(Source: Hart Energy; Shutterstock.com)
A&D DEAL SHEET
|
|||||
|
Sector |
Date |
Buyer |
Seller |
Value |
Comments |
|
E&P |
2/14/20 |
Undisclosed |
Lilis Energy Inc. |
$24.9 |
To buy about 1,185 undeveloped Permian Basin acres in Lea County, NM. |
|
E&P |
2/14/20 |
Undisclosed |
Riviera Resources Inc. |
$18.5 |
Purchased interests in properties located in the Overton Field of E TX. (PSA announced November; closed January) |
|
E&P |
2/14/20 |
Undisclosed |
Riviera Resources Inc. |
$4.5 |
Bought Riviera's remaining interests in properties located in the Drunkards Wash Field in the Uinta Basin. (PSA announced November; closed January) |
|
S&S |
2/18/20 |
Quorum Software |
EnergyIQ |
N/A |
Purchased EnergyIQ, a Denver-based provider of well master data management software applications. |
|
S&S |
2/21/20 |
Hunting Plc |
Enpro Subsea Ltd. |
$33 |
Acquired Enpro Subsea, a subsea production technology company based in Aberdeen, UK. |
|
Mid |
2/21/20 |
Phillips 66 Partners LP |
Phillips 66 co. |
$75 |
To acquire a 50% stake in the Liberty Pipeline, which will transport Rockies and Bakken crude oil production to Cushing, OK, through a dropdown transaction. (Expected to close March 2) |
|
Mid |
2/24/20 |
WaterBridge Resources LLC; Five Point Energy LLC |
Centennial Resource Development Inc. |
$225 |
To acquire Centennial's southern Delaware Basin produced water infrastructure in Reeves County, TX; includes $150 MM in upfront cash and additional $75 MM incentive payments over 3-year period. (Expected to close March) |
|
Source: HartEnergy.com |
|||||
For more up-to-date information on the latest deals visit Hart Energy’s online database of transactions.
Recommended Reading
TPH: Lower 48 to Shed Rigs Through 3Q Before Gas Plays Rebound
2024-03-13 - TPH&Co. analysis shows the Permian Basin will lose rigs near term, but as activity in gassy plays ticks up later this year, the Permian may be headed towards muted activity into 2025.
For Sale, Again: Oily Northern Midland’s HighPeak Energy
2024-03-08 - The E&P is looking to hitch a ride on heated, renewed Permian Basin M&A.
Gibson, SOGDC to Develop Oil, Gas Facilities at Industrial Park in Malaysia
2024-02-14 - Sabah Oil & Gas Development Corp. says its collaboration with Gibson Shipbrokers will unlock energy availability for domestic and international markets.
E&P Highlights: Feb. 16, 2024
2024-02-19 - From the mobile offshore production unit arriving at the Nong Yao Field offshore Thailand to approval for the Castorone vessel to resume operations, below is a compilation of the latest headlines in the E&P space.
E&P Highlights: Feb. 26, 2024
2024-02-26 - Here’s a roundup of the latest E&P headlines, including interest in some projects changing hands and new contract awards.