This is Your Hart Energy Live A&D Minute powered by the Super DUG Conference and exhibition May 22-24.
International players continue to show interest in U.S. shale. VTX Energy Partners completed a southern Delaware Basin acquisition, which Enverus valued at between $1.5 and $2 billion. It's the latest in a number of high-profile shale deals by international companies, even as domestic buyers and sellers remain sidelined.
Superior Energy Services is mulling its options to boost shareholder value, including through M&A. We hear there are conversations with counterparties on potential merger acquisition opportunities. Will the drilling services provider find a buyer, or land another deal?
CorEnergy Infrastructure Trust Inc. retained an advisor to sell two natural gas midstream systems, claiming that the marketing process has “generated a number of highly interested and qualified participants.” The company plans to pay off debt with proceeds, but who will the buyer be?
That's your Hart Energy Live A&D Minute, powered by the Super DUG Conference and Exhibition May 22-24 in Fort Worth. Watch new A&D Minute episodes every Wednesday and sign up for our A&D Watch newsletter at hartenergy.com/transactions.
Recommended Reading
Plus 16 Bcf/d: Power Hungry AI Chips to Amp US NatGas Draw
2024-04-09 - Top U.S. natural gas producers, including Chesapeake Energy and EQT Corp., anticipate up to 16 Bcf/d more U.S. demand for powering AI-chipped data centers in the coming half-dozen years.
Turning Down the Volumes: EQT Latest E&P to Retreat from Painful NatGas Prices
2024-03-05 - Despite moves by EQT, Chesapeake and other gassy E&Ps, natural gas prices will likely remain in a funk for at least the next quarter, analysts said.
CNX Joins Crowd of Companies Cutting Back NatGas Production
2024-03-12 - Appalachian gas producer CNX Resources is reducing natural gas production in 2024 and announced delays for well completions on three shale pads.
Midstream Builds in a Bearish Market
2024-03-11 - Midstream companies are sticking to long term plans for an expanded customer base, despite low gas prices, high storage levels and an uncertain political LNG future.
Exclusive: Can NatGas Save the 'Fragile' Electric Grid?
2024-02-28 - John Harpole, the founder and president of Mercator Energy, says he is concerned about meeting peak electric demand and if investors will hesitate on making LNG export facilities investment decisions after the Biden administration's recent LNG pause, in this Hart Energy LIVE Exclusive interview.