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KKR prepares more Samson asset sales as oil prices plunge

KKR & Co (KKR.N), which led the acquisition of oil and gas producer Samson Resources Corp for $7.2 billion in 2011 and has already sold almost half its acreage to cope with lower energy prices, plans to sell its North Dakota Bakken oil deposit worth less than $500 million as part of an ongoing downsizing plan, according to people familiar with the matter.


Former EXO member, Kris' (Wu Yi Fan) Instagram allegedly hacked and deleted

Fans of former EXO member Kris (Wu Yi Fan)’s Instagram program only displayed "page cannot be displayed." A friend of the singer later on revealed that his account was actually hacked and deleted.

EXO Updates: EXO shows support for D.O’s movie ‘Cart;’ Chanyeol apologizes for a mistake during ‘Inkigayo’ live broadcast; EXO tails closely behind Super Junior on MAMA 2014’s Best Male Group category

EXO released a video message with the member showing their support for D.O’s movie 'Cart.' Chanyeol, took to Instagram to apologize for handing the bouquet to the wrong person on "Inkigayo" live broadcast. The megagroup meanwhile tails closely behind Super Junior on MAMA 2014’s Best Male Group category.

'Downton Abbey' Season 5 Updates: A Wedding, Jail, a Shady Past and the 2014 Christmas Special

'Downton Abbey' Season 5 is keeping fans excited with all the intrigue and mystery of the current storyline. And the most anticipated episode of all is the Christmas Special to be aired this December.


Latest News

The number of French speakers across the world grew 25 percent since 2010, the International Organisation of La Francophonie (OIF) said in a report published on Wednesday, a potential boost as France seeks growth from overseas opportunities.
The euro zone economy is at risk of slipping into a self-fulfilling loss of growth momentum, European Central Bank Executive Board member Benoit Coeure said on Sunday, underlining the ECB's readiness to act if needed.
An oil field in southwest Libya has closed down, officials said on Sunday, becoming the third oil facility in the chaotic country to shut within a week.
Geely-owned Volvo Car Group said on Sunday it had begun production of its best-selling XC60 crossover at its plant in Chengdu, taking a further step toward supplying locally-produced cars in China as well as opening the door to overseas exports.
The Bank of Japan Governor not only surprised the markets with his latest splurge of monetary easing. He sprang it on his own board members just two days earlier, jolted into action to stop them making a low-ball forecast that might have sunk his flagship inflation target.
China Express Airlines has placed a firm order for 16 CRJ900 NextGen regional jets from Bombardier Inc (BBDb.TO), the Canadian firm said in a statement late on Sunday.
2NE1 has been at the ccontroversies lately, with rumors claiming that group will be disbanding. Despite previous announcement that they will be temporarily abstaining from events, the group recently performed in an event in Sanghai. Meanwhile, Dara shares a photo of her crying in Instagram.
U.S. media giant Time Warner Inc (TWX.N) has approached struggling Australian broadcaster Ten Network Holdings Ltd (TEN.AX) about a A$680 million ($588 million) takeover bid, the Australian Financial Review reported on Monday.
India will push ahead with reform to a land purchase law blamed by business for slowing industrial projects, even if there is resistance to loosening the rules, Finance Minister Arun Jaitley said on Sunday.
BlackBerry, which has completed the first phase of its two-year turnaround plan, is now focused on profitability and will not spread itself thin by attempting to launch too many new devices, its chief executive said.