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.
Here’s a quicklist of oil and gas assets on the market including interest in an Extraction Oil & Gas-operated well in Colorado’s Larimer County plus a minerals position in the core of the Eagle Ford Shale.
Just a couple of months into the year, M&A for the upstream oil and gas sector already looks to be in for a rough 2016. You remember 2016.
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.
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.
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.
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.
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.
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.