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Denbury Resources Scraps Merger With Eagle Ford Producer Penn Virginia
Denbury Resources and Penn Virginia mutually agreed to terminate their merger after the $1.7 billion cash-and-stock transaction faced difficult market conditions and shareholder opposition.
Equinor Exits Bakken Shale in $900 Million Sale to EnCap-backed Firm
Grayson Mill Energy, a Houston-based E&P company backed by EnCap Investments, will acquire Equinor’s interests in the Bakken field for a total consideration of around $900 million.
Energy Transfer to Acquire Enable Midstream in $7.2 Billion All-stock Deal
The all-equity transaction for Enable Midstream, valued at about $7.2 billion including debt, comes weeks after a U.S. appeals court dealt a blow that could shut down the Dakota Access crude pipeline operated by Energy Transfer.