(Oil & Gas 360) – DENVER, Feb. 3, 2026 /CNW/ – Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (“Ovintiv” or the “Company”) announced today that it has completed its acquisition of all of the common shares (“NuVista Shares”) of NuVista Energy Ltd. (TSX: NVA) (“NuVista”) in a cash and stock transaction valued at $2.7 billion. The acquisition is expected to add approximately 930 net 10,000-foot equivalent well
(Oil & Gas 360) – OKLAHOMA CITY & HOUSTON–(BUSINESS WIRE)– Devon Energy (“Devon”) (NYSE: DVN) and Coterra Energy (“Coterra”) (NYSE: CTRA) today announced the signing of a definitive agreement to merge in an all-stock transaction. The combination will create a leading large-cap shale operator with a high-quality asset base anchored by a premier position in the economic core of the Delaware Basin.
(Oil Price) – Equinor will sell all its assets in Argentina’s Vaca Muerta basin to Vista Energy in a cash and stock deal worth $1.1 billion, the Norwegian energy major said on Monday as it continues to high-grade its international portfolio. The deal includes Equinor’s 30% non-operated interest in the Bandurria Sur asset and its 50% non-operated interest in the Bajo del Toro
(World Oil) – SM Energy Company has closed its all-stock merger with Civitas Resources, Inc. following shareholder approval at special meetings held Jan. 27. The combined company will continue operating under the SM Energy name. The transaction creates a larger, oil-focused U.S. independent with a broader footprint across core shale basins, including an expanded position in the Permian Basin. Management has previously outlined plans
(World Oil) – Coterra Energy Inc. and Devon Energy Corp. are in advanced talks about a combination, according to people familiar with the matter, in what would be one of the largest oil and gas deals in years. The companies could announce a deal in the coming days, said the people, who asked to not be identified because the talks are private. No
(Oil and Gas 360) – Energy Advisors is providing continuing research as events unfold at Coterra Energy in response to pressure from activist Kimmeridge. Earlier in our report“ The Debate Begins” we looked what a merger between Coterra and Devon would look like. Imagine a Super Independent with 1.6 MMBoepd. Amazingly these volumes would exceed US volumes of Conoco Lower 48 (1.5 MMboepd),
(Oil Price) – Russia’s oil producer Lukoil has agreed to sell most of its international assets to private equity giant Carlyle. Following the U.S. sanctions on Lukoil and Rosneft, “as a result of Russia’s lack of serious commitment to a peace process to end the war in Ukraine,” Lukoil announced in October it would sell all of its international assets, initiating a formal process to receive bids from
(BOE Report) – Canadian oil producer Cenovus Energy is considering a sale of conventional oil and gas assets in the Deep Basin of Alberta as it looks to cut debt after the recent takeover of oil sands rival MEG Energy, two sources familiar with the matter told Reuters. Cenovus has reached out to potential buyers in recent weeks to gauge interest in the assets,
(World Oil) – Blackstone Inc. is in the early stages of weighing a sale of Beacon Offshore Energy, a Gulf of Mexico driller it’s owned for about a decade that could fetch more than $5 billion, according to people familiar with the matter. The alternative asset manager is talking to investment banks about bringing the Houston-based company to market as soon
(World Oil) – Mitsubishi Corporation has agreed to acquire Aethon Energy’s Haynesville shale gas business in a $5.2 billion equity transaction, marking the Japanese trading house’s first direct entry into the U.S. shale gas sector across the full value chain. The deal, announced Jan. 16, will see Mitsubishi Corporation acquire all equity interests in Aethon III LLC, Aethon United LP and related entities from
(World Oil) – Coterra Energy Inc. is exploring a combination with Devon Energy Corp., according to people familiar with the matter, a potential tie-up between two shale explorers that would be among the biggest oil and gas deals in years. The companies — both with large positions in the oil-rich Permian Basin — are holding talks about a possible merger, said the people,
(World Oil) – 1776 Energy, a portfolio company of Quantum Capital Group, has closed the sale of its South Texas oil and gas assets to Silver Hill Energy Partners, continuing consolidation activity in the mature Eagle Ford shale. The transaction includes approximately 17,500 net acres and an estimated 550 gross drilling locations primarily across Karnes and Gonzales counties, Texas. The assets are prospective across
