Statoil officially an Eagle Ford operator
Statoil takes over as operator of acreage in four South Texas counties in July.
View ArticleIcahn reveals stake in Canada’s Talisman Energy
Talisman Energy shares soared in extended trading after activist investor Carl Icahn tweeted that he has accumulated a nearly 6 percent stake in the Canadian oil and gas company
View ArticleTalisman sells assets to Petronas for $1.4 billion
Talisman Energy, the Canadian oil and natural gas producer being targeted by investor Carl Icahn, agreed to sell part of its Montney acreage to Malaysia’s Petroliam Nasional for C$1.5 billion ($1.4...
View ArticleIcahn targets Talisman, boosts Chesapeake stake
Regulatory filings show billionaire corporate raider Carl Icahn now owns 10 percent of Chesapeake Energy.
View ArticleMoody’s: Many US energy companies on investors’ hit list
Activist investors are getting impatient with oil producers who have redirected large investments from U.S. shale gas to liquid plays, building out projects that often take years to become profitable,...
View ArticleRepsol agrees to buy Canada’s Talisman for $8.3 billion
Repsol has been seeking to spend about $10 billion on takeovers since receiving compensation in May from Argentina for the 2012 nationalization of YPF SA.
View ArticleRepsol profit triples as refining counterbalances oil drop
Oil’s drop of almost 50 percent over the past six months pushed companies from Total SA and Royal Dutch Shell Plc to BP Group Plc and Statoil ASA to announce investment cuts in the past month.
View ArticleRepsol’s CEO courts skeptical investors after $13 billion deal
Based on analysts’ target prices, Repsol is expected to underperform the 18-member Bloomberg Intelligence Global Integrated Oil Index. That’s despite it being only one of five companies where profits...
View ArticleRepsol earnings miss estimates after crude oil prices tumble
Repsol is among international oil producers to suffer from a 40 percent decline in the price of Brent crude over the past year.
View ArticleTexas couple sue Talisman Energy over Eagle Ford production volumes
Oil and gas royalty owners with interests in the Texas Eagle Ford Shale have sued Talisman Energy USA, alleging the energy company manipulated oil and gas production volumes by as much as 30 percent...
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