Here’s a snapshot of recent energy deals including Northern Oil and Gas’ expansion into the Marcellus Shale with a $250 million acquisition from India’s Reliance plus Japanese trading house Sumitomo’s U.S. shale exit.
High-volume Gulf of Mexico discovery by Shell, XTO Energy Midland Basin-Wolfcamp completion plus results from four extended-lateral Permian wells in New Mexico’s Eddy County top this week’s drilling activity highlights from around the world.
Here’s a snapshot of recent energy deals including a $420 million acquisition in the Midland Basin by Surge Energy plus Tailwater Capital’s acquisition of Tall Oak II, III from EnCap Flatrock Midstream.
Marathon Oil CEO Lee Tillman says it is imperative that the company and the oil and gas industry address the “dual challenge of meeting the world’s growing energy demand while also responding to the risk of climate change.”
As part of its acquisition of Tall Oak III, Tailwater Capital said it will merge the company’s assets with Tailwater’s existing portfolio company in the Midcontinent region, Connect Midstream, with the Tall Oak team assuming operatorship.
Here’s a quicklist of oil and gas assets on the market including a Vantage Petro Partners operated South Texas asset package plus an Ankor Gulf of Mexico offshore opportunity being marketed by Detring Energy Advisors and Oil & Gas Asset Clearinghouse.
Here’s a quicklist of oil and gas assets on the market including an Ankor Gulf of Mexico offshore opportunity plus RDV Resources SCOOP producing royalty interests and Barnett Shale legacy assets from The Miles Foundation.
RDV Resources Inc. retained Meagher Energy Advisors as its exclusive adviser to solicit offers for its producing overriding royalty interests within the SCOOP play in the Anadarko Basin.
SandRidge Energy’s credit pact with Enterprises, the New York-based holding company led by activist shareholder Carl Icahn, comprises $10 million revolving loan facility and $20 million term loan facility.
Here’s a quicklist of oil and gas assets on the market including multiple Ascent Resources packages in the core of the Utica Shale in Ohio plus royalty acreage operated by Endeavor Energy Resources in the Permian Basin.