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

Oil & Gas 360º

In contrast, a recent Dallas Federal Reserve survey of over 100 oil and gas companies in Texas, New Mexico and Louisiana found that shale oil producers need a WTI oil price of $65 per barrel on average to profitably drill. 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 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 at least $120 million in cash. for at least $120 million in cash. The assets to be sold hold about 463 million barrels of 2C resources, London-based Tullow said in a statement online.

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

(Oil & Gas 360) – Publisher’s Note: EOG Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Register to attend. HOUSTON, May 30, 2025 /PRNewswire/ EOG Resources, Inc. ( billion, inclusive of EAPs net debt. billion of debt and $2.1

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

Oil & Gas 360º

(Oil & Gas 360) Publisher’s Note: Whitecap Resources will be presenting at the 30th Anniversary EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. Under the terms of the Agreement, Veren shareholders will receive 1.05 common shares of Whitecap for each Veren common share held. .”