This is your Hart Energy LIVE A&D Minute powered by the sixth annual Influential Women in Energy Networking Luncheon event.
Chesapeake Energy’s long-anticipated sale of its Eagle Ford assets came with a twist - the buyers of their South Texas acreage are linked to the company that sold it to Chesapeake back in 2019. While Chesapeake has more to sell, this first deal will command more than $1.4 billion.
All settled in from last year’s merger, Permian Resources is buying and selling bite-sized pieces totaling $300 million. Tudor, Pickering and Holt analysts said the deals lay out a “potential blueprint for how the company could continue to create value through smaller-scale transactions via the M&A market in the future.”
After some M&A quiet time in the Haynesville, WhiteHawk Energy is on the move with an agreement to buy mineral and royalty assets for up to $105 million. Read more about it here.
And what’s private equity thinking about A&D in 2023? Click here to explore their thoughts at the first IPAA conference of the year.
That’s your Hart Energy LIVE A&D Minute powered by the Influential Women in Energy Luncheon Gala - save your seat before time runs out! Watch new A&D Minute episodes every Wednesday, and sign up for our A&D Watch newsletter at hartenergy.com/transactions.
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