Posts Tagged ‘eagle-ford’
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ZaZa agrees to sell French business to Vermilion Energy for $85.8 million

by on November 14, 2012 9:44 am GMT
ZaZa agrees to sell French business to Vermilion Energy for $85.8 millionBY SAABIRA CHAUDHURIHOUSTON -- ZaZa Energy Corp. has agreed to sell its French business to Vermilion Energy Inc. for $85.8 million, as the oil-and-gas company looks to focus on further developing its core operating acreage in Texas.Shares

Marathon Oil announces executive appointments

by on November 8, 2012 12:28 pm GMT
Marathon Oil announces executive appointmentsHOUSTON — Marathon Oil Corp. announced that its board of directors has elected Sylvia J. Kerrigan as executive vice president, general counsel and secretary, and Lance W. Robertson as vice president, Eagle Ford Production Operations. Previously, Kerrigan served as vice president, general counsel and secretary, and

Statoil eyes ‘bid for Whiting’

by on November 8, 2012 8:50 am GMT
Denver-based Whiting has hired Bank of America as its advisor on the potential bid of $65 per share, which is at a substantial premium to its $42 closing price on Wednesday, according to news website Benzinga.com.Statoil has so far refused to comment on the report.Whiting and

Marathon confirms Athabasca sale bid

by on October 24, 2012 2:44 pm GMT
Although the company has not named interested parties, Indian state-owned Oil & Natural Gas Corporation was earlier reported to be planning to approach Marathon about acquiring half of the holding.Marathon said on Wednesday it was “engaged in discussions” for a potential sale, though it said possible proceeds have