News & Events
Sage Energy is committed to being a thought leader in the Uinta Basin. We will post news and updates regularly as the development of the Uinta Basin progresses.
Uinta Basin Railway Gets Green Light as Supreme Court Narrows Scope of Environmental Law
By: Ben Winslow, Fox13 Salt Lake City SALT LAKE CITY — The U.S. Supreme Court has issued a ruling in a lawsuit over the Uinta Basin Railway, limiting the reach of the National Environmental Policy Act. In a unanimous ruling, the justices reversed a lower court's decision that effectively blocked...
FourPoint Resources, Quantum Capital Group and Kayne Anderson to Acquire Ovintiv Uinta Basin Assets for $2 Billion
DENVER and HOUSTON, November 14 — FourPoint Resources, LLC (“FourPoint”), together with their partners Quantum Capital Group (“Quantum”) and Kayne Anderson, announced today the signing of a purchase and sale agreement to acquire Ovintiv Inc.’s (NYSE, TSX: OVV) Uinta Basin assets for a purchase...
A Decade Hence—Supreme Court Takes on Uinta Basin Rail Plan
Oil & Gas 360 – After ten years and tens of millions of dollars, Uinta Basin oil producers are hoping to end 2024 on a positive note when the Supreme Court will review an earlier lower court ruling by the U.S. Court of Appeals finding that inadequate environmental analysis should preclude...
Uinta Basin SM Energy Acquires XCL Assets for $2.1 Billion
DENVER, Oct. 2, 2024 /PRNewswire/ — SM Energy Company (the “Company”) (NYSE: SM) announced today that it has closed the previously announced Uinta Basin acquisition of an 80% undivided interest in the oil and gas assets of XCL Resources, LLC and affiliated entities, which includes the exercise of...
Uinta Basin Study by ComboCurve
