Stronghold Energy II Holdings, a newly formed oil and gas exploration-production company, on Friday announced it’s received a line of equity financing of up to $150 million from funds affiliated with private equity firm Warburg Pincus.
Shareholders of Breitburn Energy Partners on Thursday initiated a last-chance legal effort Thursday to prevent the bankrupt oil producer from eliminating their investment and leaving them a huge tax bill.
Houston-based Apache Corp. on Tuesday reported that 2017 production is expected to be at the high end of the company’s guidance range of 218,000 to 224,000 barrels of oil equivalent per day, Kallanish Energy reports.
Denver-based Liberty Oilfield Services, which provides hydraulic fracturing services to oil and gas companies, said last week it’s resumed working on an initial public offering, 50% smaller than its initial foray.
Stallion Oilfield Services announced last week it has completed its acquisition of substantially all of the assets of Basin Wastewater Solutions, a provider of rig site potable water and wastewater recycling services.
Texas-based Andeavor announced that it has agreed to acquire 100% of the equity of Rangeland Energy II LLC and its assets in the Permian Basin in West Texas and New Mexico, Kallanish Energy reports.
Houston-based Enterprise Products Partners has announced that it will enlarge its cryogenic natural gas-processing plant that is under construction in the Permian Basin in West Texas, Kallanish Energy reports.