| Concho Resources Inc. Acquires Permian Basin Properties (Business Wire) MIDLAND, Texas----Concho Resources Inc. today announced that it has entered into a definitive agreement with multiple private sellers to acquire interests in certain producing and non-producing assets in the Wolfberry trend in the Permian Basin for $225 million in cash, subject to usual and customary closing adjustments. us.rd.yahoo.com |
Roper Industries shares up after added to S&P 500 (AP) Shares of industrial equipment maker Roper Industries Inc. rose Wednesday after Standard & Poor's said it will add the company to the S&P 500 index next week. us.rd.yahoo.com |
Two Ways To Play: Crude Oil Inventories Expected to Decline (at Minyanville.com) Strengthen your portfolio in good times and bad. us.rd.yahoo.com |
China North East Petroleum Holdings Ltd. Repays 8% Secured Debenture (PR Newswire) China North East Petroleum Holdings Limited , a leading independent oil producing and oilfield services company in Northern China, today announced that it has repaid in full its 8% Secured Debenture plus accrued interest to Lotusbox Investments Limited Investor . us.rd.yahoo.com |
Gas prices, demand fall The price of crude oil slid last week and is expected to continue to fall through the end of the month. In the meantime, inventories of gasoline rose more than 3 million barrels last week, while fuel consumption in the U.S. fell by 1.8 percent. bizjournals.com |