Setting Up For Grand Slam Deals
Contrast that to the S&P 500 over that period, and, “the rest of the market looked pretty easy to make money in. There’s a lot of frustration in the market.”
February 17, 2019
Acquisitions & Divestitures
Oil Major Shell Buys German Solar Battery Maker Sonnen
Shell agreed to buy German solar battery maker sonnen, as the oil major expands its electricity business in its bid for a bigger role in the global transition to low-carbon energy.
February 15, 2019
Berkshire Hathaway Buys Stake In Canada’s Suncor Energy
Warren Buffett’s Berkshire Hathaway purchased a stake in Suncor Energy, sending the U.S.-listed shares of the Canadian oil and gas producer up 4% in after-market trading.
February 14, 2019
America’s Landmen Honor George H.W. Bush With $1 Million Donation At NAPE
The donation given in the late President George H.W. Bush’s name will benefit veterans charities selected by the NAPE Operators Committee over the next 10 years.
February 14, 2019
Double Eagle Energy: Natural-Born Deal Makers
Double Eagle Energy Holdings III LLC’s young co-CEOs have seen life-altering success in Oklahoma and Permian Basin deals. But it’s a renewable resource—relationships, that is—that powers the company.
February 14, 2019
Saudi Aramco Reportedly Selects Banks For Debut International Bond
Saudi Aramco, the world’s top oil producer, plans to issue its first international bonds in the second quarter of 2019, likely worth about $10 billion, Saudi Energy Minister Khalid al-Falih said last month.
February 14, 2019
Former EnerVest Affiliate Sells Magnolia Oil & Gas Stake, Exits San Juan Basin
Harvest Oil & Gas, a successor company to EnerVest’s former affiliate EV Energy Partners, announced divestitures on Feb. 14 totaling more than $90 million.
February 14, 2019
A&D Transactions From The Week Of Feb. 13, 2019
Here’s a snapshot of energy deals from the past week including a minerals deal worth roughly $151 million and the sale of Devon’s Central Basin Platform assets in the Permian Basin.
February 13, 2019
Ørsted, Eversource Energy Make More Wind Moves
Eversource has agreed to purchase from Ørsted interest in some East Coast offshore wind farm projects, becoming a 50-50 partner.
February 8, 2019
Shell Buys Into Cluff Gas Projects In UK North Sea
Shell bought stakes and options in gas licenses in the U.K. North Sea estimated to contain a total of 190 million barrels of oil equivalent from Cluff Natural Resources.
February 8, 2019