Wednesday, November 27, 2024

U.S. Denies TransCanada Request to Pause Keystone Review

From Reuters WASHINGTON, Nov 4 (Reuters) – The United States formally denied a request on Wednesday to pause the review of the proposed Keystone XL oil pipeline, a decision expected to lead to the project’s rejection by the Obama administration. TransCanada Corp’s request for a delay was seen by many as an attempt to avert a rejection from an increasingly

SandRidge Energy, Inc. Acquires North Park Basin Niobrara Shale Oil Assets for $190 Million in Cash

Adds 136,000 Largely Contiguous Net Acres and Multiyear Niobrara Shale Drilling Inventory in North Park Basin, Colorado Diversifies Into Proven High Quality Repeatable Oil Asset Matching SandRidge’s Operating Strengths High Quality Stacked Pay Resource Play with Over 1,300 Gross Locations Identified Derisked by 16 Existing Horizontal Producers, Expect to Add ~100 PUD Locations at Year End First Well to Spud