The Latest

Business

Oil and Gas Investor A&D Trends: A&D Relapse

If dealmakers can get over the past year, with its misery as treacherous and deep as a river of mud, they may find a promising market in the months ahead.

April 16, 2021

Lease Sales

Marketed: Cross Plains Energy Partners Nonoperated Delaware Basin Properties

CPEP Management, an affiliate of Cross Plains Energy Partners, retained TenOaks Energy Advisors in connection with the potential sale of certain cash-generating wellbore-only properties located in the Delaware Basin.

April 16, 2021

Business

Golden Gate Capital Launches Infrastructure Platform, Buys Waterfield Midstream Assets

Stonehill Environmental Partners to provide water pipeline disposal and recycling infrastructure solutions.

April 16, 2021

Exploration & Production

Trafigura Agrees to Buy Sonangol’s Stake in Puma Energy for $600 Million

Trafigura and Puma Energy said in a joint statement on April 16 that Puma had also agreed to sell its Angolan business and assets to Sonangol for $600 million.

April 16, 2021

Lease Sales

Marketed: Unit Petroleum Oklahoma Waterflood Properties

Unit Petroleum Co. retained BOK Financial Securities for the sale of producing operated waterflood and related properties in southwest Oklahoma County, Oklahoma.

April 15, 2021

Public Capital

Woodside, Santos Investors Reject Oil and Gas Wind-up Resolution

Almost one-fifth of votes cast ahead of Woodside Petroleum’s annual meeting and 13% of votes of Santos were in favor of the resolution proposed by shareholder activist group pushing the company to get out of oil and gas.

April 15, 2021

Lease Sales

Marketed: EnCore Permian Operated Leasehold, Minerals Opportunity

EnCore Permian Holdings LP retained PetroDivest Advisors for the sale of certain leasehold and producing properties located in the Permian Basin in Upton, Howard and Pecos counties, Texas.

April 14, 2021

Acquisitions & Divestitures

Energy A&D Transactions from the Week of April 14, 2021

Here’s a snapshot of recent energy deals including a $312 million sale by Hess in the Bakken plus Saudi Aramco signs a $12.4 billion pipeline deal.

April 14, 2021

Lease Sales

On the Market Oil and Gas Quicklist (Week of April 14, 2021)

Here’s a quicklist of oil and gas assets on the market including the sale of Chevron’s Eunice/Hobbs asset in the Permian Basin plus a rural D-J Basin JV opportunity and Legacy Reserves Permian ORRI portfolio.

April 14, 2021

Lease Sales

Marketed: Legacy Resources Permian Basin ORRI Portfolio

Legacy Reserves LP retained TenOaks Energy Advisors and Barclays in connection with the potential sale of a portfolio of overriding royalty interests spanning active development areas in the Delaware and Midland basins in the Permian.

April 14, 2021