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HartEnergy.com
Parsley To Acquire Jagged Peak In $2.3 Billion All-Stock Transaction
The acquisition of Jagged Peak will more than double Parsley Energy’s position in the Delaware Basin, where the companies expect to generate G&A savings of about $25 million within the first year.
New King Of North Sea Takes On Total, BP
This year, Chrysaor, will, according to some estimates, be the biggest oil and gas producer in the North Sea, rivaling Total and BP.
Analyst: Talos ‘Hanging With Big Dogs’ After GoM Deals
Recent deals with Exxon Mobil and BP suggest that major oil companies trust Talos’ judgment and skill as an operator in the Gulf of Mexico, an analyst says.
A&D Transactions From The Week Of Oct. 9, 2019
Here’s a snapshot of energy deals from the past week including the $1 billion all-cash acquisition of Roan Resources and Contango’s takeover of White Star Petroleum.
The Latest
Lease Sales
Marketed: Oklahoma Nonop Multiwell PDP Package
Oil & Gas Asset Clearinghouse is partnering with a private seller to market a wellbore only package in Oklahoma in McClain and Garvin counties with bids due Oct. 31.
October 15, 2019
Exploration & Production
Brazil Approves More Bidders For Upcoming Presalt Oil Auction Round
Norwegian Equinor ASA, Brazilian Enauta Participacoes SA, Compania Espanola de Petroleos S.A.U. and Petroleos de Portugal Petrogal SA, controlled by Galp Energia SGPS SA, are joining the bidders.
October 15, 2019
Lease Sales
Marketed: Chevron Midland Basin Jo-Mill, Spraberry Fields
Chevron retained EnergyNet for the sale of an operated position in the Jo-Mill and Spraberry fields within the Permian's Midland Basin through a sealed-bid offering closing Nov. 7.
October 15, 2019
Lease Sales
Marketed: Copper Trail D-J Basin Mineral, Royalty Portfolio
Copper Trail Energy Fund I retained TenOaks Energy Advisors for the sale of certain mineral and royalty properties in the Denver-Julesburg (D-J) Basin
October 15, 2019
Lease Sales
Marketed: Merit Energy-Operated Wyoming Well Package
Merit Management Partners I retained EnergyNet for the sale of nonop Wyoming package located in Hot Springs County through a sealed-bid offering closing Oct. 23.
October 15, 2019
Acquisitions & Divestitures
Whiting Petroleum In Deal Talks With Abraxas Petroleum: Sources
Whiting Petroleum Corp., an oil and gas producer with operations in North Dakota and Colorado, is in deal talks with San Antonio-based Abraxas Petroleum Corp. , two people familiar with the matter told Reuters.
October 14, 2019
Lease Sales
Marketed: Core Delaware Basin Nonop Asset, Ward County, Texas
Rio Oil and Gas II retained Detring Energy Advisors for the sale of a core Delaware Basin asset in Ward County, Texas, operated by Chevron in an offering closing Nov. 20.
October 14, 2019
Public Capital
Parsley To Acquire Jagged Peak In $2.3 Billion All-Stock Transaction
The acquisition of Jagged Peak will more than double Parsley Energy’s position in the Delaware Basin, where the companies expect to generate G&A savings of about $25 million within the first year.
October 14, 2019
Exploration & Production
Energean Oil To Sell Edison E&P’s North Sea Assets
Energean, which is focused in the Mediterranean, will sell Edison E&P’s U.K. and Norwegian units for $250 million, with additional cash contingent consideration of up to $30 million.
October 14, 2019
Lease Sales
Marketed: Permian Basin Asset, Lea County, New Mexico
EverQuest Energy retained EnergyNet for the sale of a Permian Basin asset located in Lea County, N.M., through an auction closing Oct. 16.
October 14, 2019