May 2016 Page 34 of 34 - The American Energy News

Ritchie Bros. Alberta auction sets new records as oil slump lingers

Over $240 million sold at Alberta Ritchie Bros. auction CALGARY, Alberta, May 2 (Reuters) – Ritchie Bros. Auctioneers sold more than C$240 million ($191.53 million) of equipment at its biggest ever Canadian auction over the weekend, as Alberta’s struggling oil sector continues to downsize amid a persisting crude price slump. The world’s largest industrial equipment […]

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Investment fund continues to pump equity into Lower 48 natural gas plays

Energy Financial

Fund also financed purchase of WPX’s Piceance basin assets by backing Terra Energy Partners earlier this year In a move likely to deploy capital raised for natural gas assets in its new Energy Income Fund, investment firm Kayne Anderson has committed US$106 million and US$250 million in the SCOOP and Eagle Ford plays, respectively, according

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Baker Hughes to buy back stock, debt after Halliburton deal fails

News

Baker Hughes Halliburton deal opposed by US, European antitrust regulatorst May 2 (Reuters) – Baker Hughes Inc said it planned to buy back $1.5 billion of shares and $1 billion of debt, using the breakup fee it will receive following the collapse of its proposed buyout by fellow oilfield services provider Halliburton Inc. The merger,

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EIA produces new maps of Utica Shale play

News

Structure maps provide valuable drilling information, lend insight into distribution of oil and natural gas throughout play The U.S. Energy Information Administration has produced new maps that show the structure, thickness, and geologic setting of the Utica Shale play and the location of production wells. Production of oil and natural gas from the Utica play

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May 2016

Ritchie Bros. Alberta auction sets new records as oil slump lingers

Investment fund continues to pump equity into Lower 48 natural gas plays

Baker Hughes to buy back stock, debt after Halliburton deal fails

EIA produces new maps of Utica Shale play

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