Devon reports 5,100 boe/d STACK well in Oklahoma

Devon Energy Corp. expects to increase net production in its Oklahoma STACK development to more than 120,000 boe/d by yearend, bringing an estimated 25 wells online in the fourth quarter. Source: News


SandRidge acquiring Bonanza Creek Energy

SandRidge Energy Inc., Oklahoma City, will deepen its inventory of drilling locations in the Denver-Julesburg basin of Colorado under a definitive merger agreement it has entered with Bonanza Creek Energy Inc., Denver.  Source: News


MARKET WATCH: NYMEX crude prices drop more than $1/bbl

Light, sweet crude oil futures dropped more than $1/bbl on Nov. 14 in New York as did the Brent crude oil contract for February delivery in London as it settled just above $62/bbl. Source: News


PentaNova, YPF eye Llancanelo development

PentaNova Energy Corp., Vancouver, BC, has agreed to make acquisitions that will increase its working interest to 50% in Llancanelo heavy-oil field in Argentina and allow work to begin on a joint development plan with YPF SA, Buenos Aires. The agreements include a farmin for 11% from YPF, the operator. Source: News