Sentences with phrase «gas assets»

Counsel to Endurance Energy Ltd., an exploration and production company focused on the acquisition and development of natural gas assets in the Western Canadian Sedimentary Basin, in its restructuring pursuant to the CCAA commenced in Calgary, Alberta.

Murphy has hired an investment bank to explore options for its stake in a Canadian oil sands project as well as its Montney natural gas assets in British Columbia.

Rogers was also part of the team, under corporate partner Ross Bentley, who acted for Cenovus Energy in its mammoth C$ 17.7 bn acquisition of natural gas assets from ConocoPhillips, notable for being the largest energy asset acquisition ever undertaken in Canada.

Shares in Perth explorer Empire Oil & Gas have surged after the company said it would buy ERM Power's Western Australian gas assets for $ 16.3 million.

They have not yet made a final investment decision on the project — the total investment for which is estimated to be about $ 40 billion, when a new natural gas pipeline and upstream gas assets are included.

Why ConocoPhillips is selling off land in the world's hottest oil play and buying Canadian gas assets

Steve Pastor, BHP's president for petroleum operations, said this week the company would consider swapping certain onshore oil and gas assets with competitors» offshore assets as part of its effort to exit U.S. shale operations.

The AGA Stock Index is market - cap weighted and adjusted for the percentage of natural gas assets on each company's balance sheet.

Mining giant BHP Billiton has flagged an impairment of up to $ US2 billion ($ A2.7 billion) in its end of financial year results against the value of its onshore gas assets in the US.

It divested its oilsands and conventional gas assets, and redeployed capital in earlier - stage resource plays.

Its domestic gas assets include the long - standing Cooper Basin venture as well as gas plants in Western Australia.

Long - term deliveries are expected to reach 120 million cubic feet per day sold on a take — or — pay basis for the duration of the production — showing the KRG can successfully develop its newly discovered gas assets in Kurdistan.

Takeover target AWE has kicked off the process to give its deal partner Mineral Resources 72 hours to match the 15 per cent higher cash proposal put forward this week by Japanese giant Mitsui amid a flurry of activity around its key gas asset.

The difference, however, is that while foreign companies mostly sold oil assets, they mainly purchased natural gas assets as an adjustment strategy to cope with the anticipated decline in oil prices and even the global oil industry.

Previous articles on this site have reported on how oil and natural gas assets located in North America are so highly valued now by investors.

I definitely don't see it as overvalued... and now the CEO is pretty darn excited about investing in natural gas assets now that everything is really cheap.

As it prepares to make way for the largest capital investment programme in its history, Enbridge chief executive Al Monaco said the company has identified C$ 10bn ($ 7.9 bn) of non-core assets it will consider selling, with at least C$ 3bn worth to be sold or monetised in 2018 — including onshore renewables and unregulated gas assets.

Given this, Queensland requires a major upgrade and expansion of its natural gas assets anyway.

• A trustee and receiver is entitled to abandon or renounce oil and gas assets encumbered with environmental obligations.

The consumer watchdog has given the green light to Woodside Petroleum's proposed purchase of oil and gas assets from US energy company Apache, after concluding it would not have a significant effect on the domestic gas market.

TransAlta is also taking steps to reduce its debt by selling its Australian gas assets to its subsidiary, TransAlta Renewables.

R.V. Bailey, CEO of Aspen, said, «Our board of directors has been actively reviewing a range of business alternatives since the divestiture of our California natural gas assets in June of last year.

Loeb recently told Third Point fund investors that shares of the oil and gas company could be 60 percent higher, and he outlined changes it could make to add value, such as spinning off its retail business or selling its Canadian natural gas assets.

But EnCana made it clear this and other B.C. natural gas assets are on the market for the right partner.

Perth - based oil and gas company Antares Energy has received a fresh $ US300 million offer from an undisclosed party for its Permian Basin oil and gas assets in Texas, less than six months after it backed out of a previous sale agreement.

The company has also had to take big losses related to write - downs of the value of its oil and gas assets, to reflect the lower prices these energy commodities are garnering on the open market.

For its 2018 projections, Franco - Nevada expects attributable royalty and stream production to total 460,000 to 490,000 GEOs (gold equivalent ounces) from its mineral assets and revenue of over $ 50 million from its growing oil and gas assets.

Sure there were some notable deals, such as Cenovus Energy Inc.'s (TSX: CVE) $ 17.7 - billion purchase of oil and gas assets from ConocoPhillips, and Canadian Natural Resources Ltd. (TSX: CNQ) US$ 8.5 - billion asset buy from Royal Dutch Shell plc, which altered the face of the oilsands industry in Canada.

In total, the LNG Canada project would represent a total investment of about $ 40 billion, when a new natural gas pipeline — Coastal GasLink — and upstream natural gas assets are included.

This week, Devon Energy (DVN.N) said it sold some shale - gas assets in Texas for $ 553 million to a buyer that Tudor Pickering Holt energy analysts identified as a private equity firm.

In addition to that, reports later in the week said that the company is in talks to partner with a leading private equity fund to buy Anadarko Petroleum's south Texas oil and gas assets in a deal that could be worth up to $ 3.5 billion.

However, Asian interest in developing investment ties with Canada is not limited to China: Companies from Japan, Korea, Malaysia and Thailand have invested capital in Canadian oil and gas assets, and other Asia - based companies are looking at investment opportunities.

Cenovus reported a fourth - quarter loss as a result of writing down its natural gas assets, necessitated by the low gas price on December 31.

It is an energy management company, which acquires and develops upstream and midstream oil and gas assets.

Takeover target Santos has struck a $ US221 million deal to sell its non-core Asian oil and gas assets to UK - based Ophir Energy.

• Hurricane Harvey slammed into the coast of Texas over the weekend, walloping the high concentration of oil and gas assets in the region.

CALGARY — ConocoPhillips Co. is selling off land in the world's hottest oil play and buying up natural gas assets in Canada amid a flurry of deals in the domestic gas sector and in emerging Canadian energy plays.

Businessman Scott Brion, the founder of Tioga Resources, a venture capital and private equity firm that invests in undeveloped oil and gas assets in the Marcellus Shale region, announced his candidacy last Thursday.

«We therefore urge the Federal Government to enunciate policies and actions that will address the lack of participation as well as imbalance in the ownership of oil and gas assets,» the document read.

In August, he closed on a deal to sell a variety of oil - and - gas assets in Ohio for $ 1.75 billion as he was pursuing the Bills purchase.

Kaigama and Ozigi said that the TUC was also opposed to the plans to sell the nation's stake in some oil and gas assets.

«The Congress is also against the proposed sale or reduction of the nation's stakes in some oil and gas assets.

The distribution follows the final settlement of the sale of Aspen's California oil and gas assets to Venoco.

In connection with preparing for and conducting the May 22, 2009 meeting of stockholders, one stockholder submitted a request that Aspen include a dissolution proposal to be considered at the same time that the stockholders were being asked to consider the sale of Aspen's oil and gas assets to Venoco, Inc..

MLPs as we know them today are primarily involved in the ownership of oil and gas assets, mostly pipelines, but they can also own things like oil refiners.

A current example of this is found in the recent Wall Street Journal article about Repsol (PINK: REPYY), the Spanish oil giant, seeking to acquire up to $ 10 billion in oil and natural gas assets in North America so as to have more secure holdings.