Post Tagged with: "M&A"

ExxonMobil Increases Position in the Permian with 48,000 Acre Acquisition

ExxonMobil Increases Position in the Permian with 48,000 Acre Acquisition

ExxonMobil executes two deals for Permian acreage

ExxonMobil (ticker: XOM) announced that it has acquired 48,000 acres in the core of the Midland Basin through the execution of two agreements. The agreements include an acquisition and farm-in adjoining XOM subsidiary …

Eagle Energy Trust Acquires Alberta Position for $30 Million

Eagle Energy Trust Acquires Alberta Position for $30 Million

Eagle Energy Trust Announces Strategic Alberta Acquisition in the Twining Field

Eagle Energy Trust (“Eagle“) (TSX:EGL.UN) is pleased to announce that it has entered into an agreement with a private company (“Privateco“) for the acquisition by

July 23, 2015 - 4:31 pm Canada, Mergers & Acquisitions
Shell-BG Merger Accounts for 73% of Q2 M&A

Shell-BG Merger Accounts for 73% of Q2 M&A

M&A activity down in terms of volume, but Shell-BG megadeal pushes overall dollar value up

The second quarter of 2015 showed the largest amount of activity in mergers and acquisitions (M&A) in the oil and gas sector by value since …

July 22, 2015 - 1:28 pm Mergers & Acquisitions, Oil and Gas 360 Articles
Energy Transfer Partners Announces $1.94 Billion Dropdown

Energy Transfer Partners Announces $1.94 Billion Dropdown

Energy Transfer Partners Moves Susser Holdings to Sunoco LP

Energy Transfer Partners (ticker: ETP) announced that it plans a 100% dropdown of Susser Holdings Corp. (SHC) for approximately $1.94 billion to its subsidiary Sunoco LP (ticker: SUN). In addition, there …

July 15, 2015 - 6:33 pm Mergers & Acquisitions, MLPs, Oil and Gas 360 Articles
Oil & Gas 360 Energy News

Arc Logistics Enters Weld County Midstream with $76.6 Million Acquisition

Pawnee Terminal offers connection into Pony Express Pipeline to CushingArc Pawnee Terminal

Arc Logistics (ticker: ARCX) announced today the $76.6 million acquisition of all the limited liability company interest of UET Midstream from United Energy Trading and Hawkeye Midstream. The consideration for …

Halliburton and Baker Hughes Agree to Extend DOJ Review in $34.6 Billion Merger Deal

Halliburton and Baker Hughes Agree to Extend DOJ Review in $34.6 Billion Merger Deal

Department of Justice given until November 25 to review Halliburton and Baker Hughes merger

Oilfield service giants Halliburton (ticker: HAL) and Baker Hughes (ticker: BHI) announced today that they have entered into a timing agreement with the Antitrust Division of …

Siemens Gets Greenlight on $7.8 Billion Buyout of Dresser-Rand

Siemens Gets Greenlight on $7.8 Billion Buyout of Dresser-Rand

After four months, E.U. antitrust regulators approve Siemens deal for oil & gas compression equipment manufacturer

E.U. antitrust regulators unconditionally approved Siemens’ (ticker: SIE) acquisition of Houston-based Dresser-Rand (ticker: DRC) for total consideration of $7.8 billion, according to a press

Williams Companies Rejects $53 Billion Buyout Offer

Williams Companies Rejects $53 Billion Buyout Offer

Energy Transfer Equity makes an all-equity offer for Williams

The Williams Companies (ticker: WMB) rejected an all-equity transaction valued at $53.1 billion, including the assumption of debt and other liabilities, from Energy Transfer Equity (ticker: ETE), according to an ETE

June 22, 2015 - 6:11 pm Mergers & Acquisitions, MLPs, Oil and Gas 360 Articles
PBF Purchases 189 MBOPD of Refining Capacity

PBF Purchases 189 MBOPD of Refining Capacity

PBF purchases Chalmette Refinery and other assets for $322 million

PBF Energy (ticker: PBF) announced today that its subsidiary has signed an agreement to purchase Chalmette Refining, LLC in New Orleans, Louisiana for $322 million plus working capital including inventory …

Escalera Resources Expands Atlantic Rim Holdings with $47 Million Purchase

Escalera Resources Expands Atlantic Rim Holdings with $47 Million Purchase

Escalera expands its core assets with purchase from Warren Resources

Escalera Resources (ticker: ESCR) added to its core assets with the $47 million purchase of producing wells and leasehold interests from Warren Resources (ticker: WRES) in the Atlantic Rim Area …

Great Western Oil & Gas Continues Acquisitions in the DJ Basin

Great Western Oil & Gas Continues Acquisitions in the DJ Basin

Great Western purchased 6,000 acres in the Wattenberg Field

Great Western Petroleum, a subsidiary of Great Western Oil & Gas Company, an affiliate of The Broe Group, purchased approximately 6,000 acres and eight producing wells in the Wattenberg Field, according

Striker Exploration Announces Acquisition

Striker Exploration Announces Acquisition

Striker Exploration Corp. Announces Belly River Acquisition

Striker Exploration Corp. (“Striker” or the “Company”) (TSX VENTURE:SKX) is pleased to announce that it has entered into a purchase and sale agreement with an arm’s length public oil and gas company for

May 19, 2015 - 3:43 pm Canada, Mergers & Acquisitions
Oil & Gas 360 Energy News

Memorial Production Partners – Is M&A in the Cards?

Memorial Lowers LOE, Raises Production in Q1

Memorial Production Partners (ticker: MEMP) announced its first quarter results last week, highlighting increases in production and Adjusted EBITDA while simultaneously lowering lease operating expenses (LOE) compared to the first quarter 2014.

“Despite …

Enable Midstream Acquires Gas Gathering Assets

Enable Midstream Acquires Gas Gathering Assets

Enable Midstream Announces Acquisition of Monarch Natural Gas Gathering Assets in Texas Panhandle

Enable Midstream Partners, LP (ENBL) announced today that on May 1, it completed acquisition of $80 million of strategic natural gas gathering assets in the …

May 4, 2015 - 5:52 pm Mergers & Acquisitions, MLPs
Manitok Energy Announces Asset Purchase of Production and Fluid Processing Facility

Manitok Energy Announces Asset Purchase of Production and Fluid Processing Facility

MANITOK ENERGY INC. ANNOUNCES THE EXECUTION OF ASSET PURCHASE OF PRODUCTION AND FLUID PROCESSING FACILITY IN SOUTHERN ALBERTA

MANITOK ENERGY INC. IS PLEASED TO ANNOUNCE THE EXECUTION OF ASSET PURCHASE AGREEMENT FOR THE ACQUISITION OF 1,800 BOE/D OF PRODUCTION AND

May 1, 2015 - 6:51 pm Canada, Mergers & Acquisitions
Talisman Announces Anticipated Date for Completion of Repsol Deal

Talisman Announces Anticipated Date for Completion of Repsol Deal

Talisman Announces Anticipated Date for Completion of Acquisition by Repsol

Talisman Energy Inc. (TLM.TO) (TLM.TO) announces that the completion of the acquisition of Talisman by Repsol S.A. is scheduled to occur on May 8, 2015. Regulatory …

April 30, 2015 - 7:11 pm Canada, Mergers & Acquisitions
Regency Energy Partners Approve Merger

Regency Energy Partners Approve Merger

Regency Energy Partners LP Unitholders Approve Merger with Energy Transfer Partners, L.P.

Energy Transfer Partners, L.P. (ETP) (“ETP”) and Regency Energy Partners LP (RGP) (“Regency”) today announced that at a special meeting of Regency unitholders held …

April 28, 2015 - 4:35 pm Mergers & Acquisitions, MLPs
Halliburton, Baker Hughes Announce First $3.5 Billion of Divestitures, More to Follow

Halliburton, Baker Hughes Announce First $3.5 Billion of Divestitures, More to Follow

Oilservice major Halliburton announces marketing of certain assets to satisfy antitrust laws

Earlier this month, Halliburton (ticker: HAL) announced that it would divest $3.5 billion in assets in the first round of divestitures to satisfy antitrust concerns in its $35 …

Oil & Gas 360 Energy News

Legacy Reserves a Buyer in the M&A Market

A strong balance sheet to weather the downturn

Legacy Reserves L.P. (ticker: LGCY) announced yesterday that it will cut its annual distribution by 43% to $1.40 from $2.44 a unit in order to maintain financial flexibility. In a company press

April 21, 2015 - 6:37 pm Mergers & Acquisitions, MLPs, Oil and Gas 360 Articles
Bonterra Announces Closing of Asset Acquisition

Bonterra Announces Closing of Asset Acquisition

Bonterra Energy Corp. Announces Closing of Strategic Pembina Cardium Asset Acquisition

Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) is pleased to announce the closing of the previously announced acquisition of certain Cardium focused assets in the Pembina area of Alberta …

April 16, 2015 - 5:55 pm Canada, Mergers & Acquisitions
Source: Royal Dutch Shell

Shell and BG Deal not Likely to Spur LNG M&A Boom

Shell/BG will not be the harbinger of more LNG M&A

The recent proposed $70 billion purchase of BG Group (ticker: BG) by Royal Dutch Shell (ticker: RDSA) will make the industry’s liquefied natural gas giant even bigger. Shell already had …

April 15, 2015 - 1:21 pm LNG, Mergers & Acquisitions, Oil and Gas 360 Articles
M&A Update: Oilservice Majors

M&A Update: Oilservice Majors

Oilservice majors Halliburton and Baker Hughes shareholders approve merger

Halliburton (ticker: HAL) announced that its stockholders approved HAL’s proposal to issue shares of Halliburton common stock as contemplated by its merger agreement with Baker Hughes (ticker: BHI). Baker Hughes announced …

Source: WPX

Global M&A Reaches $3.2 Trillion, U.S. Leads the Way in E&P Transactions

Global accounting giants speak out: oil and gas M&A values up 69% in 2014 despite a decrease in overall deal volumes, more megadeals coming in 2015

Data released by Ernst and Young (EY) shows that while the total volume of …

February 3, 2015 - 2:03 pm Mergers & Acquisitions, Oil and Gas 360 Articles

Forest Oil Details Accelerated Eagle Ford Shale Drilling Program

Forest Oil Corporation (ticker: FST)  is engaged in the acquisition, exploration, development, and production of natural gas and liquids in the United States and selected international locations. Forest’s estimated proved reserves and producing properties are located in the United States …

April 12, 2013 - 11:33 am Oil and Gas 360 Articles

Sanchez Energy CEO on Mad Money

Sanchez Energy CEO Tony Sanchez III appeared on CNBC’s Mad Money to talk about the company’s recent acquisition of Hess’s Eagle Ford properties that more than doubled SN’s current production. Sanchez is as a fast growing independent oil and gas …

March 21, 2013 - 4:19 pm Oil and Gas 360 Articles

Sanchez Energy Corp: Eagle Ford Acquisition More Than Doubles Production

Sanchez Energy Corp. (ticker: SN) is as a fast growing independent oil and gas company targeting the liquids-rich Eagle Ford Shale, Pearsall Shale, Austin Chalk, and Buda Limestone plays. From 2011 to 2012, SN grew average production and reserves 170% …

March 19, 2013 - 9:37 pm Oil and Gas 360 Articles