The Williams Companies (ticker: WMB) rejected an all-equity transaction valued at $53.1 billion, including the assumption of debt and other liabilities, from Energy Transfer Equity (ticker: ETE), according to an ETE …
Enbridge (ticker: ENB) followed through on its April 2015 proposal to transfer assets to its Income Fund, swapping ownership of its Canadian Mainline, Regional Oil Sands System and Canadian renewable …
PBF Energy (ticker: PBF) announced today that its subsidiary has signed an agreement to purchase Chalmette Refining, LLC in New Orleans, Louisiana for $322 million plus working capital including inventory …
Escalera Resources (ticker: ESCR) added to its core assets with the $47 million purchase of producing wells and leasehold interests from Warren Resources (ticker: WRES) in the Atlantic Rim Area …
Emirates National Oil Company (ENOC), a wholly owned entity of the Dubai government, will buy out Dragon Oil for $3.7 billion. Neither company has confirmed the announcement but several news outlets are reporting an agreement has been reached.
ENOC …
Hess Corporation (ticker: HES) has announced plans for a 50/50 joint venture (JV) consisting of its midstream assets in the Bakken Shale. The company will receive cash consideration of $2.675 billion from its partner, Global Infrastructure Partners …
Gulfport Energy (ticker: GPOR) made its second sizable acquisition in three months on June 9, 2015, landing 45,163 gross acres (33,426 net) in the Utica Shale from American Energy – Utica, …
Great Western Petroleum, a subsidiary of Great Western Oil & Gas Company, an affiliate of The Broe Group, purchased approximately 6,000 acres and eight producing wells in the Wattenberg Field, according …
Enterprise Product Partners (ticker: EPD) announced today that it agreed to purchase all member interest in EFS Midstream LLC from affiliates of Pioneer Natural Resources (ticker: PXD) and Reliance Industries (ticker: …
Ring Energy (ticker: REI) followed through on its acquisition comments in its Q1’15 conference call, announcing purchase of 14,000 net acres in the Delaware Basin in a news release on May 26, 2015. The $75 million transaction …
Striker Exploration Corp. (“Striker” or the “Company”) (TSX VENTURE:SKX) is pleased to announce that it has entered into a purchase and sale agreement with an arm’s length public oil and gas company for
Memorial Production Partners (ticker: MEMP) announced its first quarter results last week, highlighting increases in production and Adjusted EBITDA while simultaneously lowering lease operating expenses (LOE) compared to the first quarter 2014.
“Despite …
Noble Energy (ticker: NBL) is a large-cap exploration and production company with oil and gas operations worldwide, but the Houston-based company previously held no assets in Texas. Until now.
On May 11, 2015, Noble Energy announced …
Enable Midstream Partners, LP (ENBL) announced today that on May 1, it completed acquisition of $80 million of strategic natural gas gathering assets in the …
MANITOK ENERGY INC. IS PLEASED TO ANNOUNCE THE EXECUTION OF ASSET PURCHASE AGREEMENT FOR THE ACQUISITION OF 1,800 BOE/D OF PRODUCTION AND …
Earlier this month, Halliburton (ticker: HAL) announced that it would divest $3.5 billion in assets in the first round of divestitures to satisfy antitrust concerns in its $35 …
Vanguard Natural Resources (ticker: VNR) announced on April 20th that the company had entered into a purchase and sale agreement to acquire LRR Energy (ticker: LRE) for a total of $539 million.
The purchase price includes $251 million in …
Legacy Reserves L.P. (ticker: LGCY) announced yesterday that it will cut its annual distribution by 43% to $1.40 from $2.44 a unit in order to maintain financial flexibility. In a company press …
Gulfport Energy (ticker: GPOR) has increased its Utica Shale footprint to approximately 212,000 gross leased acres (208,000 net) with the purchase of 24,000 net nonproducing acres in Belmont and Jefferson …
Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) is pleased to announce the closing of the previously announced acquisition of certain Cardium focused assets in the Pembina area of Alberta …
The recent proposed $70 billion purchase of BG Group (ticker: BG) by Royal Dutch Shell (ticker: RDSA) will make the industry’s liquefied natural gas giant even bigger. Shell already had …
Royal Dutch Shell (ticker: RDS.B) announced the recommended takeover of BG Group (ticker: BG) in a 75-page release issued on April 7, 2015. The cash-and-share purchase valued at roughly $70 …
Williams Partners L.P. (ticker: WPZ) has increased its equity interest to 70% in Utica East Ohio Midstream LLC (UEO), the company announced on April 6, 2015. The transaction involved EV Energy Partners’ (ticker: EVEP) …
Halliburton (ticker: HAL) announced that its stockholders approved HAL’s proposal to issue shares of Halliburton common stock as contemplated by its merger agreement with Baker Hughes (ticker: BHI). Baker Hughes announced …
Chevron Corporation (ticker: CVX), the world’s third largest E&P by market capitalization, is selling its 50% shareholding in Caltex Australia Limited. The deal is reportedly worth about US$3.6 billion, according to the Sydney Morning Times Herald, and is the biggest …
LINN Energy (ticker: LINE) announced the signing of a non-binding letter of intent with private capital investor Quantum Energy Partners, the founding investor in LINN, to fund selected …
*Update*
Just one day after selling select gathering assets in the Appalachia for $500 million, Southwestern Energy (ticker: SWN) announced the $218 million sale of conventional operations in East Texas and the Arkoma Basin. Both deals were completed with private …
Next month Halliburton (ticker: HAL) and Baker Hughes (ticker: BHI) plan to seek out buyers for as much as $10 billion in assets in order to avoid antitrust concerns and complete their merger, …
