Tag: Bakken

Denbury finalizes Bakken sale

Denbury Resources Inc. has announced the closing of the second and final phase of its Bakken sale and asset exchange with Exxon Mobil Corporation.

Marathon Oil sets for further U.S. exploration

Marathon Oil Corporation has announced a $5.2 billion capital, investment and exploration budget for 2013. About $1.9 billion, of which is targeted to the Eagle Ford shale play in Texas.

ExxonMobil acquires Denbury Bakken assets

Denbury Resources Inc. has entered into an agreement to sell its Bakken assets in North Dakota and Montana to Exxon Mobil Corporation and its wholly owned subsidiary XTO Energy Inc.

Voyager closes on USD150 million credit facility

Voyager Oil & Gas, Inc. closed on a USD150 million credit facility with Macquarie Bank Ltd. To allow Voyager to accelerate development and production growth in the Williston Basin for Bakken and Three Forks well development, production growth and acquisition in the Williston Basin, the facility will be used to retire existing debt.

Natural gas plant expansion in N. Dakota

Mustang has been awarded detailed design and procurement services by Hess Corp. for the expansion of its Tioga natural gas plant in the Bakken oil play in NW North Dakota.

Bear Tracker sniffs out gas project

Bear Tracker Energy, LLC (BTE) has signed definitive agreements with a large U.S. independent oil and natural gas exploration and production company to construct, own, operate and expand a natural gas gathering system that includes compression and other related facilities in the Bakken area of North Dakota.