Acquisitions & Divestitures

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

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

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

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

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
Proserv Acquires Stake in Power System Monitoring Expert Synaptec

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

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
Eagle Ford acquisition

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
Hart Energy A&D Minute

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