Rowan companies agrees to sell land drilling division
Rowan Companies Inc. has agreed to sell its land drilling division to Ensign Energy Services Inc. subsidiary Ensign United States Drilling Inc. for $510 million in cash, plus working capital of about $30 million.
International Paper announced today that it has completed the sale of approximately 13,000 net acres of subsurface mineral rights located in the Haynesville Shale natural gas formation in northwest Louisiana to Chesapeake Energy Corporation for approximately $263 million.