Friday, February 7, 2025

Woodside Quarterly Sales Drop 45% Amid Declining Energy Prices

From Bloomberg Woodside Petroleum Ltd., Australia’s second-largest oil and gas producer, posted a 45 percent decline in third-quarter sales after a slide in energy prices. Revenue fell to $1.09 billion from $1.96 billion a year earlier, Perth-based Woodside said Thursday in a statement. Output was little changed at 25.3 million barrels of oil equivalent, the company said. Woodside is among

Drill Rig in Alaska - Oil & Gas 360

Armstrong Oil & Gas Defies Industry Bears, Boosts Stake in Alaska with $800 Million Transaction

Repsol Sells Portion of Interest, Dials Back Development Plans Armstrong Oil & Gas, a private exploration and production company headquartered in Denver, Colorado, is backing up its optimism for hydrocarbon production in Alaska. On October 13, 2015, the company increased its stake in the Colville River Delta region on Alaska’s North Slope for total consideration of more than $800 million.

Gastar Exploration Announces Acquisition of Mid-Continent Interests and Marketing of Appalachian Basin Assets

HOUSTON, Oct. 14, 2015 /PRNewswire/ — Gastar Exploration Inc. (NYSE MKT: GST) (“Gastar” or “the Company”) today announced that it has entered into a definitive purchase and sale agreement to acquire additional working and net revenue interests in 103 gross (10.2 net) producing wells and certain undeveloped acreage in the STACK and Hunton Limestone formations in its Area of Mutual Interest