Thursday, February 6, 2025
North Dakota Production

Black Ridge Oil & Gas Secures Equity Joint Venture to Develop Williston Basin

Merced Capital Targets Initial Investment of $50 Million in Its First Oil and Gas Venture On July 23, 2015, Black Ridge Oil & Gas (ticker: ANFC), a Bakken/Three Forks E&P, announced a $50 million initial target investment from Merced Capital to form an entity that will acquire and develop Williston Basin non-operated assets. Black Ridge will receive a management fee and reimbursement

Energy XXI CEO John Schiller on CNBC's Mad Money

Energy XXI’s Chairman and CEO John Schiller appeared on CNBC’s Mad Money to talk about the disconnect between WTI and Brent crude oil prices, EXXI’s joint venture with Apache to explore the Gulf of Mexico shelf, and the company’s strategy for 2013.

Equal Energy and Atlas Resource – Flexing to Drill Mississippian Light Oil Play

Equal Energy Ltd. (TSX, NYSE: EQU) signed an agreement with Atlas Resource Partners, L.P. (NYSE: ARP) to sell 50% of its interest in approximately 14,500 net undeveloped acres prospective for Mississippian light oil for total cash consideration of approximately US$18 million, or approximately $2,482 per acre. OAG360 has seen per-acre amounts paid ranging between $1,331 to $4,425 for Mississippian-aged prospective