Colgate Energy priced the offering of $500 million new senior unsecured notes due 2029, increased from the originally proposed $400 million, at par.
The acquisition of nonoperated interests across core Permian Basin acreage represents the “trifecta” for Northern Oil and Gas, says COO Adam Dirlam.
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.
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.
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.
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.
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.
Shell’s Permian Basin position could be worth over $10 billion, according to the sources in a Reuter report.
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.
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.