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Talisman Energy Acquires Material Position in the Liquids Rich Window of the Eagle Ford Shale Play
Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) today announced that it has reached an agreement to acquire additional properties in the Eagle Ford shale play in south Texas.

date.png11 Oct 2010 11:20 | comments.png 0 Comments | tags.png gas investing shale talisman texas upstream [ More ]

Marathon Signs Definitive Agreements With ACON Investments and TPG Capital For Sale Of Minnesota Downstream Assets
Marathon Oil Corporation (NYSE: MRO) today announced that its wholly owned subsidiary Marathon Petroleum Company LP (MPC) has entered into definitive agreements with ACON Investments, LLC (ACON) and TPG Capital, L.P. (TPG) for the sale of most of Marathon's Minnesota downstream assets. ACON and TPG formed Northern Tier Energy LLC (Northern Tier Energy) to operate the assets as a stand-alone company.

date.png11 Oct 2010 10:57 | comments.png 0 Comments | tags.png downstream investing marathon refinery usa [ More ]

TOYO Acquires Engineering Firm in Alberta, Canada
Toyo Engineering Corporation (TOYO, President and CEO: Yutaka Yamada) has acquired ASRC Energy Services Tri Ocean Engineering Ltd. (Tri Ocean) from ASRC Energy Services Inc., a subsidiary of Arctic Slope Regional Corporation (headquartered in Alaska, U.S.A).

date.png06 Oct 2010 05:41 | comments.png 0 Comments | tags.png canada deals engineering investing toyo [ More ]

Chesapeake Energy Corporation Monetizes Certain Barnett Shale Assets
Chesapeake Energy Corporation (NYSE:CHK) today announced it has monetized certain of its producing assets in the Barnett Shale. The company has sold a five-year volumetric production payment (VPP) to an affiliate of Barclays Bank PLC for proceeds of $1.15 billion. The transaction, which closed on September 30, 2010, includes approximately 390 billion cubic feet of proved reserves and approximately 280 million cubic feet per day of net production in 2011. Chesapeake has retained drilling rights on the properties below currently producing intervals and outside of existing producing wellbores.

date.png04 Oct 2010 12:43 | comments.png 0 Comments | tags.png chesapeake gas investing usa [ More ]

Total E&P Canada Ltd completes acquisition of UTS Energy Corporation
Total E&P Canada Ltd. (“Total”), a Total SA subsidiary, announced today that it has completed the acquisition of all of the outstanding shares of UTS Energy Corporation (“UTS”) with its main asset, a 20 per cent interest in the Fort Hills mining project in the Athabasca region of Alberta.

date.png04 Oct 2010 06:56 | comments.png 0 Comments | tags.png canada investing oil-sands total [ More ]

TotalErg is born
TotalErg is operational from today. In fact, the merger between ERG Petroli and Total Italia (press release dated 28 January 2010) is now effective, following the closing of the joint venture transaction between shareholders ERG (51%) and TOTAL (49%).

date.png04 Oct 2010 06:32 | comments.png 0 Comments | tags.png erg investing italy refinery total [ More ]

Patterson-UTI Energy Completes Acquisition of Pressure Pumping and Wireline Businesses from Key Energy Services
PATTERSON-UTI ENERGY, INC. (Nasdaq: PTEN) today announced that two subsidiaries of the Company, Universal Pressure Pumping, Inc. and Universal Wireline, Inc. have completed the acquisition of pressure pumping and wireline assets from subsidiaries of Key Energy Services, Inc. (NYSE: KEG) for approximately $238 million in cash.

date.png04 Oct 2010 05:54 | comments.png 0 Comments | tags.png bakken investing patterson-uti services [ More ]

GDF SUEZ becomes 100% shareholder of Gaselys
On September 30, GDF SUEZ acquired the Société Générale 49% stake in Gaselys, a joint energy trading company created by the two groups in 2001.

date.png01 Oct 2010 06:02 | comments.png 0 Comments | tags.png gdf-suez investing trading [ More ]

Nabors Successfully Completes Tender
Nabors Industries Ltd. (Nabors) (NYSE: NBR) today announced that stockholders of Superior Well Services, Inc. (Superior Well Services) (Nasdaq: SWSI) have tendered 28,457,901 shares of common stock, representing approximately 92.4 percent of Superior Well Services' outstanding common stock, in Nabors' tender offer for all such shares.

date.png28 Sep 2010 09:22 | comments.png 0 Comments | tags.png investing nabors [ More ]
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