Texas

Rosehill Resources Inc. Announces Sale of Its Barnett Assets and Increase in Borrowing Base Under Its Credit Agreement

Rosehill Resources Inc. (“Rosehill” or the “Company”) (NASDAQ:ROSE) (NASDAQ:ROSEW) (NASDAQ:ROSEU) today announced the closing of the sale of its remaining Barnett Shale assets for approximately $7.1 million, subject to customary purchase price adjustments. The assets were producing approximately 675 net barrels of oil equivalent per day, with 54% gas and 45% natural gas liquids. The sale proceeds are being used for general corporate purposes. The Company also announced an increase

Obituary - Cathaleen D. Pettigrew

Cathaleen D. Pettigrew, age 64, of The Woodlands, Texas, passed away on November 03, 2017. She was born in Aberdeen, WA in 1953. Her Parents were Hugo Petrini and Darlene Petrini. In 1972, Cathaleen was a young woman in Anchorage Alaska. At that time something big was going on, The Trans-Alaska Pipeline.  One day Cathaleen was standing outside of the ARCO building in Anchorage, Alaska and thought to herself that

ExxonMobil Acquires Crude Oil Terminal to Serve Growing Permian Basin Production

Exxon Mobil Corporation (NYSE:XOM) announced today that it has acquired a crude oil terminal in Wink, Texas from Genesis Energy LP. The terminal is located in the rapidly growing Delaware Basin, part of Permian Basin – one of the most prolific plays in the United States. The terminal is strategically positioned to handle Permian Basin crude oil and condensate for transport to Gulf Coast refineries and marine export terminals. The facility

Chaparral Energy Announces Sale of EOR Assets for $170 Million

Chaparral Energy, Inc. (OTCQB: CHPE) announced today that it has entered into a definitive agreement to sell its North Burbank and Texas Panhandle enhanced oil recovery (EOR) assets for $170 million cash plus certain contingent payments, subject to customary closing adjustments, to an undisclosed buyer. “The sale of these assets marks a major milestone in the transition of Chaparral to a premiere pure-play STACK operator. Our teams will now be

NHAPL OCTOBER LUNCHEON

Please join us for our  October luncheon at Amerigo’s in The Woodlands on October 10th, 2017. We look forward to sharing new updates and upcoming events with the NHAPL. Upcoming event information: NHAPL October Luncheon – Amerigo’s Grille 25250 Grogans Park Dr, The Woodlands, TX 77380 Date: 10 Oct 2017 11:30 AM

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

LINN Energy Announces Sale of Washakie Properties for $200 Million and Increases Share Repurchase Authorization to $400 Million

LINN Energy, Inc. (OTCQB:LNGG) (“LINN” or the “Company”) announced today that it has signed a definitive agreement to sell its interest in properties located in Wyoming to an undisclosed buyer for a contract price of $200 million, subject to closing adjustments. The Board of Directors (the “Board”) has also authorized an increase in the previously announced share repurchase program to a total of $400 million of the Company’s outstanding shares

Global Infrastructure Partners To Acquire Medallion Gathering & Processing, LLC

NEW YORK, NY; IRVING, TX; HOUSTON, TX; TULSA, OK—October 2, 2017.  The Energy & Minerals Group (“EMG”), 51% owner, and Laredo Petroleum, Inc.  (NYSE: LPI) (“Laredo”), 49% owner, announced today that their affiliates have entered into a binding agreement to sell Medallion Gathering & Processing, LLC (“Medallion”) to an affiliate of Global Infrastructure Partners (“GIP”) for a cash purchase price of $1.825 billion (the “Base Consideration”) plus additional cash consideration