Enervest

Energy Deals of the Week

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UEFA EURO 2012 Final Draw Ceremony

Chevron has signed a $10 bin, 50-year agreement with the government of Ukraine to explore for and develop oil and gas in the Olesska field in the western part of the country. Chevron is expected to spend $350MM for exploration over two to three years. Ukraine has a strong interest in developing its domestic resources as a means of reducing… Keep reading →

 /  Published November 8, 2013 at 12:00 PM

Chesapeake Energy Raises Billions To Develop Utica Shale Gas

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Chesapeake Energy said on Thursday it plans to raise $3.4 billion by selling a share of its stake in the Utica Shale to an unidentified joint-venture partner and floating shares in a new entity that owns acreage in the field.

The Utica is believed to hold billions of barrels of oil and significant reserves of natural gas. Keep reading →

 /  Published November 3, 2011 at 5:55 PM