A well-completion company with a large footprint in Oklahoma’s STACK and SCOOP plays has announced completion of a major repurchase of shares. The announcement came from Keane Group, Inc which wrapped up nearly $34 million of total share repurchases at an average price of $15.54 a share. The repurchase involves nearly 2.2 million common shares. …
Water is always a major concern for Oklahoma and other energy firms taking part in the quickly-moving exploration of the Permian Basin in West Texas and New Mexico, but a Houston-based company has closed on an acquisition of a significant New Mexico water supply business. It’s a move that will have an impact on the …
ExxonMobil’s large workforce in Oklahoma is now part of a company that has finished the purchase of half of Equinor’s interest in a major offshore Brazil oilfield. The BM-S-8 block offshore contains part of the 2-billion barrel pre-salt Carcara oil field. “The Carcara oil field is an excellent example of the quality resources to be …
Devon Energy’s announced a more than $3 billion sale of its ownership interests in EnLink Midstream Partners, LP and EnLink Midstream LLC to an affiliate of Global Infrastructure Partners. The price actually totaled $3.125 billion and as part of the sale agreement, Devon’s board of directors increased the size of the company’s share-repurchase authorization to …
