FourPoint Energy closes Anadarko basin deal

FourPoint Energy LLC, Denver, has closed its $385-million acquisition of all of Chesapeake Energy Corp.’s oil and gas properties in the western Anadarko basin. Source: News


Ex-Whitney executives form Array Petroleum

Former executives of Whitney Oil & Gas LLC have formed Array Petroleum LLC, a privately held oil and gas producer based in New Orleans. Source: News


MARKET WATCH: Crude oil prices drop before OPEC meeting

Crude oil prices dropped slightly on both the New York and London markets on May 31. Analysts and other market observers attributed a lull in market news to the June 2 meeting in Vienna of the Organization of Petroleum Exporting Countries. Source: News