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Noble Energy to divest Gulf of Mexico assets for $710 million, announces share buyback program

Noble Energy Inc. said Thursday it has reached a deal with Fieldwood Energy LLC to di.....»»

Category: topSource: marketwatchFeb 15th, 2018

Linn Energy sells off Williston assets in latest divestiture

Houston-based Linn Energy Inc. (OTCQB: LNGG) announced Oct. 23 that it has lined up a buyer for Williston Basin assets, the latest in several such deals the company announced this year.  The undisclosed buyer will purchase the properties for $285 m.....»»

Category: topSource: bizjournalsOct 23rd, 2017

Gibson Energy Reports Solid Second Quarter Results and Announces Plans to Divest U.S. Environmental Services Business

CALGARY, Alberta, Aug. 01, 2017 (GLOBE NEWSWIRE) -- Gibson Energy Inc. ("Gibsons" or the "Company"), (TSX:GEI), announces performance driven by continued growth in its crude oil infrastructure bu.....»»

Category: earningsSource: benzingaAug 1st, 2017

SM Energy announces agreements to sell additional non-core assets for $292M

See the rest of the story here. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 4th, 2018

SM Energy’s $500 million deal with new Denver oil and gas firm is done

Denver’s SM Energy Co. on Monday said it has finalized a $500 deal to sell the majority of its assets in Wyoming’s Powder River Basin to a new Denver company run by an industry veteran.  SM said it will use the money to pay down debt and other.....»»

Category: topSource: bizjournalsMar 26th, 2018

China"s Sinochem Group plans $2-bn Hong Kong IPO for various oil assets

A valuation for the energy unit was not immediately available.....»»

Category: topSource: business-standardMar 12th, 2018

Denver O&G company announces major leadership changes

Jagged Peak Energy, based in Denver and focused on the Delaware Basin in West Texas, on Monday announced several major changes in its leadership, starting with the pending retirement of Chairman, President and CEO Joe Jaggers. The company said Jaggers.....»»

Category: topSource: bizjournalsFeb 26th, 2018

Denver energy company selling Wyoming assets for $500 million

A Denver energy company said it's selling the majority of its assets in Wyoming's Powder River Basin for $500 million. SM Energy Company (NYSE: SM) said it will use proceeds from the sale to pay down debt and will now focus on its Texas oil and gas ope.....»»

Category: topSource: bizjournalsJan 10th, 2018

Noble Energy Sells 50% Stake in CONE Gathering for $305M

Noble Energy (NBL) continues to divest its non-core assets to focus more on its onshore assets .....»»

Category: personnelSource: nytJan 4th, 2018

Seasoned energy execs hope to strike black gold again with $780M in financial backing

The company leaders previously built businesses worth billions and sold large assets to energy giants. They've got a new business on their hands with major plans in the works......»»

Category: topSource: bizjournalsDec 18th, 2017

Whiting Petroleum (WLL) Expects Huge Impairment Charge in Q4

Whiting Petroleum (WLL) intends to focus on Williston Basin in 2018. Energy major Whiting Petroleum Corporation WLL expects to incur an impairment charge of $800-$900 million in the fourth quarter of 2017. The charges are connected to.....»»

Category: worldSource: nytDec 12th, 2017

Enbridge shares jump after company targets $2.3 billion asset sales

CALGARY, Alberta (Reuters) - Enbridge Inc shares jumped 6.3 percent on Thursday after North America's largest energy infrastructure company announced plans to sell C$3 billion ($2.3 billion) of non-core assets to focus on its "crown jewels.".....»»

Category: topSource: reutersNov 30th, 2017

Noble Energy Continues to Divest, Sells Assets for $340M

Noble Energy (NBL) continues to divest its non-core assets. Sells minerals and royalty package to Black Stone Minerals for $340 milli.....»»

Category: dealsSource: nytNov 28th, 2017

Weatherford (WFT) Plans to Divest Assets to Ease Debt Load


Category: topSource: redinewsNov 27th, 2017

BP to Divest Interests in Bruce Assets to Serica Energy

BP agrees to divest.....»»

Category: personnelSource: nytNov 22nd, 2017

Earthstone Divests Bakken Assets to Focus on Midland Basin

Earthstone Energy (ESTE) produced 876 barrels of oil equivalent pe.....»»

Category: worldSource: nytNov 21st, 2017

Mid-Con Energy Partners, LP Announces Third Quarter 2017 Results and $25 Million Divestiture of Southern Oklahoma Assets

TULSA, Nov. 14, 2017 (GLOBE NEWSWIRE) -- Mid-Con Energy Partners, LP (NASDAQ:MCEP) ("Mid.....»»

Category: earningsSource: benzingaNov 14th, 2017

Noble Energy (NBL) Sells Non-Core DJ Basin Portion For $680M

Noble Energy (NBL) likely to generate $680 million cash from the sale of its Non-Core DJ Basin assets and utilize the proceeds to lower debt burden. Noble Energy, Inc.  NBL announced.....»»

Category: dealsSource: nytNov 9th, 2017

MetLife beats earnings expectations and announces Brighthouse divestiture plans, but stock falls

MetLife Inc. reported third-quarter adjusted profit and sales that beat expectations, announced a new $2 billion stock repurchase program and said it would divest its rem.....»»

Category: topSource: marketwatchNov 1st, 2017

Saudi needs Aramco billions as recession slows austerity drive

DUBAI (Reuters) - Saudi Arabia's plans to sell state assets - including a stake in energy giant Saudi Aramco - are becoming even more important to its finances as a recession slows Riyadh's effort to close a budget deficit caused by low oil prices......»»

Category: topSource: reutersOct 19th, 2017