Archive for November, 2009

SandRidge Energy has agreed to buy Permian Basin oil and gas properties from Forest Oil for $800 million. Oklahoma City-based SandRidge Energy Inc. announced Monday it will acquire the west Texas properties, which cover more than 90,000 net acres. Full story

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The stock market ended November with its best monthly performance since the summer -- even as investors worried about the strength of the holiday shopping season. Full story

HOUSTON----Helix Energy Solutions Group, Inc. new deepwater pipelay vessel, Caesar, departed the shipyard in China on November 28, and is transiting to the Gulf of Mexico where she will join the company’s subsea construction fleet. Full story

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Pipeline and energy storage company Kinder Morgan said Monday that it has named Tom Martin president of its natural gas pipeline operations as part of changes it is making in natural gas pipelines group. Full story

DALLAS----Crosstex Energy, L.P. and Crosstex Energy, Inc. announced today that William W. Davis, Executive Vice President and Chief Financial Officer, will present at the Wells Fargo Eighth Annual Pipeline and Master Limited Partnership Symposium in New York at 4:05 p.m. Full story

The South Dakota Public Utilities Commission should adopt a general policy that makes it clear energy efficiency is a priority in regulating utilities that sell natural gas in the state, commission chairman Dusty Johnson said Monday. Full story