Strategic Acquisitions of Liquids-Weighted Assets in Western Eagle Ford
M eaningfully Increases Size and Scale
Overlapping, Contiguous Acreage Positions Drive Compelling Industrial Logic
A ccretive to Key Financial & Operational Metrics
HOUSTON–(BUSINESS WIRE)– SilverBow Resources, Inc.
Enverus, an energy data analytics and SaaS technology company, is releasing its summary of Q1 2022 M&A activity. As the M&A market marched into the new year, $14 billion in deals were announced during the first quarter of …
(Bloomberg) — Some oil and gas dealmakers are hitting the pause button as prices whipsaw following the ban on Russian oil imports. Companies are concerned about overpaying for assets while focused on cutting debt and rewarding shareholders.
For …
(Bloomberg) — Exxon Mobil Corp. is considering a sale of assets in North Dakota’s Bakken shale after being approached by interested parties, according to people with knowledge of the matter.
The oil giant could get about $5 billion …
Publisher’s Note: Nick Dell’Osso, President & Chief Executive Officer of Chesapeake Energy Corporation will be a Keynote speaker at EnerCom Dallas-The Energy Investment & ESG Conference on April 6-7, 2022.
OKLAHOMA CITY, March 9, 2022…
Publisher’s Note: EnerCom recently launched the new website for Cureton Midstream.
DENVER, Feb. 2, 2022 /PRNewswire/ — Cureton Midstream, LLC, a growth oriented, Denver-based midstream company focused on developing and operating gas gathering and …
Private U.S. oil and gas producer Hannathon Petroleum LLC has retained an investment bank to sell around 18,000 net acres in the Northern Midland basin of Texas, according to marketing documents seen by Reuters.
The assets could be valued …
THE WOODLANDS, Texas, Jan. 31, 2022 /PRNewswire/ — Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) today announced that it has entered into an agreement (the “Agreement”) to acquire the assets of privately held Bighorn Permian Resources,
(Bloomberg) –Chesapeake Energy Corp. is in advanced talks to acquire privately owned natural gas producer Chief Oil & Gas Inc. for about $2.4 billion including debt, Reuters reported, citing people familiar with the matter.
A deal could be …
MILAN – U.S. investment firm Sixth Street Partners has emerged as the leading bidder for the power generation unit of Italian energy group Eni and is in advanced talks to buy a minority stake in the business, three sources …
MEXICO CITY, Jan 13 – Mexican state oil company Petroleos Mexicanos will take control of the Deer Park refinery in Houston, Texas on Jan. 20, three sources with knowledge of the matter said on Thursday.
Royal Dutch Shell RDSa.L…
OSLO – TGS, a global provider of energy data and intelligence, in a strategic collaboration with WesternGeco, the geophysical services product line of Schlumberger, announced the continuation of their ultra-long offset ocean-bottom node (OBN) acquisition in Green Canyon, …
Shell New Energies US, a subsidiary of Royal Dutch Shell, has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquarie’s Green Investment Group. …
ConocoPhillips (NYSE: COP) today announced that it has completed its acquisition of She…
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HOUSTON – A national security review has delayed the sale of Royal Dutch Shell’s controlling interest in a Texas refinery to Mexico’s national oil company Petroleos Mexicanos (Pemex), Shell said on Tuesday.
Shell in May disclosed a sale of …
HOUSTON, Nov. 22, 2021 /PRNewswire/ — Goodrich Petroleum Corporation (NYSE American: GDP) (“Goodrich” or the “Company”) today announced that it has entered into a definitive merger agreement pursuant to which a subsidiary
SPRING, TX – Southwestern Energy Company announced that it has entered into a definitive agreement with the third largest private Haynesville producer – GEP Haynesville, LLC under which it will acquire GEP for approximately $1.85 billion.
The …
KLAHOMA CITY, Nov. 1, 2021 /PRNewswire/ — Chesapeake Energy Corporation (NASDAQ:CHK) today announced it has completed its previously announced acquisition of Vine Energy Inc. (NYSE: VEI). The transaction was approved by Vine stockholders at a …
Phillips 66 said on Wednesday it will buy the remaining units of Phillips 66 Partners it does not already own for $3.4 billion, as the refiner aims to simplify its governance and corporate structure.
Phillips 66 Partners was formed …
Oil and gas pipeline operator Crestwood Equity (NYSE:) Partners LP will buy Oasis Petroleum (NASDAQ:) Inc’s midstream unit in a $1.8 billion deal to expand its footprint in U.S. shale basins.
The cash-and-stock deal comes as oil and …
NEW YORK/WASHINGTON – U.S. antitrust regulators have extended the approval process for at least five oil and gas mergers and acquisitions in the last three months, as President Joe Biden’s administration scrutinizes deals in a bid to tackle soaring …
Royal Dutch Shell said on Monday it would sell its Permian Basin assets to ConocoPhillips for $9.5 billion in cash, an exit from the largest U.S. oilfield for the energy major shifting its focus to the clean energy …
NEW YORK – Influential proxy advisory firm Institutional Shareholder Services (ISS) has cautiously recommended that shareholders of Cimarex Energy Co XEC.N vote for its proposed merger with Cabot Oil & Gas Corp COG.N, according to a statement seen …
INDIANAPOLIS & WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–Novus Capital Corporation II (NYSE: NXU, NXU.U, NXU WS) (“Novus”), a U.S. publicly-traded special purpose acquisition company, and Energy Vault, Inc., the company creating gravity-based, grid-scale energy storage solutions with its proprietary …
(Bloomberg) –The Federal Trade Commission is examining ways to crack down on mergers in the oil and gas industry and investigate whether gas station franchises are driving up gas prices as part of a Biden administration effort to …
Billionaire oilman Dan Wilks increased his stake in NexTier Oilfield Solutions, according to a regulatory filing on Thursday, his latest purchase in the hard-hit oilfield services industry.
Oilfield equipment and service companies were among the worst performing sector of …
Chesapeake Energy Corp said on Wednesday it would buy Haynesville basin-focused rival Vine Energy Inc for $615 million, betting on the shale field’s proximity to the U.S. Gulf Coast export hub.
Dealmaking in the oil and gas sector has …
HOUSTON –With more consolidation brewing in the largest U.S. oil patch, the boss of one of the largest independent shale producers says he’s not interested, and warned that investors are still skittish about deals.
“There’s no more reason …
HOUSTON (Bloomberg) –Callon Petroleum Co. failed to win over investors Wednesday after announcing its biggest-ever acquisition to bulk up in America’s most prolific shale patch.
The Houston-based oil explorer agreed to buy closely held Primexx Energy Partners Ltd. …
