Sunday, December 29, 2024

Cox Oil Completes Energy XXI Acquisition

Privately held Cox Oil announced the completion of the merger between affiliates of Cox and Energy XXI Gulf Coast, Inc. (NASDAQ: EGC), following the receipt of all required regulatory approvals and the satisfaction of all conditions to the merger agreement. Under the terms of the transaction, effective October 18, 2018, Cox acquired all outstanding shares of EGC common stock for

Permian Methane Emissions Decline from 2016-2017: EPA

From NewsWest 9 Broadcasting Data was released Thursday from the United States Environmental Protection Agency that show methane emissions from oil and natural gas production in the Permian Basin declined from 2016 to 2017. From 2016 to 2017, methane emissions in the Permian Basin fell by approximately 100,000 metric tons of CO2 equivalent. The data were released this month by