Acquisitions and Divestitures (A&D)

CNX Releases Presentation Outlining Company Investment Thesis and Capital Markets Communication Approach Following Upstream/Midstream Merger

CNX Releases Presentation Outlining Company Investment Thesis and Capital Markets Communication Approach Following Upstream/Midstream Merger

CNX Releases Presentation Outlining Company Investment Thesis and Capital Markets Communi…

Source: Reuters

Chevron Completes Acquisition of Noble Energy

Chevron Corporation (NYSE: CVX) announced today that its acquisition of Noble Energy, I…

Noble Energy Shareholders Approve Acquisition by Chevron

Image source: Noble Energy HOUSTON (Reuters) – Noble Energy shareholders on Friday …

Occidental ($OXY) sells Colombian onshore assets for $700 million in attempt to reduce debt load

Occidental ($OXY) sells Colombian onshore assets for $700 million in attempt to reduce debt load

OAG360 Publishers Notes: This is the latest attempt by Oxy to reduce its massive $30+ billion dollar debt load in the wake of the Anadarko acquisition. After paying $200 million in Q3 preferred dividends to Berkshire Hathaway, this divesture

Occidental Announces Sale of its Onshore Assets in Colombia to The Carlyle Group

Occidental Announces Sale of its Onshore Assets in Colombia to The Carlyle Group

HOUSTON, Oct. 01, 2020 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) today announced i…

NextEra Energy Reportedly Offers to Buy Duke Energy

NextEra Energy Reportedly Offers to Buy Duke Energy

The Motley Fool


Utility giant NextEra Energy (NYSE:NEE) has reportedly made a huge bid for Duke Energy (NYSE:DUK) that could shake up the utility sector if accepted, although the offer was rebuffed, according to a report …

Dominion Energy Provides Update on Closing of Gas Transmission, Storage Assets Sale and Status of Share Repurchases

Dominion Energy Provides Update on Closing of Gas Transmission, Storage Assets Sale and Status of Share Repurchases

Dominion Energy Provides Update on Closing of Gas Transmission, Storage Assets Sale and S…

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GridLiance Announces Agreement to Be Acquired by NextEra Energy Transmission

GridLiance Announces Agreement to Be Acquired by NextEra Energy Transmission PR…

U.S. Energy Corp. Announces Asset Acquisition

U.S. Energy Corp. Announces Asset Acquisition

HOUSTON, Sept. 29, 2020 (GLOBE NEWSWIRE) — U.S. Energy Corp . ( NASDAQCM : …

Source: Reuters

Devon Energy to buy shale peer WPX for $2.56 billion in Delaware push

Reuters


U.S. oil and gas producer Devon Energy Corp DVN.N said on Monday it will buy Permian basin peer WPX Energy Inc WPX.N for $2.56 billion as it looks to scale up its presence in the Delaware portion of the …

CNX Resources and CNX Midstream Partners Announce Completion of Merger

CNX Resources and CNX Midstream Partners Announce Completion of Merger PR Newsw…

September 28, 2020 - 7:27 am Acquisitions and Divestitures (A&D), Press Releases
Petrobras releases teaser for E&P assets in the Campos Basin

Petrobras releases teaser for E&P assets in the Campos Basin

energy-pedia


Petrobras informs that it has started the opportunity disclosure stage (teaser), referring to the sale of all of its stakes in the Albacora and Albacora Leste concessions, located in the deep waters of the Campos Basin. The teaser, which …

OKEA - Draugen Operator

OKEA acquires interest in Calypso prospect near Draugen in deal with Neptune Energy

energy-pedia 


OKEA has signed a Sales and Purchase Agreement (SPA) with Neptune Energy Norge for the acquisition of a 30% working interest in PL938. Effective date for the transaction is 1 January 2020. Neptune will remain as operator with …

FILE PHOTO: A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015. REUTERS/Nick Oxford

U.S. Shale Producer Devon in Talks to Acquire Peer WPX

360 News Wire


NEW YORK (Reuters) – U.S. shale producer Devon Energy Corp is in talks to acquire rival WPX Energy Inc in an all-stock transaction that would create a company worth around $6 billion, people familiar with the matter …

Brahman Resources Partners, LLC Woodford Shale Opportunity Terrell and Pecos Counties, Texas  – EnergyNet

Brahman Resources Partners, LLC Woodford Shale Opportunity Terrell and Pecos Counties, Texas – EnergyNet

Certain oil and gas properties and related assets located in the Woodford Shale (the "Properties") owned by Brahman Resource Partners, LLC (the "Seller") are being offered for sale. EnergyNet ("EN") has been retained by Brahman Resource Partners, LLC as the

Ridge Runner Resources Operating, LLC Permian Basin –- Wolfcamp A Shale Opportunity Lea County, New Mexico  – EnergyNet

Ridge Runner Resources Operating, LLC Permian Basin –- Wolfcamp A Shale Opportunity Lea County, New Mexico – EnergyNet

Certain oil and gas properties and related assets located in the Permian Basin/Wolfcamp Shale (the "Properties") owned by Ridge Runner Resources Operating, LLC (the "Seller") are being offered for sale. EnergyNet ("EN") has been retained by Ridge Runner Resources Operating,

Ridge Runner Resources Operating, LLC Permian Basin – Permian Basin – Wolfcamp D Shale Opportunity Lea County, New Mexico – EnergyNet

Ridge Runner Resources Operating, LLC Permian Basin – Permian Basin – Wolfcamp D Shale Opportunity Lea County, New Mexico – EnergyNet

Certain oil and gas properties and related assets located in the Permian Basin/Wolfcamp Shale (the "Properties") owned by Ridge Runner Resources Operating, LLC (the "Seller") are being offered for sale. EnergyNet ("EN") has been retained by Ridge Runner Resources Operating,

Ridge Runner Resources Operating, LLC Permian Basin – First Bone Spring Sand Opportunity Lea County, New Mexico – EnergyNet

Ridge Runner Resources Operating, LLC Permian Basin – First Bone Spring Sand Opportunity Lea County, New Mexico – EnergyNet

Certain oil and gas properties and related assets located in the Permian Basin/Wolfcamp Shale (the "Properties") owned by Ridge Runner Resources Operating, LLC (the "Seller") are being offered for sale. EnergyNet ("EN") has been retained by Ridge Runner Resources Operating,

Texas Energy Company Announces New Pipeline To The Texas Gulf Coast And Partnership With Calhoun Port Authority

Texas Energy Company Announces New Pipeline To The Texas Gulf Coast And Partnership With …

September 23, 2020 - 2:21 pm Acquisitions and Divestitures (A&D), Press Releases
Wheat Energy Partners, LLC – Delaware Basin Opportunity 2,034.072 Net Acres Ready to Drill Reeves County, Texas

Wheat Energy Partners, LLC – Delaware Basin Opportunity 2,034.072 Net Acres Ready to Drill Reeves County, Texas

Bids due September 30, 2020 at 4:00 pm CST -

Delaware Basin Opportunity

 

2,034.072 Net Acres Ready to Drill

 

Reeves County, Texas

Opportunity Highlights

  • 2,034.072 Net Non-Producing Leasehold Acres
    • 100.00% GWI / Delivering a 75.00% NRI on all
    Inter Pipeline Enters Agreement to Sell Majority of its European Storage Business

    Inter Pipeline Enters Agreement to Sell Majority of its European Storage Business

    Inter Pipeline Enters Agreement to Sell Majority of its European Storage Business …

    Camber Energy, Inc. and Viking Energy Group, Inc. Report Further Progress on Planned Merger

    Camber Energy, Inc. and Viking Energy Group, Inc. Report Further Progress on Planned Merger

    HOUSTON, TX / ACCESSWIRE / September 15, 2020 / Camber Energy, Inc. (NYSE American:CEI) (“Ca…

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    Enel X and Ardian Infrastructure Launch Battery Storage Partnership in Canada

    The joint venture, which currently includes ten projects for around 30 MW of capacity, is…

    Brazil: Petrobras starts binding phase for the sale of its stake in Espirito Santo Basin blocks

    Brazil: Petrobras starts binding phase for the sale of its stake in Espirito Santo Basin blocks

    Petrobas


    Perobas following up on the release dated June10, 2020, informs the beginning of the binding phase regarding the sale of a part of its interest in the exploratory blocks belonging to the concessions ES-M-596-R11, ES-M-598-R11, ES-M-671-R11, ES-M-673-R11 and …

    Source: Forbes

    Kansas City Southern rejects Blackstone’s $20B bid; Apollo, Lone Star eye Asda

    S&P


    Two private equity-backed blank-check companies filed for an IPO this week, the latest in a streak raised by the asset class.

    Technology-focused Vector Capital’s Vector Acquisition Corp. filed for an IPO of as much as $300 million, with upstream, …

    Northern Oil and Gas, Inc. Announces First Acquisition in the Delaware Basin, Operations Update

    Northern Oil and Gas, Inc. Announces First Acquisition in the Delaware Basin, Operations Update

    HIGHLIGHTS Delaware Basin acquisition includes acreage and proposed wells in Lea Coun…

    Parsley Energy, Inc.  Big Tex Opportunity Pecos County, Texas  24 producing wells

    Parsley Energy, Inc. Big Tex Opportunity Pecos County, Texas 24 producing wells

    43 Well Package (Operations) plus 11,625.18 Net Leasehold Acres

    Pecos County, Texas

    Big Tex Opportunity

    Opportunity Highlights

    • 100.00% to 87.509368% WI / 75.000001% to 68.627342% NRI
    • 24 Producing Wells

    SOL: Sasol Limited- Disposal Of Air Separation Units Business By Sasol South Africa Limited

    JOHANNESBURG , Sept. 10, 2020 /PRNewswire/ —  Sasol refers its shareholders to the …

    September 10, 2020 - 4:58 am Acquisitions and Divestitures (A&D), Press Releases
    Black Bear Transmission Closes Bolt-on Acquisition of Natural Gas Transmission Assets from Third Coast Midstream

    Black Bear Transmission Closes Bolt-on Acquisition of Natural Gas Transmission Assets from Third Coast Midstream

    Black Bear Transmission LLC (“Black Bear”) today announced that it has complete…

    Obsidian Energy Announces Intention to Launch Exchange Offer for Bonterra Energy

    Obsidian Energy Announces Intention to Launch Exchange Offer for Bonterra Energy

    Creates a Cardium Champion with enhanced scale and relevance Accretive across all equit…