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.
2023-02-03 - Today’s featured 25 Influential Women in Energy honoree is Rachel Schelble, head of corporate carbon management and infrastructure at Wood Mackenzie.
2023-02-03 - This week, the U.S. oil rig count dropped 10 to 599, while the gas rig count slipped two to 158, according to oilfield services firm Baker Hughes.
2023-02-03 - Along with Joelson Falcao as head of E&P, Petrobras CEO Jean Paul Prates has also appointed William Franca as head of refining and natural gas and Claudio Schlosser as head of commercial and logistics.
2023-02-03 - Here’s a look at some of this week’s renewable energy news, including a hydrogen partnership between Exxon Mobil and Technip Energies and a ramp up in production from green hydrogen producer Linde Plc.
2023-02-03 - The EU's ban on Russian refined products will begin Feb. 5 with Russia saying it will unbalance markets.