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US upstream news

 
 
 

Pioneer sells Eagle Ford shale acreage for US$102 million

Pioneer Natural Resources Company announced that it has signed a purchase and sale agreement with Sundance Energy, Inc. to sell approximately 10 200 net acres in the western portion of Pioneer’s Eagle Ford Shale acreage position for US$102 million, subject to normal closing adjustments.

 

Marubeni sells a portion of its shale oil & gas assets in the US

Marubeni Corporation announces that Marubeni, through its subsidiaries, has reached agreements with two independent oil and gas companies in the US to sell a part of Marubeni’s interests in the Eagle Ford shale oil & gas assets located in the state of Texas.

 
 
 
 

Sacgasco provides update on testing at the Dempsey gas well, onshore California

Empyrean Energy, the oil and gas development company with interests in China, Indonesia and the United States, has been informed by Sacgasco Limited, the operator of the Dempsey 1-15 well in the Sacramento Basin, onshore California, that preparation is underway for the testing of Zone 3 in the Dempsey 1-15 well.