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Friday, September 26, 2025

Asset Sale

ConocoPhillips to sell Anadarko assets for $1.3 bln; profit beats estimates- oil and gas 360

ConocoPhillips to sell Anadarko assets for $1.3 bln; profit beats estimates

August 7, 2025

(BOE Report)– ConocoPhillips will sell its Anadarko Basin assets for $1.3 billion, the energy producer said on Thursday, after beating Wall Street estimates for second-quarter profit. Shares of the company rose nearly 2% in premarket trade. The asset sale, expected to close at the beginning of the fourth quarter, pushes ConocoPhillips past its $2 billion non-core asset disposition target ahead

Vermilion Energy exits U.S. market with $88 million asset sale- oil and gas 360

Vermilion Energy exits U.S. market with $88 million asset sale

June 6, 2025

Publisher’s Note: Vermilion Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, 2025.  Register to attend.  (World Oil) – Vermilion Energy Inc. has entered into a definitive agreement for the sale of its U.S. assets for cash proceeds of ~$88 million ($120 million CAD). Proceeds from the transaction will go towards debt repayment to further accelerate deleveraging efforts and

Bayswater E&P to sell DJ basin assets for $603 million- oil and gas 360

Bayswater E&P to sell DJ basin assets for $603 million

February 10, 2025

(World Oil) – Bayswater Exploration and Production (Bayswater), a Denver-based oil and natural gas development company, has entered into an agreement to sell assets in the Denver Julesburg Basin (DJ Basin) to Prairie Operating Company in a cash and stock transaction valued at approximately $603 million. “Today’s agreement represents the culmination of years of work by our talented and dedicated DJ

Diversified closes value enhancing asset sale- oil and gas 360

Diversified closes value enhancing asset sale

January 2, 2024

Oil and Gas 360 BIRMINGHAM, AL / ACCESSWIRE / January 2, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) is pleased to announce that it has closed an innovative transaction (the “Transaction”) that has allowed the Company to unlock additional value from its current asset base at an attractive multiple while further enhancing liquidity and reducing leverage. In summary, the Transaction consisted

Unit Corporation announces completion of Texas Panhandle asset sale- oil and gas 360

Unit Corporation announces completion of Texas Panhandle asset sale

December 14, 2023

Oil and Gas 360 Dec 14, 2023 -TULSA, Okla. – On December 13, 2023, Unit Corporation (OTCQX: UNTC) (Company) completed the previously announced sale of certain non-core oil and gas assets in the Texas Panhandle (the “Divested Assets”) to a third party for net cash proceeds received at closing of $50 million, subject to customary post-closing adjustments pursuant to the terms

Exxon weighs Bakken asset sale after getting interest- oil and gas 360

Exxon weighs Bakken asset sale after getting interest

March 11, 2022

World Oil (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 for the Bakken assets, said the people, who asked not to be identified because they weren’t authorized to speak. Exxon

EQT announces closing of asset sale and strategic volume curtailment- oil and gas 360

EQT announces closing of asset sale and strategic volume curtailment

May 26, 2020

EQT PITTSBURGH, May 26, 2020 /PRNewswire/ — EQT Corporation (NYSE: EQT) today announced that it has closed a transaction to sell certain non-strategic assets and implemented a strategic volume curtailment program. Asset Sale: EQT has closed a transaction to sell certain non-strategic assets located in Pennsylvania and West Virginia to Diversified Gas and Oil PLC, for an aggregate purchase price of $125

Total Plans $5 Billion of Asset Sales to Future-Proof Business - Oil & Gas 360

Total Plans $5 Billion of Asset Sales to Future-Proof Business

July 25, 2019

From Reuters French energy giant Total (TOTF.PA) will sell about $5 billion of assets, mostly from its exploration and production business as it sharpens its focus on low-breakeven projects that can weather weak oil prices, it said on Thursday. The announcement followed a 19% drop in second-quarter adjusted net profit to $2.9 billion, which it attributed to unfavorable market factors

Callon Petroleum Sells Non-Core Midland Basin Assets

April 8, 2019

Selling Ranger area in southern Midland Basin – includes 9,850 net Wolfcamp acres, 4,000 BOEPD production Callon Petroleum Company (stock ticker: CPE, $CPE) said it is selling non-core assets in the Midland Basin for initial cash proceeds of $260 million. The agreement also provides for potential incremental cash payments of up to $60 million based upon future commodity prices with upside participation starting at the $60/Bbl West

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