Continental Resources Inc., Oklahoma City, has formed a minerals subsidiary with Franco-Nevada Corp., Toronto, to acquire additional minerals in the SCOOP and STACK plays of Oklahoma, primarily in areas operated by Continental. Source: News

Bonanza Creek Energy Inc., Denver, has agreed to and has simultaneously closed on the sale of its operations in the US Midcontinent for $117 million in cash. The buyer was undisclosed. Source: News

Crude oil prices rose on the New York and London markets Aug. 6 as the US government moved forward on the first of two highly anticipated US sanction rounds on Iran. US President Donald Trump signed an executive order Aug. 5 restoring sanctions on Iran that prevent Iran’s government from buying US dollars. The order […]

US natural gas systems clearly demonstrated their resilience during three recent major weather events, a study commissioned by the Natural Gas Council concluded. Source: News

The US Federal Energy Regulatory Commission has issued a stop-work order for the proposed Mountain Valley interstate natural gas pipeline. Opponents immediately said the Aug. 3 action was a major setback for the planned 303-mile system from West Virginia to southern Virginia, but the project’s sponsors noted on Aug. 6 the order itself indicated that […]