The most recent downturn in oil and gas prices has forced the industry to find the most economic acreage available in order to generate returns …
More oil price stability and significant internal restructuring of the sector are the key drivers leading a recovery in energy M&A with a peak in …
ExxonMobil Corporation (ticker: XOM) announced that the company will more than double its Permian Basin resources to 6 billion BOE through the …
Noble Energy (ticker: NBL) announced Monday that the company has purchased Clayton …
WPX Energy (ticker: WPX) announced today that the company has acquired Panther Energy Company II, LLC and Carrier Energy Partners, LLC, expanding its footprint in …
Denver-based SM Energy (ticker: SM) announced Tuesday that the company has divested its non-operated Eagle Ford assets for $800 million.
SM has entered into a definitive agreement with …
Oklahoma City-based Chesapeake Energy (ticker: CHK) announced Tuesday that the company has signed an agreement to sell the second of two non-core positions in the Haynesville. The northern Louisiana assets …
Diamondback Energy (ticker: FANG) announced late Wednesday that the company has entered into a definitive purchase agreement to acquire all leasehold interests and related assets of Brigham Resources Operating, LLC and Brigham …
Callon Petroleum Company (ticker: CPE) announced late Tuesday that the company will add 27,552 gross …
Patterson-UTI Energy Inc. (ticker: PTEN) and Seventy Seven Energy Inc. (ticker: SVNT) today jointly announced that they have entered into a definitive merger agreement in which …
Calgary-based Precision Drilling Corp. (ticker: PDS) announced Tuesday that the company will swap its Canadian Coil Tubing operations for Essential Energy Services’ (ticker: ESN) service rig business. In addition to the swap …
Russia has sold a 19.5% stake in Rosneft, the world’s largest-listed oil company and a state-controlled asset, for €10.5 billion ($11.3 billion) President Vladimir Putin announced on television with Rosneft CEO Igor Sechin. The stake …
Oklahoma City-based Chesapeake Energy Corp. (ticker CHK) announced that the company signed an agreement to sell a portion of its Haynesville shale acreage and producing …
SM Energy (ticker: SM) announced Thursday after market close that the company has completed its previously announced divestiture of its Williston Basin assets located outside of Divide County, North Dakota to Oasis …
Denver-based Centennial Resource Development (ticker: CDEV) announced Monday that it has agreed to acquire 100% of the leasehold interests and related upstream assets from Silverback …
Concho Resources Inc. (ticker: CXO) announced Monday that the company has added approximately 24,000 gross (16,400 net) acres to its norther Delaware Basin assets through a $430 million deal with an …
Tamarack Valley Energy (ticker: TVE) announced Wednesday that the company has entered into an agreement to acquire all of the issued and outstanding common shares …
Calgary-based Manitok Energy (ticker: MEI) announced today that the company closed its previously announced acquisition of certain assets of a private Alberta-based oil and gas company.
Manitok believes the assets will produce an …
Houston-based Yuma Energy (ticker: YUMA) and privately held Davis Petroleum Acquisition Corp. jointly announced today that the merger of the two companies was approved by shareholders and completed. Davis will become …
From Corporate Counsel
How good a businessman is Donald Trump? Not very, according to Ben Hirst, the former general counsel of Continental Airlines who watched him up close during Trump’s purchase of the Eastern Air Lines shuttle in 1988.
Hirst …
American Midstream Partners (ticker: AMID) announced that it will merge with JP Energy Partners (ticker: JPEP) in a unit-for-unit deal, forming an MLP with a $2 billion enterprise …
Royal Dutch Shell (ticker: RDSA) announced that its Canadian subsidiary has sold approximately 206,000 net acres of oil and gas properties, three 100%-operated gas plants and 719 kilometers (447 …
SM Energy Company (ticker: SM) announced Tuesday that it has entered into a definitive purchase agreement to acquire 35,700 net acres in Howard and Martin Counties in West Texas, …
RSP Permian (ticker: RSPP) today announced it has entered into definitive agreements to acquire Silver Hill Energy Partners, LLC (“SHEP I”) and Silver Hill E&P II, LLC (“SHEP II,” and together with …
Netherlands-based energy trader Vitol Group announced last week that its partner in its Permian Basin crude oil system, Pennsylvania-based MLP Sunoco Logistics …
In a political U-turn, the Russian government has decided to allow state-owned oil giant Rosneft place a bid on fellow oil company Bashneft.
The Kremlin …
Rice Energy (ticker: RICE) announced that it will acquire Vantage Energy for approximately $2.7 billion total consideration. The deal consists of $1.02 billion in cash, …
Range Resources (ticker: RRC), the legacy shale gas developer credited with discovering the Marcellus shale play, announced today that it completed the merger agreement under which RRC will acquire all of …
Pipeline companies Enbridge Inc. (ticker: ENB) and Spectra Energy Corp (ticker: SE) announced Tuesday that they have entered into a definitive merger agreement under which the two …
EOG Resources (ticker: EOG) announced today that it will acquire Yates Petroleum Corporation, a privately-owned E&P headquartered in Artesia, New Mexico, for total consideration of approximately …
