U.S. gas producer Southwestern Energy Co. has entered a definitive merger agreement with Haynesville producer Indigo Natural Resources LLC to acquire Indigo for about $2.7 billion, the company said on June 2.
The deal, along with a May acquisition Louisiana, brings Diversified’s acreage in the region to about 300,000 net acres.
Here’s a snapshot of recent energy deals including EQT’s nearly $3 billion expansion in the Marcellus plus over $1 billion worth of transactions announced by Laredo Petroleum and Bonanza Creek’s merger with Extraction Oil & Gas.
Here’s a snapshot of recent energy deals including a Bakken deal between Oasis Petroleum and Diamondback Energy plus the sale of Hunt Oil’s Permian Basin asset in a transaction believed to be worth over $1 billion.
Diversified Gas & Oil has actively been evaluating a variety of regions to identify the optimal area to replicate its success in Appalachia Basin, which the company’s CEO says it has now found in its latest deal with Indigo Minerals.
Legacy Reserves Operating LP retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of certain East Texas properties.
Here’s a quicklist of oil and gas assets on the market including ORRI assets across the Williston and Powder River basins plus a package of Midcontinent properties from Meade Energy.
Here’s a quicklist of oil and gas assets on the market including a Blackbeard Operating Permian Basin divestiture comprised of certain Central Basin Platform properties plus Overland Oil & Gas D-J Basin, Bakken Shale well packages.