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South Africa launches new national petroleum company

Oil & Gas 360º

With a mandate to promote energy independence and diversification, the SANPC is expected to play an instrumental role in unlocking the countrys oil and gas resources while driving long-term and impactful economic growth.

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

Oil & Gas 360º

Crude oil therefore refers to light oil, medium oil, tight oil and condensate. Crude oil therefore refers to light oil, medium oil, tight oil and condensate. Liquids refers to crude oil and NGLs combined. NGLs refers to ethane, propane, butane and pentane combined.

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ReconAfrica announces agreement for joint exploration project in Angola adding 5.2 million acres and significant resource potential along the Damara Fold belt and Rift Basin plays

Oil & Gas 360º

(the Company or ReconAfrica) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces an agreement for a joint exploration project in Angola with the Agncia Nacional de Petrleo, Gs e Biocombustveis or National Oil, Gas and Biofuels Agency (ANPG).

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Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

Oil & Gas 360º

This transaction positions Viper to compete for capital with mid and large cap North American E&Ps; except with higher margins, minimal operating costs, and the lowest dividend breakeven in the space. Viper defines Adjusted EBITDA as net income (loss) attributable to Viper Energy, Inc.