There are reports out of the Gulf of Mexico that another oil rig has exploded at approximately 11:00 a.m. EST.
Mariner Energy (ME), a relatively large independent oil and gas producer known for its deep water assets in the Gulf of Mexico, received a bid for purchase by Apache Corp. (APA). ...(read more
U.S. energy firm Apache Corp. (APA) has agreed to acquire Texas-based oil and natural gas explorer Mariner Energy Inc. (ME) for about $4 billion in stock, cash and debt. The...(read more