Darren
Barbee
Oil and Gas Investor
Oil and Gas Dealmaking Outlook: M&A Gone Mild
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.
Water Midstream Consolidation Trends Likely to Continue
With returns in question, oil and gas operators look to divest cost-prohibitive operations.
On the Market Oil and Gas Quicklist (Week of March 25, 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.
A&D Trends: Cash Incinerator
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.
The Latest
Lease Sales
Marketed: Producing Permian Royalties in Pioneer-operated Wells
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.
April 3, 2020
Investment
Navigating Low Oil: Proactive Actions for E&Ps
Although the industry learned a lot during the last downcycle, oil and gas companies won’t have the same access to capital in the latest slump and will likely only be able to invest the cash they generate.
April 3, 2020
Lease Sales
Marketed: HVI Cat Canyon California Oil Properties
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.
April 2, 2020
Acquisitions & Divestitures
Enbridge Sells Ozark Natural Gas System to Black Bear
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.
April 2, 2020
Exploration & Production
Brazil’s ANP Suspends Oil, Gas Bidding Rounds Due To Coronavirus
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.
April 2, 2020
Public Capital
Oil and Gas Dealmaking Outlook: M&A Gone Mild
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.
April 1, 2020
Acquisitions & Divestitures
Energy A&D Transactions from the Week of April 1, 2020
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.
April 1, 2020
Lease Sales
On the Market Oil and Gas Quicklist (Week of April 1, 2020)
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.
April 1, 2020
Public Capital
A&D Trends: Oil Industry Money Trouble
Lately, M&A is a mess. Oil and gas market dysfunction swirls as buyers hunt for PDP assets with discounts of PV-20 or higher on their minds.
April 1, 2020
Business
Consolidation Musings: E&P M&A Fantasies
E&P analysts weigh in on what makes a dream combo and whether the oil and gas majors will play.
April 1, 2020