Acquisitive Public Minerals, Royalty Firms Shift to Organic Growth
Building diverse streams of revenue is a key part of growth strategy, executives tell Oil and Gas Investor.
Black Gold, LGX Find Multiple Pay Zones in Western Indiana
Black Gold Exploration Corp. and LGX Energy Corp. are working to start production at the Fritz 2-30 oil and gas well in Indiana within 60 days.
Matador Exits Eagle Ford Shale, Preps for ‘Turbulent Times’
Matador Resources Co. divested its Eagle Ford Shale assets “in preparation for turbulent times” but doesn’t expect tariffs to affect well costs until the second half of 2025.
Oklahoma E&P Canvas Energy Explores Midcon Sale, Sources Say
Canvas Energy, formerly Chaparral Energy, holds 223,000 net acres in the Anadarko Basin, where M&A has been gathering momentum.
Appalachia, Haynesville Minerals M&A Heats Up as NatGas Prices Rise
Several large Appalachia and Haynesville minerals and royalties packages are expected to hit the market as buyer interest grows for U.S. natural gas.
Sitio Fights for its Place Atop the M&R Sector
The minerals and royalties space is primed for massive growth and consolidation with Sitio aiming for the front of the pack.
ConocoPhillips Shopping Marathon’s Anadarko Assets for $1B— Source
ConocoPhillips is marketing Anadarko Basin assets it picked up through a $22.5 billion acquisition of Marathon Oil last year, Hart Energy has learned.
Diamondback Energy Closes $4.1B Double Eagle IV Acquisition
Diamondback Energy Inc. closed on its approximately $4.1 billion deal to buy EnCap Investments’ Double Eagle IV, adding approximately 40,000 net acres in the Midland Basin to its portfolio.
SM Energy Marries Wildcatting and Analytics in the Oil Patch
As E&P SM Energy explores in Texas and Utah, Herb Vogel’s approach is far from a Hail Mary.
Waterous Raises $1B PE Fund for Canadian Oil, Gas Investments
Waterous Energy Fund (WEF) raised US$1 billion for its third fund and backed oil sands producer Greenfire Resources.