Friday, June 20, 2025
Encana Moving $165 Million Cash from Divestiture to its Balance Sheet - Oil & Gas 360

New WildFire Energy Gets More Than $1B in Private Equity Backing 

 From Houston Chronicle A cofounder of WildHorse Resource Development has formed the new WildFire Energy in Houston with more than $1 billion in backing from two major private equity firms. Two of the top private equity firms, New York-based Warburg Pincus and Los Angeles-based Kayne Anderson Capital, are investing in WildFire and its founder and chief executive Anthony Bahr.  Chesapeake Energy closed in February on

Devon joins shale firms to cut spending as oil hovers at $30- oil and gas 360

Devon Energy Monetizes Assets, Raises CapEx and Production Guidance

Pioneer Natural Resources Acquires Midland Basin Acreage with $827 Million Secondary Offering Devon Energy Corp. has been piling up the assets sales so far in 2016, announcing on June 15, 2016, the most recent divestiture of assets in the Midland Basin for a cumulative $858 million. This is comprised of two separate transactions, both in the Midland Basin. In the

Core Lab Announces Upsizing and Pricing of Public Offering of Common Stock

Core Lab Announces Upsizing and Pricing of Public Offering of Common Stock AMSTERDAM, May 11, 2016 /PRNewswire/ — Core Laboratories N.V. (NYSE: “CLB US”) (Euronext Amsterdam: “CLB NA”) announced the upsized pricing of an underwritten public offering of 1,475,000 shares of its common stock. The underwriter intends to offer the shares from time to time for sale in one or more transactions on

Synergy Resources Prices a $180 Million Equity Raise

Synergy equity deal expected to raise $150 million in initial offering with $30 million greenshoe offering Denver-based Synergy Resources (ticker: SYRG) announced a public offering of 19.5 million shares of its common stock for total proceeds of approximately $150 million, according to a company statement. Synergy will also allow a follow-on offering of 2.93 million shares, which would bring total

EQT – Getting Stronger for Longer

EQT Corp. issued 7.475 million shares (includes overallotment) at a price to the public of $58.50 per share for gross proceeds of ~$426 million.  The offering price was at a ~4% discount to yesterday’s close. The company’s line for the capital issuance was to maintain its investment grade rating.  At Sept 30, 2015, EQT had cash of $1.66 billion, no