Acquisitions & Divestitures

Shale Plays , Acquisitions & Divestitures

NOG Closes Williston Basin Bolt-on Acquisition

The closing settlement was $158 million.

August 16, 2022

Public Capital , Shale Plays , Acquisitions & Divestitures

Brigham Minerals Steps Up Permian Ground Game While Mum on Possible Sale

Brigham Minerals partially redeployed the proceeds from a divestiture in the Anadarko Basin during the second quarter into debt reduction and its acquisition ground game in the Permian Basin.

August 12, 2022

Energy Transition , Acquisitions & Divestitures

Kinder Morgan Acquires North American Natural Resources

Increases RNG production and diversifies portfolio with landfill gas-to-power assets.

August 12, 2022

Shale Plays , Acquisitions & Divestitures

Earthstone Announces Closing of Titus Acquisition

Earthstone Energy's previously announced acquisition of Titus Oil & Gas' Delaware Basin assets will expand the company's acreage by 7,900 net acres.

August 11, 2022

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Aug. 10, 2022

Here’s a snapshot of recent energy deals including Devon Energy’s $1.8 billion cash acquisition of Eagle Ford Shale operator Validus Energy and a $555 million Permian Basin deal by Apache.

August 10, 2022

Exploration & Production , International , Acquisitions & Divestitures

Exxon Mobil’s Nigeria Asset Sale Hits Regulatory Hurdle

“The issue at stake is purely a regulatory matter and the commission had earlier communicated the decline of ministerial assent to Exxon Mobil in this regard. As such the Commission further affirms that the status quo remains,” the NUPRC said.

August 9, 2022

Business , Shale Plays , Acquisitions & Divestitures

Devon Energy Doubles its Eagle Ford Footprint in $1.8 Billion Deal

Devon Energy’s acquisition of Eagle Ford operator Validus Energy is the firm’s second acquisition since June. 

August 9, 2022

Public Capital , Acquisitions & Divestitures

Berkshire Hathaway Boosts Occidental Petroleum Stake above 20%

A 20% stake would let Warren Buffett’s Berkshire Hathaway report its proportionate share of Houston-based Occidental Petroleum’s earnings with operating results, through the so-called equity method of accounting.

August 9, 2022

Business , Acquisitions & Divestitures

Cenovus Energy to Buy Remaining Stake in Ohio Refinery for $300 Million

Calgary, Alberta-based Cenovus Energy has owned 50% of the refinery since its combination with Husky Energy in 2021.

August 8, 2022