A&D DEAL SHEET

Sector

Date
Announced

Buyer

Seller

Value
(US$MM)

Comments

E&P

1/28/20

BCE-Mach LLC; Mach Resources LLC; Bayou City Energy Management LLC

Alta Mesa Resources Inc.; Kingfisher Midstream LLC

$320

To buy substantially all of the assets of Alta Mesa Resources and its midstream subsidiary, Kingfisher Midstream, through bankruptcy sale processes; includes 130,000 net-acre OK Stack Play position (90% HBP) and 30,000 boe/d of production (67% liquids). (Expected to close February)

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E&P

1/31/20

Equinor ASA; Royal Dutch Shell Plc

Schlumberger Ltd.

$355

Purchased Schlumberger's 49% interest in the Bandurria Sur onshore block in Argentina's Vaca Muerta Shale play through a joint acquisition.

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E&P

1/31/20

Equinor ASA; Royal Dutch Shell Plc

YPF SA

N/A

To acquire 11% interest in the Bandurria Sur onshore block in Argentina's Vaca Muerta Shale play.

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Mid

2/4/20

Black Diamond Gathering LLC (Noble Midstream Partners LP; Greenfield Midstream LLC)

Magellan Midstream Partners LP; Plains All American Pipeline LP; Western Midstream Partners LP

$155

Acquired 20% in the Saddlehorn Pipeline, which transports crude oil and condensate from the D-J and Powder River basins to Cushing, OK.

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Source: HartEnergy.com

For more up-to-date information on the latest deals visit Hart Energy’s online database of transactions.