Sunday, December 22, 2024
Shell -oilandgas360

Shell Sells U.S. Appalachia Assets to National Fuel

The consideration is intended to be paid in cash, but National Fuel has the option to provide up to $150 million of NFG common stock as consideration. The transaction is part of divesting non-core assets and in line with Shell’s Shales strategy which focusses on development of higher margin, light tight oil assets.

HighPoint Resouces- oil and gas 360

HighPoint Resources Reports First Quarter 2020 Financial and Operating Results

DENVER, May 04, 2020 (GLOBE NEWSWIRE) — HighPoint Resources Corporation (“we”, “us”, the “Company” or “HighPoint”) (NYSE: HPR) today reported first quarter of 2020 financial and operating results, including total production and oil volumes above guidance, capital expenditures below guidance and a 32% reduction in bank debt.