The Latest

Public Capital

Unit Corp. Seeking $1 Billion Sale of Anadarko, Gulf Coast Gas Assets

Unit Corp., which filed for bankruptcy in May 2020 at the height of a slump in oil prices, has reached out to interested parties for a divestiture of its upstream subsidiary Unit Petroleum Co., sources say.

January 21, 2022

Lease Sales

Marketed: Samson Oil and Gas Williston Basin Acquisition Opportunity

Samson Oil and Gas USA Inc. retained BOK Financial Securities for the sale of producing properties in Montana and North Dakota in the Williston Basin.

January 20, 2022

Lease Sales

Marketed: Ichor Energy Operated Conventional Oil Assets

Ichor Energy LLC retained Stephens Inc. for the sale of its operated conventional oil assets primarily located near the Texas-Louisiana border in the Hackberry reservoirs.

January 20, 2022

Shale Plays

Chesapeake Reportedly Nears $2.4 Billion Deal to Buy Chief Oil & Gas

If completed, it would be the second acquisition that Chesapeake has made since February 2021, when it emerged from one of the largest oil and gas producer bankruptcies of recent years.

January 20, 2022

Shale Plays

Continental Resources Boosts Its Powder River Footprint

Continental Resources recently completed a “follow up” deal in the Powder River Basin, CEO Bill Berry said in an exclusive interview.

January 19, 2022

Digital Oilfield

Novi Labs Acquires Energy Data Analytics Provider ShaleProfile

The deal will see Novi Labs fully integrate ShaleProfile’s data aggregation pipeline with its AI-driven modeling and forecasting software.

January 19, 2022

Acquisitions & Divestitures

Energy A&D Transactions from the Week of Jan. 19, 2022

Here’s a snapshot of recent energy deals including the $1.9 billion merger of Falcon Minerals with privately held Desert Peak plus Clearfork bags its first deal after a $400 million equity commitment.

January 19, 2022

Lease Sales

On the Market Oil and Gas Quicklist (Week of Jan. 19, 2022)

Here’s a quicklist of oil and gas assets on the market including TRP Energy SCOOP/MERGE working interest plus a Powder River Basin regional exit by Team Operating.

January 19, 2022

Shale Plays

Legacy Reserves Markets Permian Basin, Haynesville Shale Assets, Sources Say

Legacy Resources has hired an investment bank to run the sale process for the assets in the Permian Basin and Haynesville Shale and is valuing them at around $800 million, sources say.

January 19, 2022

Private Equity

Clearfork Midstream Bags First Deal after $400 Million Equity Commitment

Clearfork Midstream agreed to acquire Azure Midstream Energy, which has a natural gas gathering and treating platform spanning the core areas of the Haynesville Shale formation.

January 18, 2022