Deals by Concho Resources target Delaware basin

Concho Resources Inc., Midland, Tex., has separately made three deals—an agreed upon acquisition, a completed acreage exchange, and an agreed upon sale—in an effort to improve its position in the southern Delaware basin. Source: News


Mubadala Petroleum, PEMEX sign MOU for Mexican energy development

Mubadala Petroleum, a wholly owned subsidiary of Mubadala Development Co., and Petroleos Mexicanos (PEMEX) have signed an memorandum of understanding to “provide the basis for discussions between the two companies and their affiliates about potential opportunities in Mexico’s energy sector.” Source: News