Post Tagged with: "acquisition"
Callon and Carrizo complete merger
HOUSTON, Dec. 20, 2019 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon”) today announced that it has completed its acquisition of Carrizo Oil & Gas, Inc. (“Carrizo”).
As previously announced, current Carrizo shareholders will receive 1.75 …
Oxy Lowers Production Guidance on Legacy Anadarko Assets
With Occidental Petroleum finalizing its $38 billion acquisition of Anadarko Petroleum last week, Oxy is now lowering its oil and gas production guidance for the legacy Anadarko assets.
For the rest of this year, Oxy said …
Occidental Finance Chief Pledges to Act Quickly to Pare Acquisition Debt
From Reuters
Occidental Petroleum Corp (OXY.N) expects to quickly reduce the $40 billion in debt it took on with its purchase of Anadarko Petroleum, the company’s finance chief said on Monday.
Cedric Burgher, in his first public remarks since the …
Occidental Announces Early Termination of Hart-Scott-Rodino Waiting Period
Occidental Announces Early Termination of Hart-Scott-Rodino Waiting Period
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Aftershocks from Chevron-Anadarko: Experts Discuss What’s Next for U.S. Oil Companies
ConocoPhillips, Oxy, Apache, Noble Energy are the cleanest comps in upstream energy – John Gerdes
Permian pure-plays Pioneer, Concho and Diamondback have the assets but will be tougher deals to do while trading at a premium to their peers –
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Chesapeake Completes Acquisition of WildHorse
Chesapeake Energy Corporation Completes Acquisition Of WildHorse Resource Development Corporation
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‘Robust Midstream Component’ of $735-Million Haynesville Deal with QEP was Draw: Aethon Co-President
Aethon likes Haynesville’s proximity to Gulf markets, Henry Hub
In mid-November, QEP Resources (stock ticker: QEP) announced that its subsidiaries, QEP Energy Company, QEP Marketing Company, and QEP Oil & Gas Company, had entered into a definitive agreement …
KLX Energy Services Completes Motley Acquisition
KLX Energy Services Completes Motley Acquisition
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Northern Oil and Gas Announces Acquisition and Debt Reduction
Northern Oil and Gas, Inc. (NYSE American: NOG) today announced that it has entered into a definitive agreement to acquire producing assets in the Williston Basin of North Dakota. Separately, Northern has entered into another negotiated exchange agreement with an …
Canada’s Proposed Bill C-69 Would Require Energy Project Environmental Assessments to Take Climate Change into Account
Bill gives cabinet and environment minister final power to approve or reject a project regardless of the findings of an environment assessment
In February 2018, Catherine McKenna, the federal Minister of Environment and Climate Change, introduced Bill C-69. The bill …
Talos Energy Updates Production Guidance
Houston-based Gulf of Mexico producer Talos Energy Inc. (ticker: TALO) outlined the company’s strategy today in a new update.
The company projects 2018 pro forma production sales volumes of 18 – 19.5 MMBOE, or an average daily production 49 – …
Vermilion Energy Closes $1.4 Billion Acquisition
Vermilion Energy Inc. (ticker: VET) closed the acquisition of Spartan Energy Corp. for a total consideration of $1.40 billion, comprised of $1.23 billion in Vermilion shares plus the assumption of approximately $175 million in debt.
Vermilion acquired all of the …
Callon Petroleum Expands Permian Footprint with $570 Million Delaware Purchase
Consolidation continues in the Permian, with Callon Petroleum (ticker: CPE) purchasing $570 million in assets Thursday.
Callon intends to acquire 28,657 net acres in the Delaware, primarily in Ward and Loving Counties, from Cimarex Energy (ticker: XEC). This acreage is …
Evolution Petroleum Acquires Assets from Bankrupt Enduro; Evolution CEO Randy Keys to Retire
Evolution Petroleum Corporation (ticker: EPM) will acquire certain oil and gas assets from an affiliate of Enduro Resource Partners LLC for a purchase price of $27.5 million. Evolution intends to fund the closing of this transaction primarily with cash on …
Sterling Resources Taps Peru
Sterling Resources speeds up Bretana field development
Peru-focused E&P Sterling Resources Ltd. (ticker: SLG) has advanced the 2018 capital program at the Bretana field in Northeast Peru. Last December, the company acquired 100% working interest in the field. At the …
Refiners Join Forces: Marathon to Acquire Andeavor for $23 Billion
Deal will create the largest U.S. refiner
Marathon Petroleum Corp. (ticker: MPC) and Andeavor (ticker: ANDV) have entered into a definitive merger agreement under which MPC will acquire all of ANDV’s outstanding shares, representing a total equity value of $23.3 …
Daseke Announces Acquisition of 430-Truck Oil Rig Moving Company
From CCJ
Daseke (No. 37 on the CCJ Top 250) has announced it is acquiring oil rig moving company Aveda Transportation and Energy Services, a fleet with approximately 430 tractors, 660 trailers and 200 light-duty trucks.
Under the …
Razor Energy Reports Q4
Razor Energy Corp. (ticker: RZE) recorded a positive Q4 2017 net income of $2.3 million, or $0.14 per share. For 2017, the company had a net loss of $3.7 million, or $(0.27) per share. The company produced 4,534 BOEPD in …
