Sunday, February 23, 2025

Encana Oil & Gas Exits DJ Basin in $900 Million Asset Sale

Expects 2015 Net Debt to be Reduced by $3.0 Billion – 50% higher than expected. Calgary-based Encana Corporation (ticker: ECA) is leaving behind its second United States shale play since August, selling its Denver Julesburg assets for $900 million. The company is just six weeks removed from selling the entirety of its Haynesville acreage for $850 million. The aggressive divestures

Record 150-Car Train Delivers 16,500 Tons of Frac Sand to Permian Basin

HOUSTON, Oct. 7, 2015 /PRNewswire/ — U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced the delivery of a record-breaking 150-car unit train carrying over 16,500 tons of U.S. Silica White® frac sand from Ottawa, IL to a transload facility serving the Permian Basin.  The sand was delivered on the BNSF Railroad.  This unit train of sand is the longest ever delivered

Mexico’s oil and gas licensing process will continue at pace, says official

From Digital Look Mexico will continue opening up further oil and gas exploration blocks at pace, including onshore and deepwater prospects, to international and private sector players, according to a senior official. Speaking at the IRN Oil & Gas International Licensing Summit 2015 in London, Lourdes Melgar, Deputy Secretary of Energy for Hyrdocarbons in Mexico, said: “The process is about