Canadian midstream energy company Gibson Energy plans to divest its Canadian Truck Transportation business. The trucks transport crude oil, liquids and dry bulk products across Canada.
Gibson Energy plans to use the sale proceeds to reinvest into its core infrastructure business.
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The deal is expected to be completed by mid-2019.
US-based oil and gas exploration and production company Abraxas Petroleum has agreed to acquire oil and gas acreage located in Winkler County in the Delaware Basin, Texas, US, for $14.2m.
The acreage includes more than 900 acres and two operated and non-operated fields.
The transaction will strengthen Abraxas Petroleum’s oil and gas acreage base in Texas.
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By GlobalDataBlue Ridge Mountain Resources has signed an agreement to divest 40% of non-operated working interest in its undeveloped leasehold acreage covering 21,000 acres in Monroe and Washington counties in Ohio, US, for $56m.
The US-based oil and gas exploration and production company plans to use the funds from the sale to finance its ongoing two-rig development programme, as well as strengthen its acreage base in south-eastern Ohio.
The deal is expected to be completed in April 2018.
Indigo Natural Resources plans to issue senior unsecured notes due 2026 in a private placement to raise $650m.
Based in the US, Indigo is an independent natural gas liquids company.
US-based oil and gas company Parsley Energy has sold part of its non-operated oil and gas assets located in Texas, US, for $57m.
The assets, located in the counties of Martin, Howard, Reagan, Irion, Dawson and Pecos, cover 63,000 acres.
