Remove Gas Remove Probable Reserves Remove Royalty
article thumbnail

Tullow Sells Kenyan Business to Gulf Energy

Rigzone

The assets to be sold had around 36 million barrels of proven and probable reserves as of yearend 2024, according to Tullow. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! for at least $120 million in cash. for at least $120 million in cash. The sale is expected to be completed this year.

article thumbnail

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. About EOG Resources EOG Resources, Inc.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. times net debt/funds flow, which is expected to continue to further strengthen to 0.8

article thumbnail

BRAZIL POTASH GRO-NYSE THE MOST COMPELLING BUSINESS CASE IN GLOBAL RESOURCES

Oil and Gas Investments

The proven economically recoverable reserves of the mine is 69 Mt of KCl at a grade of 28.9% There is another 122 Mt of probable reserves grading 27.5%. Part of the funding for Autazes will come from a royalty agreement with Franco Nevada. There is also a 2% royalty that will be paid to the Brazilian government.