Transactions solidify Company’s Permian focus and accelerate achievement of debt milestone Company to launch $300 million share buyback at closing
HOUSTON, May 3, 2023 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”)
(WO) – INEOS Energy has completed the acquisition of a portion of Chesapeake Energy’s oil and gas assets in the Eagle Ford shale, South Texas for $1.4 billion. The deal marks INEOS Energy’s entry as operator into the …
HOUSTON – U.S. oil and gas dealmaking fell to a two-year low of $8.58 billion last quarter, as combinations of natural gas companies dried up and oil buyers focused on mature plays, energy analytics firm Enverus said on Tuesday.…
(WO) – Matador Resources Company announced the closing of its wholly-owned subsidiary’s previously-announced acquisition of Advance Energy Partners Holdings, LLC (“Advance”) from EnCap Investments L.P., including Advance’s oil and natural gas producing properties and undeveloped acreage in Lea …
ExxonMobil has held early informal talks about potentially acquiring the largest pure-play shale producer, Pioneer Natural Resources, The Wall Street Journal has reported, quoting sources with knowledge of the matter.
Exxon is looking to boost additionally its …
DENVER, April 10, 2023–(BUSINESS WIRE)– Liberty announced today the commercial launch of Liberty Power Innovations (LPI), an integrated alternative fuel and power solutions provider for remote applications. LPI’s initial focus is on compressed natural gas (CNG) …
Transaction Expands Permian Premium Inventory, Enhances Shareholder Returns
Company to Exit Bakken Position with Announced Asset Sale
Highlights:
CALGARY, AB, April 3, 2023 /CNW/ – Vermilion Energy Inc. (“Vermilion”) (TSX: VET) (NYSE: VET) is pleased to announce the closing of the acquisition of Equinor Energy Ireland Limited (“EEIL”) from Equinor ASA on March …
(Bloomberg) – Crescent Point Energy Corp. is accelerating its shift into Alberta’s shale plays with a C$1.7 billion ($1.3 billion) acquisition of Spartan Delta Corp.’s assets in the prolific Montney formation.
The purchase will add 600 drilling locations …
Warren Buffett’s Berkshire Hathaway bought shares in Occidental Petroleum for the third time this month, boosting its stake in the company to 23.6 percent.
The investment firm paid $216 million for the shares, which it bought on …
(Bloomberg) – Closely held gas driller Escondido Resources is working with financial advisers to test the market’s appetite for its assets in South Texas, according to people with knowledge of the situation.
The Mountain Capital-backed company is having …
Equinor has signed a deal to buy for $850 million the UK assets of Canada’s Suncor Energy, including a stake in a massive producing oil field and an interest in one of the major planned developments in the …
(WO) – Shell Offshore Inc., a subsidiary of Shell plc, has completed the previously announced sale of its 100% interest in Shell Onshore Ventures LLC which holds a 51.8% membership interest in Aera Energy LLC to IKAV.
The …
Calgary, Alberta – Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) (“Baytex”, the “Company” or “we”) today announced that it has entered into a definitive agreement (the “Agreement”) to acquire Ranger Oil Corporation (NASDAQ: …
(WO) – Quantum Energy Partners and the management of Bison Oil & Gas formed Bison Oil & Gas Partners IV, LLC (“Bison IV”) with equity capital commitments in excess of $500 million.
Building on the success …
One of the world’s largest chemical makers, UK-based INEOS, has entered U.S. oil and gas production after agreeing to buy Eagle Ford assets from Chesapeake Energy for $1.4 billion, thus gaining access to cheaper natural gas.
The …
(WO) – Verde Bio Holdings, Inc., a growing oil and gas company, has entered into an agreement to acquire revenue producing natural gas interests in the prolific Haynesville Shale of Northern Louisiana, held by a private seller for …
OKLAHOMA CITY, Feb. 21, 2023 /PRNewswire/ — Chesapeake Energy Corporation (NASDAQ:CHK) today announced that it has executed an agreement to sell a portion of its remaining Eagle Ford asset to INEOS Energy for …
TULSA, OK, Feb. 14, 2023 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital” or the “Company”) today announced the signing of a definitive purchase and sale agreement to acquire the assets of Driftwood Energy Operating, …
HOUSTON, Feb. 13, 2023 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) announced the completion of its previously announced acquisition of EnVen Energy Corporation (“EnVen”).
The Company expects to provide …
The number of mergers and acquisitions (M&A) in the U.S. upstream segment fell last year to the lowest level since 2005, with buyers increasingly picky and targeting top-tier locations in larger deals, Enverus Intelligence Research (EIR) said in …
(Bloomberg) – Consolidation in the Texas oil patch is gaining momentum this week after Matador Resources Co. agreed to acquire Advance Energy Partners Holdings LLC for about $1.6 billion in cash. This is the largest deal in Matador’s …
(Bloomberg) — A Tokyo Gas Co. unit is in advanced talks to buy U.S. natural gas producer Rockcliff Energy in a deal worth about $4.6 billion, including debt, a person with knowledge of the matter said.
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Marathon Oil Corporation completed its acquisition of the Eagle Ford assets of Ensign Natural Resources for a total cash consideration of $3 billion after considering closing adjustments. The acquisition was previously announced on Nov. 2.
The assets acquired …
REGINA, SK – ROK Resources Inc. (“ROK” or the “Company“) (TSXV:ROK) (TSXV:ROK.WT) is pleased to announce that it has entered into an Asset Exchange Agreement (the “Acquisition“) to …
(Bloomberg) — Carlyle Group Inc. is exploring a multibillion-dollar bid for a large part of Austrian energy company OMV AG’s oil and gas portfolio, in what would be a bold move by a buyout firm to further expand …
Britain’s competition watchdog said on Tuesday U.S.-listed oilfield services firm Baker Hughes Co’s acquisition of Altus Intervention could reduce competition among UK oil and gas operators.
The Competition and Markets Authority (CMA) said it was concerned that …
MIDLAND, Texas, Nov. 16, 2022 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has entered into a definitive purchase agreement to acquire all leasehold interest and related assets …
HOUSTON–(BUSINESS WIRE)– Archaea Energy Inc. (“Archaea”) (NYSE: LFG), an industry-leading renewable natural gas (“RNG”) company, today announced that it has agreed to be acquired by bp (NYSE: BP) for approximately $26 per Archaea Class A and …
Oil and Gas 360
OKLAHOMA CITY, Oct. 17, 2022 /PRNewswire/ — Continental Resources, Inc. (NYSE: CLR) today announced that it has entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Omega Acquisition, Inc., an …
