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US: Empire Petroleum completes acquisition of operated New Mexico oil and gas assets from ExxonMobil energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.
Empire Petroleum buys US oil and gas assets from ExxonMobil 19 May 2021 (Last Updated May 19th, 2021 15:26) Empire Petroleum’s subsidiary Empire New Mexico acquires ExxonMobil’s oil and gas assets in New Mexico. Share Article ExxonMobil sells oil and gas assets in New Mexico, US, to Empire Petroleum. Credit: Colton Sturgeon / Unsplash. Empire Petroleum has acquired oil and gas assets in New Mexico, US, from ExxonMobil for an undisclosed sum. The transaction involves producing oil and gas assets and related gathering assets located in Lea County, New Mexico. The acquisition has been made by Empire Petroleum’s subsidiary Empire New Mexico from ExxonMobil’s XTO Holdings. ....
Oil, gas capital raises in March: Debt deals boost total collected to $11.59B U.S. oil and gas companies covered by S&P Global Market Intelligence raised $11.59 billion in March, an increase from the $7.76 billion of capital recorded in February. Debt offerings made up the bulk of the total with $9.94 billion, while common stock deals, preferred stock offerings and private placements contributed a combined amount of $1.65 billion. Year to date, oil and gas exploration and production companies recorded the highest year-over-year boost after having raised $16.36 billion. Oil and gas refining and marketing companies have pulled in $4.99 billion, up from the $2.00 billion collected in the same year-ago period. As of March, oil and gas storage and transportation companies and integrated oil and gas companies have brought in $10.91 billion and $750 million, respectively, both of which are lower than the capital raised in the same period a year earlier. ....