Crestwood agreed on May 25 to acquire Sendero Midstream Partners in the Delaware Basin, “prudently financed” with cash proceeds from the sale of Crestwood’s legacy Barnett Shale position to EnLink Midstream.
Here’s a snapshot of recent energy deals including the combination of Colgate Energy and Centennial Resource Development in a $7 billion “merger of equals” transaction plus Exxon Mobil’s exit from the Barnett.
While the volatility in commodity prices makes its exact valuation uncertain, BKV Corp. may be worth up to $2 billion, including debt, when it lists, sources say.
Here’s a quicklist of oil and gas assets on the market including Red Sky Resources SCOOP/Merge/STACK nonop assets plus a Endeavor Energy Resources 140 well package in Kansas.
Here’s a quicklist of oil and gas assets on the market including Winright Resources western Anadarko Basin properties in the Texas Panhandle plus a Black Bear Oil & Gas Bakken Shale / Three Forks opportunity.
Here’s a quicklist of oil and gas assets on the market including Stronghold Energy II Central Basin Platform divestiture plus the sale of Parallel Petroleum and its position primarily in the Central Basin Platform and Eastern Shelf areas of the Permian Basin.
TIPRO membership has confirmed Jud Walker, currently president and CEO of Houston-based EnerVest, as the next chairman to lead the association.
Here’s a quicklist of oil and gas assets on the market including Bright Rock Energy Uinta Basin asset packages, a Finley Resources operated Barnett Shale opportunity plus Gulf Coast East Basin operations for sale
Finley Resources Inc. retained EnergyNet for the sale of an operated Barnett Shale opportunity lcoated in Hill and Tarrant counties, Texas.
Here’s a quicklist of oil and gas assets on the market including GRP Energy Capital multibasin mineral and royalty package, Costa Energy Salt Flat Field legacy oil opportunity and a Rocky Creek Resources Eagle Ford asset.