Chris
Mathews
Hart Energy
XCL Resources Team Launches X2, Targets Multibillion-Dollar M&A
X2 Resources, led by the team behind XCL Resources, is targeting $500 million to multibillion-dollar acquisitions across “premier” oil and gas basins with backing from EnCap and other investors.
Volatility to Slow Upstream M&A After $17B in Q1 Dealmaking—Enverus
Upstream deal markets are heading into territory reminiscent of the conditions seen in the first half of 2020, said Andrew Dittmar, Enverus’ principal M&A analyst.
‘Last Owner’ XMC Buys, Transforms Aging Oil and Gas Assets
XMC Strategies acquires and manages depleting oil and gas assets to transform them into sustainable energy sources.
EQT Buys Private Marcellus E&P Olympus Energy for $1.8B
EQT’s acquisition from Blackstone-backed Olympus adds 90,000 net Marcellus and Utica acres and 500 MMcf/d of production.
The Latest
XCL Resources Team Launches X2, Targets Multibillion-Dollar M&A
X2 Resources, led by the team behind XCL Resources, is targeting $500 million to multibillion-dollar acquisitions across “premier” oil and gas basins with backing from EnCap and other investors.
Volatility to Slow Upstream M&A After $17B in Q1 Dealmaking—Enverus
Upstream deal markets are heading into territory reminiscent of the conditions seen in the first half of 2020, said Andrew Dittmar, Enverus’ principal M&A analyst.
‘Last Owner’ XMC Buys, Transforms Aging Oil and Gas Assets
XMC Strategies acquires and manages depleting oil and gas assets to transform them into sustainable energy sources.
EQT Buys Private Marcellus E&P Olympus Energy for $1.8B
EQT’s acquisition from Blackstone-backed Olympus adds 90,000 net Marcellus and Utica acres and 500 MMcf/d of production.
Devon Makes Operational Overhaul Amid Oil Market Volatility
Facing headwinds from falling oil prices, Devon Energy aims to reduce costs through several operational and corporate changes.
Standard Solar Acquires 39-MW Solar Portfolio in Illinois
Standard Solar purchased five solar projects in a 39-MW portfolio from New Leaf Energy.
US Shale Gas Investor Wincoram Acquired by Stone Ridge Energy
PureWest Energy investor Wincoram Asset Management was acquired by Stone Ridge Energy, the companies said April 22.
Crescent Energy Sells $83MM in Permian Assets to Reduce Debt
Crescent Energy has divested non-operated Permian Basin assets for $83 million as part of the company’s plans to sell $250 million of non-core divestures.
E&P Highlights: April 21, 2025
Here’s a roundup of the latest E&P headlines, from new LNG production offshore Africa to new seismic maps offshore Mauritania.
Money Talks: UMB Bank on Impacts of Upstream Consolidation
Guardrails in place allow banks to support energy businesses through all economic cycles, says Zachary Leard, vice president for the energy group at UMB Bank.