PS - People & Companies - December 20, 2018Bakken Resources appointed Paul
J. Korus to its board as a Class II director,
effective Dec 7, 2018. Korus will also
serve on the board’s Audit Committee.BP appointed current deputy
secretary Jens Bertelsen
as company secretary,
succeeding David Jackson
who will retire at 2018 end. Mathews is
currently the Group Company Secretary
of HSBC Holdings plc and was previously
the Group Company Secretary of Rio
Tinto and, prior to that, of BG Group plc. Chevron elected...
Dec 20, 2018
What the Analysts are Saying About 'A&D' - August 08, 2018BHP Billiton (BHP; $43.63—Aug. 6) BHP Billiton Ltd. announced that it entered into agreements to sell its entire
portfolio of U.S. onshore oil and gas assets for a combined $10.8 billion. BP
agreed to buy the Permian, Eagle Ford, and Haynesville assets for $10.5 billion.
Merit Energy agreed to buy the Fayetteville assets for $300 million.
BP will pay the $10.5 billion in installments over six months from
the date of completion, with $5.25 billion of the consideration
to be raised...
Aug 08, 2018
People & Companies - July 12, 2017¦ Canada-based Africa Energy Corp. appointed Garrett Soden president and CEO. Soden previously served as CFO of Etrion Corp., CFO of PetroFalcon, and CEO of RusForest. He also served as an equity research analyst and Lehman Brothers and financial analyst at Salomon Brother. Africa Energy holds a participating 90% WI in block 2B offshore South Africa and is currently building an exploration portfolio across Africa. ¦ AGL Energy Ltd. appointed Graeme Hunt as chairman, succeeding the...
Jul 12, 2017
People & Companies - June 29, 2017Trinidad-focused LGO Energy renamed itself Columbus Energy Resources and appointed Leo Willem Koot as executive chairman. Koot replaces Neil Ritson as both chairman and CEO. Koot was president of Abu Dhabi National Energy Co. (TAQA) and was the managing director of its UK business. Statoil elected Jon Reinhardsen as its new chairman of the board. He replaces Øystein Løseth, who decided not to stand for re-election. Reinhardsen has been the CEO of Petroleum GeoServices since 2008, and...
Jun 30, 2017
Who's Hot, Who's Not - January 30, 2014Upgrades:• Athlon Energy Inc. (ATHL/$29.15/$25.25/$34.59/$2.40B) from Sell to Neutral by Compass Point.• Atlas Energy LP (ATLS/$47.32/$36.64/$55.89/$2.43B) from Neutral to Outperform by Robert W. Baird.• Baytex Energy Corp. (BTE/$36.65/$34.71/$47.47/$4.5B) from Equal Weight to Overweight by Barclays.• Bill Barrett Corp. (BBG/$27.83/$15.50/$30.69/$1.34B) from Sector Perform to Sector Outperform by Howard Weil.• Bonanza Creek Energy...
Jan 30, 2014
Who's Hot, Who's Not---As of April 11Upgrades:• BHP Billiton Ltd. (BHP/$64.50/$59.87/$80.54/$171.6B) from Neutral to Overweight by HSBC Securities.• Cabot Oil & Gas (COG/$65.90/$29.20/$71.39/$13.84B) from Neutral to Buy by Bank of America/Merrill Lynch.• Duke Energy Corp. (DUK/$74.41/$59.63/$74.64/$52.43B) from Sector Perform to Outperform by RBC Capital Markets.• FMC Technologies Inc. (FTI/$51.70/$36.89/$55.49/$12.28B) from Sector Perform to Outperform by RBC Capital Markets.• Hess...
Apr 11, 2013
People Briefs - March 06, 2018Antero Resources Corp. elected
Joyce E. McConnell to its board of
directors effective Feb. 20.
McConnell is the provost
and VP of academic affairs at
West Virginia University. Her addition to
the board returns its size to nine directors,
seven of whom are independent. Apache named Mark Meyer
SVP, energy technology strategies,
effective Mar. 1. He will oversee the
company’s energy technology strategies
team. Meyer joins Apache from Tudor,
Pickering, Holt & Co., where he serves
as a...
Mar 06, 2018
People Briefs - July 20, 2017Africa Energy Corp. appointed Garrett Soden president and CEO. Soden previously served as CFO of Etrion Corp., CFO of PetroFalcon, and CEO of RusForest. He also held positions in equity research and analysis at now defunct firms Lehman Brothers and Salomon Brothers. AGL Energy Ltd. appointed Graeme Hunt as chairman, succeeding the retiring Jerry Maycock in September. Hunt has been a director of the company since 2012. He was previously a senior executive at BHP Billiton Ltd. and served...
Jul 21, 2017
People & Companies Briefs - July 13, 2016Abraxas Petroleum announced that departure of VP of exploration Lee Billingsley, who resigned July 5 after 18 years to pursue another opportunity. The company has not yet announced a replacement. American Midstream Partners named Eric T. Kalamaras as SVP and CFO, succeeding Dan Campbell, who had been CFO since 2012 and will not be moving with the partnership when it relocates to Houston. The two will work closely over the next few months to ensure a seamless transition. Prior to joining...
Jul 13, 2016
People & Companies Briefs - April 01, 2016AWE named David Biggs as its new CEO and managing director, replacing Bruce Clement in May. Biggs is currently CEO of Cue Energy, a position he has held for the last three years. Prior to that, Biggs spent almost 20 years with BHP Billiton. Beach Energy elected former Drillsearch Energy chairman Jim McKerlie and non-executive director Phil Bainbridge to its board as non-executive directors following Beach’s purchase of Drillsearch. Bainbridge is current chairman of Sino Gas &...
Apr 01, 2016
People & Company Briefs - October 07, 2015Canacol Energy announced that Mark Holliday is retiring after serving as the company’s CFO for seven years and is being replaced by Ravi Sharma. Sharma is a reservoir engineer with 30 years of oil and gas experience in the Americas, Middle East, Russia, Australia and Africa. He was most recently head of production & operations with Afren. Prior to this, Sharma was a petroleum engineering manager for BHP Billiton Petroleum.High Arctic Energy Services Inc. announced that CFO Ken Olsen...
Oct 07, 2015
A&D News Briefs- May 29, 2015• Bill Barrett completed its exit from northeast Wyoming’s Powder River Basin during Q1, selling its remaining properties there as well as other non-core assets for $21.6 million. Following the divestment of most of its Powder River assets last September for $112 million, the company continued to hold 17,649 net acres with production of 170 boe/d in the basin. • Earthstone Energy has sold properties in North Louisiana for $3.5 million. The assets included 25 wells in Caddo and DeSoto...
May 29, 2015
People & Companies Briefs - March 04, 2015American Energy Partners hired Jennifer M. Grigsby as CFO of its American Energy-Woodford and American Energy-Minerals Holdings affiliates. Gribsy held various roles at Chesapeake from 1995 to 2014, most recently as SVP of corporate and strategic planning.Anadarko elected international gold miner MK Resources’ managing partner Mark C. McKinley as an independent director and appointed him to the board’s audit committee. Anadarko director and former BHP Billiton CEO Charles W. “Chip”...
Mar 04, 2015
People Briefs - February 24, 2015Anadarko Petroleum has elected international gold miner MK Resources’ managing partner Mark C. McKinley as an independent director and appointed him to the board’s audit committee. Anadarko director and former BHP Billiton CEO Charles W. “Chip” Goodyear will retire in May after three years on the board. Goodyear served in various leadership roles at BHP from 1999 to 2008.Chevron promoted finance shared services general manager Jeanette L. Ourada to corporate VP and comptroller,...
Feb 24, 2015
What's on the Market Briefs - June 23, 2014• Fort Worth-based Double Eagle Development retained PLS to market operated leases in the Permian Basin and Eagle Ford. On offer in West Texas is an 1,800-acre package in Crane and Ector Cos. (100% WI) with a recently reduced ask price, offset by Sheridan, Conoco, Citation and Henry operations (PLS Listing No. L 1061). Also for sale are 560 net acres (680 gross) in south-central Sterling Co. (DV 2092L). The South Texas lease covers 202 acres (100% WI) in Atascosa Co. with offset activity by...
Jun 23, 2014