The Latest

SM Energy Offers Senior Notes to Help Fund $2B XCL Resources’ Deal

SM Energy said it intends to use the net proceeds from the notes to fund its pending $2.04 billion purchase of XCL Resources.

Solaris Stock Jumps 40% On $200MM Acquisition of Distributed Power Provider

With the acquisition of distributed power provider Mobile Energy Rentals, oilfield services player Solaris sees opportunity to grow in industries outside of the oil patch—data centers, in particular.

Solar Cell Maker Toyo, Blue World, Vietnam Sunergy Complete Merger

The newly combined solar company is expected to trade on the Nasdaq stock exchange under the ticker symbol TOYO.

It’s All Relative: Family Oil Companies Attract Huge M&A Attention

What role do firms controlled by descendants of the original Permian Basin wildcatters play in a sector increasingly dominated by scale?

Permian’s LandBridge Prices IPO Below Range at $17/Share, Raising $247MM

Houston-based LandBridge, which manages some 220,000 surface acres in the Permian Basin, kicked off trading at $19 per share, more than 10% above its listing price.

LandBridge Chair: In-basin Data Centers Coming for Permian NatGas

Newly public Delaware Basin surface-owner LandBridge Co. has a 100-year lease agreement with one developer that could result in ground-breaking in two years and 1 GW in demand.

Beetaloo Juice: US Shale Explores Down Under

Tamboran Resources has put together the largest shale-gas leasehold in Australia’s Beetaloo Basin, with plans for a 1.5+ Bcf/d play. Behind its move now to manufacturing mode are American geologists and E&P-builders, a longtime Australian wildcatter, a U.S. shale-rig operator and a U.S. shale pressure-pumper.

Scott Sheffield Among Investors in Australian Shale Gas IPO

The operator who sold Pioneer Natural Resources Co. to Exxon Mobil in May for $59.5 billion joins his son Bryan Sheffield in shale gas investment Down Under.

SM Stock Dives Over 10% as Investors Weigh $2B Uinta Basin Deal

Shares for SM Energy were trading down after announcing a multibillion-dollar entry into Utah’s Uinta Basin, an unusual move that nonetheless adds scale to the company’s Eagle Ford Shale and Permian Basin operations.

Aussie Shale’s Tamboran Resources Prices IPO in Range but for Fewer Shares

Among those buying the Australian shale-gas developer’s pre-trade shares were U.S. wildcatter Bryan Sheffield and completions pressure-pumper Liberty Energy.