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Noncore Assets

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  1. Swift Energy to sell noncore assets for $53.5 million

    Online Articles

    Thu, 18 Aug 2011

    Swift Energy Co. has signed a purchase and sales agreement with a private oil and gas company to sell its interests in six fields in South Louisiana, two in Texas, and one in Alabama for about $53.5 million.

  2. Talisman selling noncore assets

    Online Articles

    Thu, 2 Aug 2007

    Talisman Energy Inc., Calgary, agreed to sell 16,000 boe/d of noncore North American assets to multiple, unidentified buyers for a total of $815 million.

  1. Urals Energy to divest noncore assets

    Online Articles

    Tue, 22 Apr 2008

    Urals Energy, which has its operating assets in Russia, reported plans to sell certain oil assets in Russia's Komi Republic for $93.5 million.

  2. COMPANY NEWS: Devon to divest noncore assets ; focus on N. America

    Magazine Articles

    Mon, 23 Nov 2009

    Devon Energy Corp., Oklahoma City, plans to divest its Gulf of Mexico and international assets in a move toward focusing on high-growth US and Canadian onshore assets, the company reported Nov. 16.

  3. Pogo Producing to divest noncore assets

    Online Articles

    Thu, 19 Oct 2006

    Pogo Producing Co. plans to divest nonstrategic oil and gas properties in the Gulf of Mexico, south and east Texas, south Louisiana, the Permian basin and Texas Panhandle areas, and western Canada.

  4. OXY MAPS PLAN TO TRIM DEBT, NONCORE ASSETS

    Magazine Articles

    Mon, 21 Jan 1991

    Occidental Petroleum Corp. is headed for a sweeping restructuring under Ray R. Irani, newly installed as chairman, president, and chief executive officer. Formerly president and chief operating officer, Irani was named to his new posts upon the death last month of Armand Hammer, Oxy chairman and ...

  5. Changing Assets

    Magazine Articles

    Mon, 20 Mar 2000

    coaster ride that crude oil prices have taken during the last 2 years has been the sale of noncore assets by many companies. One company's noncore assets become core assets of another. As seen in OGJ's exclusive biennial enhanced oil recovery

  6. Linn to purchase acreage from Devon for $2.3 billion

    Magazine Articles

    Mon, 7 Jul 2014

    2011). John Richels, Devon president and chief executive officer, commented, "With the sale of our remaining noncore assets , the portfolio transformation that we announced late last year is now complete." Devon has made significant changes

  7. PwC: 2Q oil and gas M&A activity strongest in 5 years

    Magazine Articles

    Mon, 11 Aug 2014

    2014). "Over the past 3 months, we continued to see companies looking to realign their portfolios and divest noncore assets , which provided opportunities for acquirers with cash and access to capital," said Doug Meier, PwC's US energy

  8. PwC: 2Q oil and gas M&A activity strongest in 5 years

    Online Articles

    Wed, 30 Jul 2014

    2014 ). “Over the past 3 months, we continued to see companies looking to realign their portfolios and divest noncore assets , which provided opportunities for acquirers with cash and access to capital,” said Doug Meier, PwC’s US energy

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