Acquisitions & Divestitures

Shale Plays , Acquisitions & Divestitures

NOG Acquires Core Northern Delaware Basin Bolt-on for $157.5 Million

Northern Oil and Gas (NOG) agreed to acquire certain nonoperated working interests in the core of the Delaware Basin from Alpha Energy Partners.

September 30, 2022

Private Equity , Shale Plays , Acquisitions & Divestitures

Juniper Capital, Boomtown Form Largest Northern D-J Basin Leaseholder

The formation of North Peak Oil & Gas, the largest leaseholder in the Wyoming D-J Basin, was made through the combination of North Silo Resources and Longs Peak Resources, two existing Juniper portfolio entities that were also jointly owned by Boomtown.

September 30, 2022

ESG , Acquisitions & Divestitures

Brookfield Renewable Ploughs $1.54 Billion in Buyouts to Boost Clean-energy Portfolio

Brookfield will acquire Scout Clean Energy for approximately $1 billion and Standard Solar for approximately $540 million.

September 30, 2022

Natural Gas , Acquisitions & Divestitures , Pipelines

DT Midstream Boosts Ownership of Appalachia Gas Pipeline in $552 Million Cash Deal

DT Midstream will pay National Grid about $552 million in cash to acquire its 26.25% ownership interest in the Millennium Pipeline, which transports Marcellus and Utica gas to markets across New York State and New England.

September 29, 2022

Energy Transition , Acquisitions & Divestitures , Midstream

Enbridge to Acquire Texas-based Renewable Developer for up to $320 Million

Enbridge acquired Tri Global Energy, a leading U.S. renewable project developer headquartered in Dallas, for $270 million in cash and assumed debt plus up to approximately $50 million in contingency payments.

September 29, 2022

Technology , Acquisitions & Divestitures

Proserv Acquires Stake in Power System Monitoring Expert Synaptec

After establishing a working relationship through the development of the ECG system in 2020, Proserv acquired a stake in Synaptec and will add its CEO to Synaptec's board of directors.

September 29, 2022

Public Capital , Acquisitions & Divestitures

Buffett’s Berkshire Hathaway Buys 5.99 Million More Occidental Shares

Following the purchases, Warren Buffett’s Berkshire Hathaway now owns about 194.4 million Occidental Petroleum shares worth approximately $11.9 billion, based on Occidental’s closing price of $61.41 on Sept. 28.

September 29, 2022

Public Capital , Shale Plays , Acquisitions & Divestitures

SilverBow ‘Poison Pill’ Attempts to Fend Off Possible Kimmeridge Takeover

Kimmeridge Energy, which spent more than $100 million to acquire SilverBow Resources stock, recently acquired another Eagle Ford E&P—Laredo Energy, an analyst said.

September 29, 2022

Business , Shale Plays , Acquisitions & Divestitures

Devon Energy Completes Eagle Ford Bolt-on Acquisition

Devon Energy closed its previously announced acquisition of Validus Energy, increasing its production footprint in the Eagle Ford by 35,000 boe/d.

September 28, 2022

Acquisitions & Divestitures

A&D Minute (Sept. 28, 2022): Talos' 'Leadership Position' in the GoM [WATCH]

Also in this week's A&D Minute: Momentum Midstream establishes a leading position in the Haynesville through the acquisitions of Midcoast's East Texas business and Align Midstream.

September 28, 2022