpa”) project is optimally located in Brownsville, Texas, in close proximity to the Permian Basin and Eagle Ford Shale Rio Grande LNG has made significant regulatory and commercial progress to date, with a formal FERC application filed in May 2016

Sanchez Energy Announces Closing of Comanche Transaction

Sanchez Energy Corporation (NYSE:SN) (“Sanchez Energy” or the “Company”), today announced the closing of the previously announced acquisition of working interests in approximately 318,000 gross operated acres in the Western Eagle Ford from Anadarko Petroleum Corporation (NYSE:APC) (“Anadarko”) through a 50/50 partnership involving wholly-owned subsidiaries of the Company and with Blackstone Energy Partners (“Blackstone”) (the “Comanche Transaction”).  After purchase price adjustments associated with net cash flows from July 1, 2016