This is your Hart Energy A&D Minute with Jordan Soto and powered by A&D Strategies and Opportunities Conference.
Continental Resources founder, Harold G. Hamm, agreed to a $4.3 billion cash acquisition of the company which would take the U.S. shale giant private. Cowen analyst David Deckelbaum claims that as a private company, Continental should have “greater freedom to operate, particularly in areas such as exploration.”
BP boosted its U.S. biogas presence with a $4.1 billion acquisition of Houston-based renewable natural gas (RNG) producer Archaea Energy, whose development pipeline is expected to support about a fivefold increase in BP’s RNG volumes by 2030.
Diamondback Energy announced a $1.6 billion deal to buy FireBird Energy, which would be its first E&P acquisition since March 2021, the deal is a reminder that even one of the Permian Basin’s largest independents is constantly on the lookout for replacement inventory.
That’s your Hart Energy A&D Minute powered by A&D Strategies and Opportunities Conference learn who’s buying, hot shale plays, energy consolidation, federal dollars and coming regulations on Oct. 26 in Dallas.
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2022-09-12 - A Coast Guard spokesperson identified the natural gas pipeline involved as the TOCA LINE, operated by Third Coast High Point Gas Transmission LLC.