By Tyler Losier, Energy Reporter, Oil & Gas 360 Harvest Oil & Gas sells Barnett shale assets for $72 million Harvest Oil & Gas Corporation (stock ticker: HRST), formerly EV Energy Partners L.P., has entered into a definitive agreement with an undisclosed buyer to sell all of its interests in the Barnett shale formation for $72 million. For the first
By Tyler Losier, Energy Reporter, Oil & Gas 360 Lime Rock Resources purchases 350,000 net surface acres of overriding royalty interests from Range Resources Corporation Lime Rock Resources, the E&P arm of private equity firm Lime Rock Partners, has closed on the acquisition of a non-operated overriding royalty interest (ORRI) in 350,000 net surface acres of the Marcellus shale, representing
By Tyler Losier, Energy Reporter, Oil & Gas 360 Oilfield service consolidation rolls on C&J Energy Services (stock ticker: CJ) and Keane Group, Inc. (stock ticker: FRAC) have entered into a definitive agreement to combine in an all-stock merger of equals. Upon close, the merger will create a well completion and production services company with a presence in most active
Cimarex Energy (ticker: XEC) raised its 2017 production guidance to 1.13 Bcfe per day from 1.09 Bcfe per day following the establishment of increased Q1 production. The company, which has operations based in the Mid-Continent and in the Permian basin, cited improvements in well results, a period of good weather, and a lack of significant outages all as reasons for
Gastar presents at EnerCom’s The Oil & Gas Conference® During Gastar’s breakout session, management was asked the following questions: Is there an extended cleanup period with an Oswego well as opposed to a Meramec well? What is the average IP rate for your wells? How many of the nine wells planned for drilling in the coming quarter will be in
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