The Latest

Lease Sales

Marketed: Ridge Runner Resources Wolfcamp Shale Permian Basin Assets

Ridge Runner Resources Operating retained EnergyNet for the sale of a Wolfcamp Shale opportunity in the Permian Basin through a sealed-bid offering comprised of properties located in New Mexico’s Lea County.

September 25, 2020

Public Capital

Blackstone Sells Stake in Cheniere Energy Partners Valued at $7 Billion

The sale of the approximately 42% stake in Cheniere Energy Partners represented the culmination of Blackstone’s involvement with the Houston-based LNG producer.

September 24, 2020

Restructurings

Calfrac Rejects Wilks Brothers’ $20 Million Takeover Offer

Instead, Canada's Calfrac Well Services on Sept. 24 said it was sweetening its recapitalization plan to reduce debt.

September 24, 2020

Lease Sales

Marketed: Summit Discovery Operated Eagle Ford Shale Assets

Summit Discovery Resources retained RedOaks Energy Advisors as the exclusive adviser in connection with the sale of operated Eagle Ford assets in Karnes County, Texas.

September 24, 2020

Acquisitions & Divestitures

Energy A&D Transactions from the Week of Sept. 23, 2020

Here’s a snapshot of recent energy deals including the $115.5 million sale of Permian Basin operator Approach Resources through a bankruptcy auction plus a new JV targeting the Wolfcamp Shale.

September 23, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of Sept. 23, 2020)

Here’s a quicklist of oil and gas assets on the market including the sale of producing mineral and royalty interests in Karnes County, Texas, plus a Wagner Oil package of certain South and East Texas properties.

September 23, 2020

Lease Sales

Marketed: Woodford Shale Package, Pecos and Terrell Counties, Texas

Brahman Resource Partners retained EnergyNet for the sale of a Woodford Shale package in West Texas through a sealed-bid offering closing Oct. 7.

September 23, 2020

Public Capital

Siemens Sees Market Value of Energy Spinoff above $20 Billion

Siemens is selling off the business, which has been hit by a collapse in demand and changing energy policies, to focus on smart buildings, mobility and factory automation.

September 23, 2020

Restructurings

Opinion: Rising Bankruptcy Toll Shows US Oil Patch Is Not ‘OK Now’

Business failures pile up despite Donald Trump trumpeting the oil and gas sector’s recovery.

September 22, 2020

Lease Sales

Marketed: Producing Royalty Assets, Karnes County, Texas

Bellatorum Phalanx Investments retained EnergyNet for the sale of producing mineral and royalty interests in a five-well package located in Karnes County in South Texas through an auction closing Oct. 6.

September 21, 2020