Acquisitions and Divestitures (A&D)

Chevron U.S.A. Inc. and Union Oil Company of California has retained EnergyNet Indigo as exclusive transaction and technical advisor for an acquisition opportunity located in Van Zandt County, Texas

Chevron U.S.A. Inc. and Union Oil Company of California has retained EnergyNet Indigo as exclusive transaction and technical advisor for an acquisition opportunity located in Van Zandt County, Texas

 

Chevron U.S.A. Inc. and Union Oil Company of California has retained EnergyNet Indigo as exclusive transaction and technical advisor to facilitate the sale of its Operations, Non-Operated WI, HBP Leasehold & Mineral Fee Van Field Opportunity Asset Acquisition Opportunity
EnergyNet has been retained by Mainline Midstream LLC to offer for sale their ~1,100 Miles of Pipeline Interest

EnergyNet has been retained by Mainline Midstream LLC to offer for sale their ~1,100 Miles of Pipeline Interest

Various Counties, Oklahoma

EnergyNet has been retained by Mainline Midstream LLC to offer for sale their ~1,100 Miles of Pipeline Interest located in Various Counties, Oklahoma.


Opportunity Highlights:

  • Approximately 1,100 Miles of Inactive Gathering Pipeline Ranging From 2″ to
EnerVest Energy Institutional Fund XII-WIB, L.P. et al

EnerVest Energy Institutional Fund XII-WIB, L.P. et al

Various Counties in Ohio and Pennsylvania

EnergyNet has been retained by EnerVest Energy Institutional Fund XII-WIB, L.P. et al to offer for sale their Leasehold and Mineral Acreage plus 18 Well Package (Non-Operated WI and ORRI) located in Various Counties

Ridgewood Infrastructure and Savage Joint Venture Acquire Carolina Marine Terminal

EnergyNet has been retained by Mainline Midstream LLC to offer for sale their ~1,100 Miles of Pipeline Interest located in Various Counties, Oklahoma.

Source: EQT

EQT Announces closing of asset sale and strategic volume curtailment

360 News Wire


PITTSBURGH, May 26, 2020 /PRNewswire/ — EQT Corporation (NYSE: EQT) today announced that it has closed a transaction to sell certain non-strategic assets and implemented a strategic volume curtailment program.

Asset Sale:
EQT has closed a transaction …

Merit Management Partners IV, L.P., et al

Merit Management Partners IV, L.P., et al

Dewey, Ellis, Roger Mills and Woodward Counties, Oklahoma

EnergyNet has been retained by Merit Management Partners IV, L.P., et al to offer for sale their 190 Well Package (Operations, Non-Operated WI & ORRI) plus Development Potential on HBP Leasehold Acreage

Victerra Energy, LLC et al

Victerra Energy, LLC et al

Permian Basin/Wolfcamp Shale Opportunity

10 Well Package (Operations) and 3-SWD Wells plus Leasehold Acreage (7,651.62 Net Acres)

Reeves County, Texas


Opportunity Highlights:

  • 100.00% to 62.50% WI / 75.21% to 73.01% NRI in 13 Wells
  • 6-Month Average Net Production: 8,270
EnerVest Energy Institutional Co-Investment XII-1A, L.P.

EnerVest Energy Institutional Co-Investment XII-1A, L.P.

Denton, Henderson, Hood, Johnson, Montague, Parker, Tarrant and Wise Counties, Texas

EnergyNet has been retained by EnerVest Energy Institutional Co-Investment XII-1A, L.P. to offer for sale their 593 Well Package (Non-Operated WI, ORRI and RI) plus ~1,800.00 Net Leasehold Acres

Cimarron Energy acquires Aereon

Cimarron Energy acquires Aereon

MRT


With the spotlight continuing to shine on natural gas flaring and emissions, a global emissions control business is utilizing consolidation to boost its footprint. And that will benefit its Midland facility.

Cimarron Energy, which last year acquired Midland’s Hy-Bon …

Apergy to Host Fireside Chat Conference Call

Apergy to Host Fireside Chat Conference Call

Apergy to Host Fireside Chat Conference Call

Lotus and Centrica Agree Partnership to Redesign Electric Vehicle Ownership

Lotus and Centrica Agree Partnership to Redesign Electric Vehicle Ownership

LONDONMay 11, 2020 /PRNewswire/ — Centrica plc, the parent company of British Gas, and British motor manufacturer Lotus are working together to develop a new model for electric vehicle ownership that fully integrates future mobility and energy.

Talos Energy Announces First Quarter 2020 Financial And Operational Results As Well As Updated 2020 Guidance

Talos Energy Announces First Quarter 2020 Financial And Operational Results As Well As Updated 2020 Guidance

HOUSTONMay 7, 2020 /PRNewswire/ — Talos Energy Inc. (“Talos,” or the “Company”) (NYSE: TALO) today announced its financial and operational results for the first quarter of 2020, provided an operations update and updated its 2020 guidance.

EnergyNet has been retained by XTO Energy Inc., an ExxonMobil Subsidiary, as the exclusive advisor to assist with the transaction of certain oil and gas properties

EnergyNet has been retained by XTO Energy Inc., an ExxonMobil Subsidiary, as the exclusive advisor to assist with the transaction of certain oil and gas properties

EnergyNet has been retained by XTO Energy Inc., an ExxonMobil Subsidiary, as the exclusive advisor to assist with the transaction of certain oil and gas properties located in Brazos, Burleson, Fayette, Grimes, Lee and Washington Counties Texas. This is …

Shell Sells U.S. Appalachia Assets to National Fuel

Shell Sells U.S. Appalachia Assets to National Fuel

The consideration is intended to be paid in cash, but National Fuel has the option to provide up to $150 million of NFG common stock as consideration. The transaction is part of divesting non-core assets and in line with Shell’s …

Pure Acquisition Corp. Announces Business Combination Transaction

Pure Acquisition Corp. Announces Business Combination Transaction

FORT WORTH, Texas, May 04, 2020 (GLOBE NEWSWIRE) — Pure Acquisition Corp. (“Pure”) (NASDAQ: PACQ, PACQU, PACQW), an oil and gas exploration and production focused special purpose acquisition entity, today announced that it has entered into a Business Combination Agreement …

EnergyNet Indigo – SCOOP / STACK Opportunity 308 Well Package (ORRI, RI and Non-Operated WI) plus Leasehold and Minerals

EnergyNet Indigo – SCOOP / STACK Opportunity 308 Well Package (ORRI, RI and Non-Operated WI) plus Leasehold and Minerals

SCOOP / STACK Opportunity
308 Well Package (ORRI, RI and Non-Operated WI) plus Leasehold and Minerals
Blaine, Canadian, Grady, Kingfisher and McClain Counties, Oklahoma
Undisclosed Seller
Opportunity Highlights:

  • 11,756.28 Net ORRI Acres
  • 1,230.39 Net Mineral Acres
  • 646.14 Net Leasehold Acres
EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their 8 Well Package (Producing MI/RI) located in Burleson County, Texas

EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their 8 Well Package (Producing MI/RI) located in Burleson County, Texas

Caddo Minerals Inc.

Burleson County, Texas

EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their 8 Well Package (Producing MI/RI) located in Burleson County, Texas.

Opportunity Highlights:

  • Royalty Interest (Producing Minerals) in 8 Producing Wells:
EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their Eagle Ford Shale Opportunity 6 Well Package

EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their Eagle Ford Shale Opportunity 6 Well Package

Caddo Minerals Inc.

Eagle Ford Shale Opportunity

6 Well Package (Producing MI/RI – 163.94 NRA)

Dimmit County, Texas

Opportunity Highlights:

  • 163.94 Producing Net Royalty Acres:
    • 3.585363% to 1.4381% RI in 6 Producing Eagle Ford Hz Wells
  • Current Average 8/8ths
EnergyNet has been retained by Caddo Minerals Inc. Permian Basin Opportunity 5 Well Package (Producing MI/RI) plus 3 DUC Wells

EnergyNet has been retained by Caddo Minerals Inc. Permian Basin Opportunity 5 Well Package (Producing MI/RI) plus 3 DUC Wells

Caddo Minerals Inc.

Permian Basin Opportunity

5 Well Package (Producing MI/RI) plus 3 DUC Wells

Martin County, Texas

 Opportunity Highlights:

  • Royalty Interest (Producing Minerals) in 5 Producing Wells:
    • 1.610631% to 1.384507% RI
    • 3 Drilled Uncompleted Wells
  • Current Average 8/8ths
EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their 2 Well Package

EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their 2 Well Package

Caddo Minerals Inc.

Williams County, North Dakota

EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their 2 Well Package (Producing MI/RI – 44.00 NRA) located in Williams County, North Dakota.

Opportunity Highlights:

  • 44.00 Producing Net
EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their 8 Well Package

EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their 8 Well Package

Caddo Minerals Inc.

Burleson County, Texas

EnergyNet has been retained by Caddo Minerals Inc. to offer for sale their 8 Well Package (Producing MI/RI) located in Burleson County, Texas.

 Opportunity Highlights:

  • Royalty Interest (Producing Minerals) in 8 Producing Wells:
Exclusive 360 Energy Expert Network Video Interview: Landdox: Critical Land management your way, with the data linked to Enverus.

Exclusive 360 Energy Expert Network Video Interview: Landdox: Critical Land management your way, with the data linked to Enverus.

James Yockey, Co-founder and I were able to sit down and have a great discussion of land management in the oil and gas market. Their clients are taking the next steps into automation in the land portion of their business.

Maha Energy acquires onshore producing properties in the Illinois Basin

Maha Energy acquires onshore producing properties in the Illinois Basin

energy-pedia


Maha Energy has announced that its wholly owned subsidiary Maha Energy (US) Inc has entered into an agreement to acquire certain oil producing assets in the Illinois Basin, USA, through the purchase of all outstanding shares in Dome

Exclusive 360 Energy Expert Network Video Interview: Quorum Software – Investor demand to lower CapEx in oil and gas companies – Here is the solution

Exclusive 360 Energy Expert Network Video Interview: Quorum Software – Investor demand to lower CapEx in oil and gas companies – Here is the solution

Exclusive 360 Energy Expert Network Video Interview: EnergyNet – 2020 has started slow for A&D transaction, but a storm is on the horizon

Exclusive 360 Energy Expert Network Video Interview: EnergyNet – 2020 has started slow for A&D transaction, but a storm is on the horizon

We are joined by Chris Atherton, Chief Executive Officer and President, of EnergyNet, LLC. Blanca Andrus, CFO, EnerCom, and I have the opportunity to cover a nice conversation with Chris covering the largest technology-enabled upstream oil and gas

Apergy Announces Business and Merger Update Conference Call

Apergy Announces Business and Merger Update Conference Call

CARBO Ceramics Announces Agreement with Wilks Brothers to Acquire Business and Strengthen Financial Position

HOUSTONMarch 29, 2020 /PRNewswire/ — CARBO Ceramics Inc. (“CARBO” or “the Company”) today announced that it has reached an agreement with Wilks Brothers, LLC and Equify Financial, LLC (together, the “Wilks Brothers”) under which the Wilks Brothers will …

March 29, 2020 - 9:44 pm Acquisitions and Divestitures (A&D), Press Releases
EnergyNet has been retained by Grizzly Energy, LLC to offer for sale their 20 Well Package

EnergyNet has been retained by Grizzly Energy, LLC to offer for sale their 20 Well Package

Grizzly Energy

Grizzly Energy, LLC

Love and Marshall Counties, Oklahoma

EnergyNet has been retained by Grizzly Energy, LLC to offer for sale their 20 Well Package (Operations, RI and ORRI) plus 1,130.1739 Net Leasehold Acres located in Love and Marshall

Haynes and Boone M&A deals structured through bankruptcy panel in Dallas

Haynes and Boone M&A deals structured through bankruptcy panel in Dallas

The EnerCom team discussion about a very timely analysis of world events impacting the United States oil and gas market.

This event from Haynes and Boone was an excellent panel discussion on distressed oil and gas M&A. Panelists from Contango

SGCC Completes 49 Percent Equity Acquisition of OETC

SGCC Completes 49 Percent Equity Acquisition of OETC

MUSCAT, OmanMarch 16, 2020 /PRNewswire/ — State Grid Corporation of China (SGCC) has completed the 49% equity acquisition of Oman Electricity Transmission Company OETC together with seller Nama Group on March 11 in Muscat, Oman.