Diamondback Energy, which closed its $26 billion merger with Endeavor Energy Resources on Sept. 13, said the gross proceeds from the share’s sale will be approximately $2.2 billion.
Matador Resources will offer $750 million in senior notes following the close of its $1.83 billion Ameredev II acquisition.
From LNG to direct air capture, Chris Ashton, CEO of Worley, said economic incentives aren’t “on a pace and scale that are necessary for us to move things forward.”
Permian Basin producer Battalion Oil agreed to an updated proposal to be acquired by Fury Resources for $7 per share in cash after an initial offer last year of $9.80 per share.
Matador Resources’ $1.83 billion bolt-on acquisition of the Delaware Basin’s Ameredev II adds 33,500 acres and brings the company’s inventory to approximately 2,000 net locations.
International commodities trading house Vitol sees growing demand for U.S. shale gas to spur LNG exports to China, India and emerging economies in Asia.
Analysis by Evercore ISI shows approved well permits in the Permian Basin, Marcellus and Eagle Ford shales and the Bakken were up month-over-month and compared to 2023.
Moss Lake Partners has selected British engineering firm Wood to design the 645-mile DeLa Express pipeline.
Dorchester Minerals agreed to buy Permian Basin interests in the Midland and Delaware basins for roughly $215 million, based on its Sept. 16 unit price.
Rising Phoenix Minerals CEO Jace Graham said his boutique firm isn’t getting any bigger: The company doesn’t need a squad of infantry when “we’ve got a team of snipers.”