Acquisitions & Divestitures
Private Equity , Shale Plays , Acquisitions & Divestitures
Colgate Launches Debt Offering to Fund Occidental Permian Asset Deal
Colgate Energy priced the offering of $500 million new senior unsecured notes due 2029, increased from the originally proposed $400 million, at par.
Public Capital , Acquisitions & Divestitures
Northern Oil & Gas Boosts Permian Position with $102 Million Acquisitions
The acquisition of nonoperated interests across core Permian Basin acreage represents the “trifecta” for Northern Oil and Gas, says COO Adam Dirlam.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of June 16, 2021
Here’s a snapshot of recent energy deals including Occidental Petroleum’s $508 million asset sale in the Permian Basin plus an Eagle Ford deal by Earthstone Energy.
Business , Digital Oilfield , Acquisitions & Divestitures
Enverus Acquires Largest Provider of Title Plant Access in Texas, New Mexico
Enverus’ acquisition of Integrity Title comes roughly a week after the company closed on a recent investment made through the sale of majority ownership to Hellman & Friedman.
Public Capital , Shale Plays , Acquisitions & Divestitures
Shell’s Potential Permian Basin Exit Seen as Bellwether for Shale Demand
The potential sale of Shell’s Permian holdings, located in Texas, would be a litmus test of whether rivals are willing to bet on shale’s profitability through the energy transition to reduce carbon emissions.
People , Acquisitions & Divestitures
Energy Dealmaker Eddy Daniels Joins McGuireWoods’ M&A Practice
Edmund “Eddy” Daniels joins McGuireWoods’ Houston office from Haynes and Boone with significant experience in senior leadership roles at major energy companies and financial firms.
Technology , Acquisitions & Divestitures
Proserv Continues Expansion with Middle Eastern Acquisition
The acquisition of the Middle Eastern business of U.K.-based industrial equipment supplier Dron & Dickson widens Proserv’s service offering in the region, where it recently opened a state-of-the-art new facility in Abu Dhabi.
Public Capital , Shale Plays , Acquisitions & Divestitures
Shell Reportedly Considering Sale of Permian Basin Position
Shell’s Permian Basin position could be worth over $10 billion, according to the sources in a Reuter report.
Public Capital , Shale Plays , Acquisitions & Divestitures
Earthstone Adds Eagle Ford to Consolidation Strategy with Acquisition
In the independent energy company’s latest deal, Earthstone Energy agreed to the acquisition of working interests in assets the company operates in the Eagle Ford Shale located from four separate sellers.
Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers
Canadian E&P Consolidation Continues with Billion-dollar Montney Merger
Tourmaline Oil’s agreement on June 11 to acquire Montney operator Black Swan Energy continues a trend in the Canadian energy sector, which has seen a flurry of mergers between oil and gas producers within the past year.