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The latest Oil and Gas news from Oil and Gas Journal
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Ultra Petroleum Corp. has produced 1.1 bcf of natural gas equivalent in 30 days from its Warbonnet 9-23-A-1H well, which the operator successfully completed in late October on the East Flank of Wyoming’s Pinedale anticline.

Posted: December 11, 2017, 9:55 pm

AWE Ltd., Sydney, has received a rival bid to the second China Energy Reserve & Chemicals Group (CERCG) offer that was lodged on Dec. 8. The new entrant in what is becoming a bidding war for AWE is Perth-based mining and mining services group Mineral Resources Ltd. (MinRes), the company which earlier this year acquired fellow Perth firm Empire Oil & Gas NL. 

Posted: December 11, 2017, 7:09 pm

PAO Novatek, Moscow, has agreed to acquire rights to Chernichnoye gas and condensate field under development in Russia’s Tyumen Region from Oil Company Mangazeya JSC, Krasnoselkup, Russia, for undisclosed terms.


Posted: December 11, 2017, 6:20 pm

Wintershall Group and DEA Deutsche Erdoel AG are to be merged into an independent oil and gas exploration and production company operating as Wintershall DEA. BASF, Wintershall’s parent, and LetterOne, DEA’s parent, have signed a letter of intent to merge the companies to create one of Europe’s largest independent operators. 

Posted: December 11, 2017, 5:44 pm

“Spirit Energy Ltd.” is the name of the European oil and gas joint venture combining Centrica PLC’s exploration and production business with Bayerngas Norge AS. The company has begun trading as an independent oil and gas operator after receiving regulatory approvals of the transaction, first reported in July.

Posted: December 11, 2017, 4:35 pm
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