Midcontinent
Transactions , Acquisitions & Divestitures
Foothills Exploration Acquires 545 Wells in Kansas, Oklahoma
Foothills Exploration’s acquisition of Jubilee Exploration adds 545 wells to its U.S. Midcontinent inventory across Oklahoma and Kansas.
Lease Sales
Marketed: Diversified Energy Custer County, Oklahoma Opportunity
Diversified Energy Co. retained EnergyNet for the sale of a working interest participation option in the Collins "6" OA #2H located in Custer County, Okla
Investment , Exploration & Production , Acquisitions & Divestitures , NAPE
Devon Energy CEO Rick Muncrief Shares Secrets of Successful A&D
Devon Energy’s chief executive revealed the formula that made the firm’s merger with WPX Energy work.
Private Equity , Midstream
Intensity Infrastructure Partners Secures Equity Backing from EIV Capital
In February, EIV Capital raised $702 million in funding and said it had more than $900 million to deploy into new investments.
Acquisitions & Divestitures , Trends , Mergers
Strange Brew: 2022 M&A Neared Two-decade Low, but Large-cap E&Ps Sitting Pretty
Despite large-cap publics such as Devon Energy, Diamondback and Marathon Oil dominating M&A in 2022, the overall deal count fell to the lowest level since 2005, according to Enverus.
Lease Sales
Marketed: SNR Operating Kansas WI Operated Properties
SNR Operating LLC retained RedOaks Energy Advisors as its exclusive advisor in connection with the sale of an operated working interest in certain operated properties in Sumner and Cowley counties, Kansas.
Lease Sales
Marketed: Quadrille Energy Co 154 Non-op Property Package
Quadrille Energy Co. LLC retained EnergyNet for the sale of a 154 non-operated WI and ORRI property package located across various counties in Oklahoma.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Jan. 11, 2023
Here’s a snapshot of recent energy deals including Northern Oil & Gas (NOG) closed on an upsized acquisition of working interests in Midland-Petro D.C. Partners LLC and Phillips 66 $3.8 billion deal with DCP Midstream LP.
Lease Sales
Marketed: Merced Capital Diversified Non-Operated Lower 48 Assets
Merced Capital has retained Detring Energy Advisors to market for sale its diversified non-operated wellbore-only producing assets located across six of the most prominent basins across the Lower 48.
Lease Sales
Marketed: Foundation Energy Fund III-A 441-Property Package
Foundation Energy Fund III-A LP et al retained EnergyNet for the sale of a non-operated, WI, RI and ORRI 441-property package located in various counties in Arkansas and Oklahoma.