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Noncore Assets

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  1. ConocoPhillips closes on $5.4 billion sale of Kashagan interest

    Online Articles

    Thu, 31 Oct 2013

    agreement to Kazakhstan state oil company KazMunayGas for $5.4 billion. ConocoPhillips reaffirmed its intent to divest noncore assets as an independent exploration and production company, labeling the sale as a “milestone” in its plan. Proceeds

  2. Devon Energy to buy Eagle Ford assets for $6 billion

    Online Articles

    Wed, 20 Nov 2013

    borrowings. The company expects to repay the borrowings with free cash flow and proceeds from the monetization of noncore assets . Last month, Devon signed a definitive agreement with Crosstex Energy LP, Dallas, to combine Devon’s US midstream

  3. BlackPearl advances Onion Lake thermal EOR

    Article

    Mon, 17 Jun 2013

    first-phase capital requirements of $750-800 million, the company originally planned to use debt, sales of noncore assets , joint-venture proceeds, and possibly new equity. "Given the current soft market for oil and gas assets and

  4. Hercules Offshore agrees to sell most of its inland fleet

    Online Articles

    Mon, 20 May 2013

    officer and president, said, “The sale of our inland rigs is consistent with our ongoing efforts to rationalize noncore assets .” Based in Houston, Hercules operates a fleet of 38 jack up rigs, 13 barge rigs, and 64 lift boats.

  5. Chaparral to acquire Cabot’s Anadarko Marmaton assets

    Online Articles

    Thu, 17 Oct 2013

    of oil equivalent production for $160.1 million. Chaparral also said it engaged an investment banker to divest noncore assets in its Ark-La-Tex and Permian basin areas. The assets being acquired from Cabot have 8.4 million boe of proved

  6. NGC of Trinidad & Tobago acquires E&P assets from Total

    Online Articles

    Tue, 1 Oct 2013

    transaction has already been approved and the sale is part of its overall strategy to simplify its portfolio and divest noncore assets Total has been present in exploration and production activities in Trinidad and Tobago since 1996.

  7. BlackPearl advances Onion Lake thermal EOR

    Online Articles

    Tue, 4 Jun 2013

    first-phase capital requirements of $750-800 million, the company originally planned to use debt, sales of noncore assets , joint-venture proceeds, and possibly new equity. “Given the current soft market for oil and gas assets and

  8. Apache to divest assets worth $4 billion

    Online Articles

    Thu, 9 May 2013

    end of 2013 in what G. Steven Farris, chairman and chief executive officer, described as a program to “divest noncore assets while retaining those that drive long-term growth and generate cash from operations.” Farris announced the plan

  9. Dart Energy sells China CBM project interest

    Online Articles

    Mon, 15 Jul 2013

    Kong HuiHua Global Technology Ltd. Completion is subject to satisfying customary conditions, including obtaining the approval of various Chinese government bodies. Dart Energy plans to pursue monetizing other international noncore assets .

  10. OGJ Newsletter

    Magazine Articles

    Mon, 27 May 2013

    officer and president, said, "The sale of our inland rigs is consistent with our ongoing efforts to rationalize noncore assets ." Based in Houston, Hercules operates a fleet of 38 jack up rigs, 13 barge rigs, and 64 lift boats. Solar EOR

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