Tuesday, August 13, 2024
ProPetro acquires Aqua Prop, an innovative wet sand solutions provider- oil and gas 360

ProPetro acquires Aqua Prop, an innovative wet sand solutions provider

Oil and Gas 360 MIDLAND, Texas–(BUSINESS WIRE)– ProPetro Holding Corp. (“ProPetro” or the “Company”) (NYSE: PUMP) today announced the acquisition of Aqua Prop LLC (“Aqua Prop”), an innovative provider of cost-effective wet sand solutions. The all cash acquisition, initially valued at $35.6 million, net of working capital, advances ProPetro’s commitment to delivering more integrated and industrial solutions while adding value

HighPeak Energy, Inc. and Priority Power announce commissioning of WildHorse Solar Farm- oil and gas 360

HighPeak Energy, Inc. and Priority Power announce commissioning of WildHorse Solar Farm

Oil and Gas 360 FORT WORTH, Texas and MIDLAND, Texas, May 30, 2024 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or “HPK”) (NASDAQ: HPK), a leading independent oil and natural gas company, has recently completed and commissioned a new solar facility, the WildHorse Solar Farm, in its Flat Top operating area. The WildHorse Solar Farm was developed and is owned

Surge Energy Inc. announces non-core asset sales; commencement of Phase 2 return of capital framework; normal course issuer bid; base dividend increase; sparky crude oil discovery; and updated 2024 guidance- oil and gas 360

Surge Energy Inc. announces non-core asset sales; commencement of Phase 2 return of capital framework; normal course issuer bid; base dividend increase; sparky crude oil discovery; and updated 2024 guidance

Oil and Gas 360 CALGARY, AB, May 29, 2024 /CNW/ – Surge Energy Inc. (“Surge” or the “Company”) (TSX: SGY) is pleased to announce a number of recent positive operational and financial developments, including: the sale of certain non-core assets, achievement of Management’s Phase 2 net debt1 target, an anticipated increase to Surge’s base dividend, the intention to institute a normal course issuer

ConocoPhillips to acquire Marathon Oil Corporation in all-stock transaction; provides shareholder distribution update- oil and gas 360

ConocoPhillips to acquire Marathon Oil Corporation in all-stock transaction; provides shareholder distribution update

Oil and Gas 360 MAY 29, 2024 Download .PDF Acquisition of Marathon Oil Corporation is expected to be immediately accretive to earnings, cash flows and return of capital per share. ConocoPhillips expects to achieve at least $500 million of run rate cost and capital savings within the first full year following the closing of the transaction. Independent of the transaction,

SilverBow Resources shareholders re-elect all SilverBow director nominees at 2024 annual meeting of shareholders- oil and gas 360

SilverBow Resources shareholders re-elect all SilverBow director nominees at 2024 annual meeting of shareholders

Oil and Gas 360 05/29/2024 HOUSTON–(BUSINESS WIRE)– SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today announced that SilverBow shareholders have voted to re-elect all three of the Company’s director nominees – Gabriel L. Ellisor, Kathleen McAllister and Charles W. Wampler, based on the preliminary vote count provided by its proxy solicitor following the Company’s 2024 Annual Meeting of

Chevron shareholders re-elect all directors, CEO confident on Hess deal- oil and gas 360

Chevron shareholders re-elect all directors, CEO confident on Hess deal

Yahoo Finance Publisher’s Note: Chevron CEO Mike Wirth will be the lunch keynote speaker on Tuesday at EnerCom Denver—The Energy Investment Conference on August 18-21, 2024. Register to attend. Chevron shareholders on Wednesday re-elected all its 12 board directors, in a sign of support for the oil major at a time when it is caught in the regulatory crosshairs over

Pioneer’s Scott Sheffield fires back at FTC allegations following $60 billion ExxonMobil deal- oil and gas 360

Pioneer’s Scott Sheffield fires back at FTC allegations following $60 billion ExxonMobil deal

World Oil (Bloomberg) – Former Pioneer Natural Resources Co. Chief Executive Officer Scott Sheffield says federal regulators mischaracterized facts and wrongly vilified him in saying he tried to collude with OPEC to prop up crude prices, Fig. 1. Sheffield, a key figure in the rise of the U.S. shale industry, filed a request Tuesday with the Federal Trade Commission asking the agency to

World’s top sovereign wealth fund seeks more climate disclosure from Shell- oil and gas 360

World’s top sovereign wealth fund seeks more climate disclosure from Shell

Oil Price Norway’s $1.66-trillion sovereign wealth fund, the world’s biggest, is encouraging UK-based supermajor Shell to shed more light on its eased climate targets. The fund, which is commonly referred to as ‘Norway’s oil fund’ because it was created with oil and gas revenues, is a shareholder in many large companies in the world, including Big Oil, and has the

TotalEnergies considers moving stock listing to New York over favorable oil and gas views in U.S.- oil and gas 360

TotalEnergies considers moving stock listing to New York over favorable oil and gas views in U.S.

World Oil (Bloomberg) – TotalEnergies SE is increasingly making noise about moving its stock listing to New York, adding to chatter around European giants potentially being attracted by U.S. investors’ greater enthusiasm for oil and gas companies. The French energy giant is considering the switch “in part because ESG policies in Europe have more weight,” Chief Executive Officer Patrick Pouyanne

SilverBow Resources sends letter to shareholders highlighting path forward for value creation- oil and gas 360

SilverBow Resources sends letter to shareholders highlighting path forward for value creation

Oil and Gas 360 04/22/2024 SilverBow Resources Provides Company Perspective on Kimmeridge’s Significant Overvaluation of KTG and Massively Dilutive Proposal Believes Kimmeridge Efforts to Gain Control Through Proxy Fight Is Another Path to Forcing a Value Destructive Combination With KTG to “Bail Out” Kimmeridge Sends Letter Urging Shareholders Vote “FOR” ALL of SilverBow’s Highly Qualified Directors on the WHITE Proxy

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