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DoublePoint Energy LLC

Transactions

Report Date Amount (MM) Description
2021-05-04 $6,400.00

Pioneer Natural Resources to Buy DoublePoint in $6.4 Billion ‘Bolt-on Acquisition’

Pioneer Natural Resources to Buy DoublePoint in $6.4 Billion ‘Bolt-on Acquisition’

Report Date Amount (MM) Description
2018-06-05 --

FourPoint, Double Eagle To Form Midland Basin Pure-Play

FourPoint, Double Eagle To Form Midland Basin Pure-Play

Report Date Amount (MM) Description
2018-06-05 --

FourPoint, Double Eagle To Form Midland Basin Pure-Play

FourPoint, Double Eagle To Form Midland Basin Pure-Play

2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

This content is locked until you subscribe

2100-10-01 $000.00

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New Financings

Report Date Type Amount (MM) Description
2020-04-06 DoublePoint Energy LLC Debt --

DoublePoint Energy LLC announced the successful increase of its syndicated credit facility. This…

2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

This content is locked until you subscribe

2100-05-23 Transaction $888.88

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Locked Data

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Instantly unlock over 15 years of A&D transactions and financing data.

News

Pioneer’s Latest Acquisition to Help Alleviate Concerns of Another Shale Drilling Binge

The acquisition of privately held oil and gas companies by mature operators, like Pioneer Natural Resources’ recent multibillion-dollar agreement to acquire DoublePoint Energy, should help alleviate concerns that U.S. shale could again oversupply the market and crash prices, says analyst.

Pioneer Natural Resources to Buy DoublePoint in $6.4 Billion ‘Bolt-on Acquisition’

Pioneer Natural Resources said the acquisition of DoublePoint Energy will increase Pioneer’s acreage position to greater than 1 million net acres in the Permian Basin with no exposure to federal lands.

Pinnacle Midstream II to Build New Permian Gas Gathering System Anchored by DoublePoint

In addition to supporting the extensive multiwell pad development taking place in the Midland Basin, Pinnacle Midstream II said the gas gathering system, named Pinnacle Dos Picos, was designed with expansion in mind.

DoublePoint Energy Gets Capital Boost to Pursue Permian Basin Opportunities

John Sellers, co-CEO, noted how the additional RBL capacity paired with the company’s undrawn equity commitment will allow DoublePoint Energy “to play offense” in the down market.