Chesapeake Energy, once worth $35 billion, is flirting with bankruptcy in face of the coronavirus-driven crash.
EnerVest Energy Institutional Fund XII-WIB LP retained EnergyNet for the sale of an Appalachia asset package located in various counties in Ohio and Pennsylvania through an auction closing June 17.
The midstream sector may prove to be the energy industry’s best story in this black swan event as the global oil and gas business scrambles to respond to 2020’s unexpected shocks.
Here’s a snapshot of recent energy deals including the closing of the sale of ConocoPhillips’ Northern Australia business for nearly $1.4 billion.
The March market meltdown may have unnerved some oil and gas investors, but plenty of midstream projects either opened or moved forward.
The largest monthly decline occurred in the Williston Basin, where 50% of rigs were released, according to Enverus Rig Analytics for May.
Here’s a snapshot of recent energy deals including the closing of EQT’s $125 million asset sale in Appalachia to Diversified Gas & Oil.