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How Canada’s oil sands transformed into one of North America’s lowest-cost plays

Oil & Gas 360º

tariffs policy and OPEC+ pumping more barrels, Canada’s oil sands industry finds itself in a position of strength. tariffs policy and OPEC+ pumping more barrels, Canada’s oil sands industry finds itself in a position of strength. shale costs up. As the global oil industry enters a downturn due to economic uncertainty related to U.S.

Oil 130
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Tullow Sells Kenyan Business to Gulf Energy

Rigzone

The assets to be sold hold about 463 million barrels of 2C resources, London-based Tullow said in a statement online. The transaction involves the sale of the shares of Tullow Kenya BV by Tullow Overseas Holdings BV to Gulf Energy’s Auron Energy E&P Ltd. for $300 million in cash, net of tax.

Energy 95
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EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%

Oil & Gas 360º

Encinos acreage improves the quality and depth of our Utica position, expanding EOGs multi-basin portfolio to more than 12 billion barrels of oil equivalent net resource. Pro forma production totals 275,000 barrels of oil equivalent per day creating a leading producer in the Utica shale play. Register to attend.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

. (“Veren”) (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. Under the terms of the Agreement, Veren shareholders will receive 1.05 common shares of Whitecap for each Veren common share held. .”