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General Interest 2009 P6

  • 12/15/2009 -- Mariner Energy to purchase Edge Petroleum
    Mariner Energy Inc. will purchase Edge Petroleum Corp. and subsidiaries in a deal worth $215 million.
  • 12/15/2009 -- Texas-North
    Carrizo Oil & Gas Inc., Houston, sold interests in several North Texas Barnett shale drilling units and completed wells for $15.7 million to Sumitomo Corp., which will participate in further drilling and completions in the play.
  • 12/14/2009 -- Chevron announces $21.6 billion capital budget
    Chevron Corp. announced a $21.6 billion capital and exploratory spending program for 2010, down 5% from projected 2009 spending.
  • 12/14/2009 -- MARKET WATCH: Oil continues losing streak, falls below $70/bbl
    Crude prices continued falling Dec. 11 for the eighth consecutive session on the New York market—the longest losing streak since October 2003—as the US dollar hit a 2-month high against the euro on a better-than-expected Department of Commerce report that US retail sales rose 1.3% in November, the third advance in 4 months.
  • 12/14/2009 -- COGA selects new president
    The membership of the Colorado Oil & Gas Association has selected Tisha Conoly Schuller as the group’s new president. Schuller comes to COGA from Tetra Tech, where she served as vice-president for regional operations.
  • 12/14/2009 -- ExxonMobil to boost unconventional focus by acquiring XTO
    ExxonMobil Corp. has agreed to buy XTO Energy Inc. in an all-stock deal valued at $41 billion that will be part of a strengthened focus by the energy giant on unconventional resources.
  • 12/14/2009 -- Georgia
    Range Resources Ltd., Perth, and Strait Oil & Gas have begun shooting 350 line-km of 2D seismic surveys in former Soviet Georgia.
  • 12/14/2009 -- Somalia
    Africa Oil Corp., Vancouver, BC, plans to spud an exploratory well in Somalia’s Puntland State by mid-2010.
  • 12/11/2009 -- Chevron awarded exploration license in Poland
    Poland has awarded Chevron Polska Exploration & Production a license to explore for oil and natural gas in the region around the city of Zamosc in southeastern Poland.
  • 12/11/2009 -- BP exits Caspian Pipeline Consortium, Tengizchevroil
    BP PLC has divested its interest in the Chevron Corp.-led Tengizchevroil (TCO) consortium and the Caspian Pipeline Consortium (CPC) pipeline, which carries oil between Kazakhstan and Russia, by selling its 46% stake in Lukarco to Russia’s OAO Lukoil.

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