4 May 2024
US upstream players keep debt collector at bay with shale asset yard sales
Publication date: 03 May 2017
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
Twitter @GasStrategies
Editorials
Subscriptions
The US witnessed a mini-wave of shale asset sales this week with the unveiling of two unrelated deals worth a combined USD 1.8 billion and plans for a further billion-dollar divestment programme.
LINN Energy and Noble Energy each revealed on Tuesday definitive sales agreements worth, respectively, USD 582 million and USD 1.225 billion – while Devon Energy signalled its intention to offload USD 1 billion of upstream assets across its portfolio.