Mergers & Acquisitions

HSB Solomon Associates LLC Acquires the Assets of EnSys Energy

HSB Solomon Associates LLC Acquires the Assets of EnSys Energy

Adds Strategic Analysis and Forecasting Capabilities to its Advisory and Benchmarking…

Source: Reuters

Chevron’s $5 billion deal for Noble ends deal drought, sets price benchmark

Reuters


Chevron Corp’s surprise $5 billion all-stock deal for oil producer Noble Energy should spell the end of this year’s deal drought, setting a price benchmark that will trigger more buys, according to mergers and acquisition bankers, lawyers and analysts.…

Chevron Announces Agreement to Acquire Noble Energy

Chevron Announces Agreement to Acquire Noble Energy

Brings high quality assets to Chevron’s global portfolio Proved reserves to…

Exclusive 360 Energy Expert Network Video Interview: Enverus  – Andrew Dittmar – M&A, Chapter 11, and decisions made with data

Exclusive 360 Energy Expert Network Video Interview: Enverus – Andrew Dittmar – M&A, Chapter 11, and decisions made with data

Got Decisions? Get Enverus

 

In this crazy world we politely call 2020, there is a pattern change in M&A, Chapter 11s, Royalties, and how investors operate. Taking the commodity price out of the picture, the balance sheet will make

bp agrees to sell its petrochemicals business to INEOS

bp agrees to sell its petrochemicals business to INEOS

360 Feed Wire


bp today announced that it has agreed to sell its global petrochemicals business to INEOS for a total consideration of $5 billion, subject to customary adjustments. The agreed sale, the next strategic step in reinventing bp, will …

OTC Markets Group Welcomes Diversified Gas & Oil PLC to OTCQX

OTC Markets Group Welcomes Diversified Gas & Oil PLC to OTCQX

NEW YORKJune 11, 2020 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Diversified Gas & Oil PLC (LSE: DGOC; OTCQX: DGAOF), an independent owner and operator …

SEACOR Marine Announces Agreement to Consolidate SEACOSCO Joint Venture

SEACOR Marine Announces Agreement to Consolidate SEACOSCO Joint Venture

HOUSTON, June 04, 2020 (GLOBE NEWSWIRE) — SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore oil and natural gas and wind farm facilities worldwide, today announced …

Source: Reuters

Tallgrass shareholders approve Blackstone-led buyout of pipeline operator

Reuters


HOUSTON – Tallgrass Energy (TGE.N) shareholders on Thursday backed a buyout by a Blackstone-led (BX.N) group that valued the U.S. oil pipeline operator at $6.3 billion, a rare case of a pre-market crash deal going …

Crashing oil prices and equity market volatility grind energy deals to a halt at less than $1B in M&A, total Q1 upstream deal value falls to historic low

Crashing oil prices and equity market volatility grind energy deals to a halt at less than $1B in M&A, total Q1 upstream deal value falls to historic low

 

ENVERUS


Austin, Texas (April 2, 2020) – Enverus, the leading oil & gas SaaS and data analytics company, has released its Q1 summary of M&A activity, which revealed a substantial collapse as oil prices plunged to 18-year lows. Only …

Malampaya with depletion compression platform and bridge; Source: Shell

Chevron closes sale of gas project in Philippines

Off Shore Energy


Philippines-based Udenna Corporation has completed the acquisition of Chevron’s interest in Service Contract 38 in the Philippines, also known as the Malampaya natural gas project.

Udenna’s subsidiary, UC Malampaya Philippines Pte Ltd., in October 2019 signed a …

MOJO Data Solutions, Inc. to Acquire New Patented Technology

MOJO Data Solutions, Inc. to Acquire New Patented Technology

CEDAR HILL, TX / ACCESSWIRE / February 20, 2020 / MOJO Data Solutions, Inc. (OTCPINK:MJDS) has plans to affiliate with TWL Water Technologies, LLC (“TWL”), which has rights to multiple patented and patent pending technologies that focus on water treatment, …

ArcLight and Rattler Form 50/50 Midstream Joint Venture

ArcLight and Rattler Form 50/50 Midstream Joint Venture

ArcLight Capital Partners and Rattler Midstream, a subsidiary of Diamondback Energy, announced today that Amarillo Midstream, an ArcLight Fund V portfolio company, and an affiliate of Rattler have entered into a 50/50 joint venture to own, operate and expand a …

Fort McKay Group of Companies continues to expand with acquisition of Birch Mountain Enterprises

Fort McKay Group of Companies continues to expand with acquisition of Birch Mountain Enterprises

Fort McKay Group of Companies continues to expand with acquisition of Birch Mountain Enterprises

Enverus and RS Energy Group Combine Forces

Enverus and RS Energy Group Combine Forces

Enverus


Enverus and RS Energy Group Combine Forces - oilandgas360SaaS innovators strengthen their advanced analytics, intelligence and technology offerings to the energy industry

 

Austin, TX (February 12, 2020) – Enverus, a leading energy SaaS and data analytics company, announces today that it has acquired RS Energy Group …

Peak Utility Services Group Acquires Riley Brothers, Inc.

Peak Utility Services Group Acquires Riley Brothers, Inc.

Peak Utility Services Group Acquires Riley Brothers, Inc.

Parsley Energy, Inc. (NYSE: PE)

Parsley Energy Completes Acquisition Of Jagged Peak Energy

Parsley Energy Completes Acquisition Of Jagged Peak Energy

Jones Energy Announces Completion of Merger with Revolution Resources

Jones Energy Announces Completion of Merger with Revolution Resources

Jones Energy Announces Completion of Merger with Revolution Resources

January 7, 2020 - 4:20 pm Mergers & Acquisitions, Natural Gas News, Press Releases
London Markets: Premier Oil surges after snapping up assets of BP and Dana

London Markets: Premier Oil surges after snapping up assets of BP and Dana

London Markets: Premier Oil surges after snapping up assets of BP and Dana

Cona Resources Completes Acquisition of Pengrowth Energy Corporation

Cona Resources Completes Acquisition of Pengrowth Energy Corporation

Cona Resources Completes Acquisition of Pengrowth Energy Corporation

U.S. Oil & Gas M&A poised for recovery after challenging 2019

U.S. Oil & Gas M&A poised for recovery after challenging 2019

Enverus


Decade closes with more than half a trillion dollars spent on shale assets

AUSTIN Enverus, the leading oil & gas SaaS and data analytics company, has released its summary of 2019 deal activity and its outlook for 2020. Enverus

Castleton Commodities International (PRNewsfoto/Castleton Commodities Internati)

Castleton Commodities International LLC Announces Acquisition of Shell East Texas and North Louisiana Assets

Castleton Commodities International LLC Announces Acquisition of Shell East Texas and North Louisiana Assets

KKR to Acquire Significant Stake in Canada’s Coastal GasLink Pipeline Project

KKR to Acquire Significant Stake in Canada’s Coastal GasLink Pipeline Project

KKR to Acquire Significant Stake in Canada’s Coastal GasLink Pipeline Project

Paleo Resources, Inc. signs merger agreement with oil and gas Fintech Platform, EF Resources, Inc.

Paleo Resources, Inc. signs merger agreement with oil and gas Fintech Platform, EF Resources, Inc.

Oil & Gas 360


PALEO RESOURCES, INC. SIGNS MERGER AGREEMENT WITH OIL AND GAS FINTECH PLATFORM, EF RESOURCES, INC.- oilandgas360PALEO RESOURCES, INC. SIGNS MERGER AGREEMENT WITH OIL AND GAS FINTECH PLATFORM, EF RESOURCES, INC.- oilandgas360December 23, 2019 – Calgary, Alberta – Paleo Resources, Inc. (“Paleo” or the “Corporation”) (TSX-V: PRE, OTCQB: PRIEF) announced today that it has entered into a definitive Merger Agreement (the “Agreement ”) under which Paleo will …

Apache Corporation and Total S.A. Announce 50-50 joint venture in Block 58 Offshore Suriname; Total to become future operator

Apache Corporation and Total S.A. Announce 50-50 joint venture in Block 58 Offshore Suriname; Total to become future operator

Apache Corporation


Apache Corporation (NYSE, Nasdaq: APA) and Total S.A. (NYSE: TOT) today announced a joint venture agreement to explore and develop Block 58 offshore Suriname. Apache will receive various forms of consideration, including: $5 billion of cash carry on Apache’s first $7.5 billion of …

December 23, 2019 - 7:15 am Closing Bell Story‎, Mergers & Acquisitions, Offshore, Popular 4
New ownership at Ridley Terminals Inc. takes effect today

New ownership at Ridley Terminals Inc. takes effect today

New ownership at Ridley Terminals Inc. takes effect – RTI also has ambitious growth plans, including exploring options for the construction of a second berth adjacent to the current berth

Contango Oil and Gas Company Announces Signing of Joint Development Agreement With Juneau Oil & Gas, LLC

Contango Oil and Gas Company Announces Signing of Joint Development Agreement With Juneau Oil & Gas, LLC

Contango Oil and Gas Company Announces Signing of Joint Development Agreement With Juneau Oil & Gas, LLC

December 20, 2019 - 9:00 am Mergers & Acquisitions, Offshore, Press Releases
Source: Houston Chronicle

The top company in Texas’ birthplace of shale exits for $770M

Houston Chronicle


Devon Energy is selling its position in Texas’ Barnett shale for $770 million,  leaving the birthplace of the shale revolution without any top industry players.

 

The shale boom started with George P. Mitchell in the Dallas-Fort Worth …

GEOPARK announces new strategic block acquisitions in Colombia

GEOPARK announces new strategic block acquisitions in Colombia

Geopark



Expanding acreage in the Llansos, and Putumayo Basins.

GEOPARK ANNOUNCES NEW STRATEGIC BLOCK ACQUISITIONS IN COLOMBIA EXPANDING ACREAGE AROUND CORE LLANOS 34 BLOCK - oilandgas360

Bogota, Colombia – December 17, 2019 – GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and …

Minerva Bunkering Acquires CEPSA Panama SA

Minerva Bunkering Acquires CEPSA Panama SA

Minerva Bunkering Acquires CEPSA Panama SA

December 17, 2019 - 2:00 am Mergers & Acquisitions, Offshore, Press Releases
WPX Energy  accelerates 5-year vision with $2.5 Billion purchase of Felix Energy

WPX Energy accelerates 5-year vision with $2.5 Billion purchase of Felix Energy

WPXEenrgy


WPX Energy (NYSE:WPX) is taking another significant step in its commitment to delivering shareholder value with the $2.5 billion purchase of Felix Energy, one of the highest quality Delaware Basin operators.

WPXEnergy -WPX’s five-year vision -oilandgas360

 

Initiating Dividend in Conjunction With Accretive Felix

December 16, 2019 - 6:56 am Closing Bell Story‎, Mergers & Acquisitions, Press Releases