The Latest

Lease Sales

Marketed: Producing Permian Royalties in Pioneer-operated Wells

Caddo Minerals retained EnergyNet for the sale of producing mineral and royalty interests within the Permian Basin in Martin County, Texas, through an auction closing April 16.

April 3, 2020

Investment

Navigating Low Oil: Proactive Actions for E&Ps

Although the industry learned a lot during the last downcycle, oil and gas companies won’t have the same access to capital in the latest slump and will likely only be able to invest the cash they generate.

April 3, 2020

Lease Sales

Marketed: HVI Cat Canyon California Oil Properties

HVI Cat Canyon Inc. (HVICC) retained TenOaks Energy Advisors for the sale certain conventional oil properties located in the North Belridge Field of California's San Joaquin Valley.

April 2, 2020

Acquisitions & Divestitures

Enbridge Sells Ozark Natural Gas System to Black Bear

Enbridge sold a natural gas pipeline transportation and gathering system in the southeastern U.S., according to Black Bear Transmission, which said it had acquired the assets for an undisclosed amount.

April 2, 2020

Exploration & Production

Brazil’s ANP Suspends Oil, Gas Bidding Rounds Due To Coronavirus

In a press release, the ANP said its action followed the Mines and Energy Ministry’s decision to suspend pre-auction procedures such as the drafting of documents and contracts in light of the current economic uncertainty.

April 2, 2020

Public Capital

Oil and Gas Dealmaking Outlook: M&A Gone Mild

In a market environment where buyers and sellers are at odds over price and the public market is openly hostile to deals, E&P shoppers may sit out an uncertain 2020.

April 1, 2020

Acquisitions & Divestitures

Energy A&D Transactions from the Week of April 1, 2020

Here’s a snapshot of energy deals from the past week including the sale of Ovinitv properties in the Williston Basin plus a $100 million dropdown of a gathering system in the Permian Basin.

April 1, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of April 1, 2020)

Here’s a quicklist of oil and gas assets on the market including producing Noble Energy assets located in various Texas counties plus an Olifant Energy Austin Chalk and Eagle Ford Shale package.

April 1, 2020

Public Capital

A&D Trends: Oil Industry Money Trouble

Lately, M&A is a mess. Oil and gas market dysfunction swirls as buyers hunt for PDP assets with discounts of PV-20 or higher on their minds.

April 1, 2020

Business

Consolidation Musings: E&P M&A Fantasies

E&P analysts weigh in on what makes a dream combo and whether the oil and gas majors will play.

April 1, 2020