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.

June 17, 2021

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.

June 16, 2021

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.

June 16, 2021

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.

June 16, 2021

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.

June 16, 2021

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.

June 15, 2021

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.

June 15, 2021

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.

June 15, 2021

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.

June 14, 2021

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.

June 11, 2021