Monday, December 15, 2025

LINN Energy Sells Oklahoma Waterflood and Texas Panhandle Properties for $122 Million

LINN Energy, Inc. (ticker: LNGG) announced that it has signed a definitive agreement to sell its Oklahoma Waterflood and Texas Panhandle properties to an undisclosed buyer for a contract price of $122 million, subject to closing adjustments. The combined properties to be sold consist of approximately 179,000 net acres in Oklahoma and Texas with third quarter net production of approximately

Strategic Oil & Gas Ltd.’s Winter Drilling Program

Strategic Oil & Gas Ltd. (ticker: SOG) and its board of directors has approved a $9 million capital program for the first half of 2018. The company’s 2018 winter drilling program will be focused on the Muskeg wells at West Marlowe. Capital spending will be directed primarily to drill, complete and tie-in two Muskeg horizontal wells. Strategic said that this

Extraction Oil & Gas Prepares to Invest $770-$840 Million 2018 CapEx

2018 capital program, production and operating expense guidance The company expects its full-year 2018 average net sales volumes to be 87-93 MBOEPD, with 42.5-45.5 MBbl/d of crude oil, which at the midpoint represents 76% total equivalent growth and 83% crude oil growth over the midpoint of the 2017 guidance ranges provided in December 2016 Drilling and completion capital expenditures for