Williston

Company Profiles , Acquisitions & Divestitures , Trends

Executive Q&A: Northern CEO Nick O’Grady and the Zen of A&D

Following a recent $170 million Williston acquisition, Northern Oil and Gas CEO Nick O’Grady weighed in on Bakken versus Permian M&A, the impact of inflation on deals and the dealmaker’s mantra of being ‘OK to lose.’

June 15, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of June 15, 2022

Here’s a snapshot of recent energy deals including Devon Energy’s $856 million bolt-on acquisition of RimRock Oil and Gas in the Bakken plus BP’s exit from the Canadian oil sands.

June 15, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of June 15, 2022)

Here’s a quicklist of oil and gas assets on the market EOG Resources Wolfcamp Shale assets in Loving County, Texas, plus a Grace Petroleum operated package in the Permian Basin.

June 15, 2022

Public Capital , Shale Plays , Acquisitions & Divestitures

Harold Hamm Launches $4.4 Billion Cash Offer to Take Continental Resources Private

Harold Hamm, an industry icon who helped lead the charge to lift America’s 40-year-old ban on U.S. crude oil exports, founded Continental Resources in 1967 at the age of 21.

June 14, 2022

Public Capital , Shale Plays , Acquisitions & Divestitures

Devon Energy’s RimRock Acquisition Highlights Value Outside Permian Basin

The RimRock transaction, which adds at least 100 locations, should enable Devon Energy to keep production flat in the Williston Basin for the next 4-5 years, Goldman Sachs said.

June 13, 2022

Lease Sales

Marketed: Ballantyne Oil Operated Williston Basin WI Opportunity

Ballantyne Oil LLC retained Eagle River Energy Advisors LLC to divest certain operated working interest assets within the Williston Basin in Bottineau County, North Dakota.

June 10, 2022

Public Capital , Exploration & Production , Shale Plays

Hess Shares Strategy Behind Diverse Asset Portfolio

Hess CEO John Hess, who said the U.S.-based oil producer is “not interested in M&A right now,” shares the key to sustainable production growth from the Bakken shale play to the Guyana-Suriname hotspot.

June 9, 2022

Business , Shale Plays , Mergers

Devon Energy Acquires RimRock Oil and Gas in $865 Million Bolt-on

Devon Energy agreed to acquire the leasehold interest and related assets of RimRock Oil and Gas, a Warburg Pincus portfolio company focused in the Williston Basin.

June 8, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of June 8, 2022

Here’s a snapshot of recent energy deals including a $170 million Williston Basin bolt-on and Intrepid-backed Rio Grande E&P finds an exit.

June 8, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of June 8, 2022)

Here’s a quicklist of oil and gas assets on the market a Permian Basin Yates Field stake plus Cavallo Mineral Partners Appalachia interests.

June 8, 2022