Acquisitions & Divestitures

Business , Acquisitions & Divestitures , Trends

Oil and Gas Investor A&D Trends: Automatic Earth

After months of buying and selling chaos, oil and gas A&D finally went full-on Adderall as it barreled into the official start of summer.

July 28, 2021

People , Acquisitions & Divestitures

On the Move (Week of July 26, 2021)

New hires, promotions and appointments continue to fuel the industry's workforce.

July 26, 2021

Private Equity , Shale Plays , Acquisitions & Divestitures

Lime Rock Resources Acquires ‘Unique Opportunity’ in $500 Million Permian Deal

Lime Rock Resources reached a definitive agreement to buy oil and gas properties in the Permian Basin for $508.3 million from an undisclosed private seller. 

July 26, 2021

Public Capital , Acquisitions & Divestitures , Mergers , Midstream

Inter Pipeline Walks Away from Pembina Deal for Brookfield Bid

The move comes after a five-month-long bitter bidding war between Brookfield Infrastructure Partners and Pembina Pipeline for Canadian pipeline operator Inter Pipeline.

July 26, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures

Whiting Petroleum to Exit D-J Basin in A&D Double Play

Whiting Petroleum entered into separate definitive agreements totaling $458 million to acquire Williston Basin assets in North Dakota and divest all its oil and gas assets in the D-J Basin of Colorado.

July 21, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of July 21, 2021

Here’s a snapshot of recent energy deals including Kinder Morgan’s entry into the energy transition space through a $310 million acquisition. 

July 21, 2021

Private Equity , Shale Plays , Acquisitions & Divestitures

Grenadier Energy Lands EnCap Commitment Following Midland Basin Sale

The commitment will be used to continue Grenadier Energy’s strategy to acquire, develop and exploit assets, which The Woodlands, Texas-based E&P company says it has employed successfully through multiple iterations.

July 21, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures

Earthstone Updates Guidance after Closing Latest Permian Acquisition

So far in 2021, Earthstone Energy has completed two acquisitions in the Permian Basin and announced another in the Eagle Ford Shale for a total of $360 million spent in aggregate acquisitions, says CEO  Robert J. Anderson.

July 21, 2021

Public Capital , Acquisitions & Divestitures

Woodside Shares Fall on Speculation It Is Eyeing BHP’s Oil and Gas Assets

BHP and Woodside Petroleum declined to comment on what both companies called “market speculation.”

July 21, 2021

Public Capital , Exploration & Production , Acquisitions & Divestitures

BHP Considering Multibillion-dollar Exit from Oil and Gas: Report

BHP began its retreat from oil and gas in 2018 with the sale of its U.S. shale assets in two separate agreements valued at $10.8 billion.

July 20, 2021