This is your Hart Energy LIVE A&D Minute, powered by the sixth annual Influential Women in Energy Networking Luncheon event on Feb. 7 in Houston.
Northern Oil and Gas has been on a roll since early December and claims to have set the stage for substantial growth in 2023, even with lower commodity prices after closing three transactions for nearly $650 million, with the latest being an upsized deal in the Midland Basin’s Mascot Project.
Word on the street is that a Tokyo Gas subsidiary is in advanced talks to buy U.S. natural gas producer Rockcliff Energy from private equity firm Quantum Energy Partners for about $4.6 billion, including debt.
And Chord Energy, which primarily operates in the Williston Basin, is selling off more than 46,000 acres across the U.S. Click here to see where. The package offers 46 new drill development opportunities and 1,660 wells with about a quarter of them operated.
That’s your Hart Energy LIVE A&D Minute, powered by the Influential Women in Energy Luncheon Gala. Save your seat Feb. 7 for the premier women’s event of the year in Houston.
Watch new A&D Minute episodes every Wednesday, and sign up for our A&D Watch newsletter at hartenergy.com/deals.
Recommended Reading
Benchmark Closes Anadarko Deal, Hunts for More M&A
2024-04-17 - Benchmark Energy II closed a $145 million acquisition of western Anadarko Basin assets—and the company is hunting for more low-decline, mature assets to acquire.
‘Monster’ Gas: Aethon’s 16,000-foot Dive in Haynesville West
2024-04-09 - Aethon Energy’s COO described challenges in the far western Haynesville stepout, while other operators opened their books on the latest in the legacy Haynesville at Hart Energy’s DUG GAS+ Conference and Expo in Shreveport, Louisiana.
Mighty Midland Still Beckons Dealmakers
2024-04-05 - The Midland Basin is the center of U.S. oil drilling activity. But only those with the biggest balance sheets can afford to buy in the basin's core, following a historic consolidation trend.
Mesa III Reloads in Haynesville with Mineral, Royalty Acquisition
2024-04-03 - After Mesa II sold its Haynesville Shale portfolio to Franco-Nevada for $125 million late last year, Mesa Royalties III is jumping back into Louisiana and East Texas, as well as the Permian Basin.