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updated Thu. September 12, 2024

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Law360, Los Angeles (September 18, 2017, 10:07 PM EDT) -- BHP Billiton on Friday urged a Delaware bankruptcy judge to force Maxus Energy to complete the $15.3 million sale of its stake in a large oil and gas well asset operated by BHP, noting that the deal has not closed despite gaining court approval months ago.
Law360, Wilmington (May 10, 2017, 8:59 PM EDT) -- Maxus Energy secured tentative approval for the $15.3 million sale of a large oil and gas well asset Wednesday, as a larger and potentially contested confirmation hearing approaches for the company's liquidating Chapter 11 plan. Judge Christopher S. Sontchi said he ...

Blackbeard West No. 1, perhaps the world's most closely watched exploration well because of its extremely deep target, fell well short of its goal and cast at least some doubt over the future of “ultra-deep” drilling for natural gas on the Gulf of Mexico's outer continental shelf. Blackbeard partner Newfield ...
Law360, Los Angeles (September 18, 2017, 10:07 PM EDT) -- BHP Billiton on Friday urged a Delaware bankruptcy judge to force Maxus Energy to complete the ...
Law360, Wilmington (May 10, 2017, 8:59 PM EDT) -- Maxus Energy secured tentative approval for the $15.3 million sale of a large oil and gas well asset ...

Blackbeard West No. 1, perhaps the world's most closely watched exploration well because of its extremely deep target, fell well short of its goal ...
The Bureau of Ocean Energy Management (BOEM) reports that its recent Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts ...

Blackbeard West No. 1, perhaps the world's most closely watched exploration well because of its extremely deep target, fell well short of its goal ...
Three companies participated in 24 bids. BHP Billiton Petroleum (Deepwater) Inc. submitted 12 high bids totaling $9,999,760.
29 it had initiated the emergency transportation activity to continue the flow of offshore deepwater gas produced in association with oil by Chevron U.S.
Shell Offshore placed the largest total amount of high bids with its 12 high bids coming in at a combined $24,933,488. BHP Billiton Petroleum (Deepwater) was the second overall highest bidder of the day, bidding a combined $18,597,504 with four high bids.


 

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