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From Bakken to Haynesville: Riverbend Sells Nonop Assets for $1.8 Billion
2022-06-16 - Riverbend Energy Group had assembled the nonop acreage since 2016 through three funds; it retains assets in the Permian’s southern Midland Basin.
Drilling Versus Returns: US Oil Producers’ Tradeoff as Windfall Tax Threatens
2022-06-13 - But a windfall tax would kill the incentive to drill more, said oil executives, and take away some of the earnings that fund new technology advances that led to the U.S. shale revolution.
Hedge Fund Elliott Chases Oil and Gas Deals, Bucking Wall Street
2022-06-01 - Each shale basin has different economics, but were oil prices to remain above $100/bbl, investment bankers estimate that Elliott could score investment gains of more than 80%.
PE Grinds Out Deals While Public E&Ps Struggle With Volatility
2022-07-14 - The Permian Basin remained the “deal engine” of Lower 48 M&A in the second quarter with $5.5 billion in transactions, according to an Enverus report.
Harold Hamm Launches $4.4 Billion Cash Offer to Take Continental Resources Private
2022-06-14 - Harold Hamm, an industry icon who helped lead the charge to lift America’s 40-year-old ban on U.S. crude oil exports, founded Continental Resources in 1967 at the age of 21.