Acquisitions & Divestitures

Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers

Riley Exploration Permian Provides Update Following Tengasco Merger

The company’s predecessor, private equity-backed Riley Permian, was formed with the goal of building a premier Permian Basin pure-play.

March 5, 2021

Public Capital , Master Limited Partnerships , Shale Plays , Acquisitions & Divestitures , Midstream

Noble Midstream Agrees to Chevron Buyout in $1.32 Billion All-stock Deal

Chevron said it had reached the buyout agreement with Noble Midstream on March 5, roughly a month after announcing a slightly smaller offer to buy out the pipeline operator.

March 5, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of March 3, 2021

Here’s a snapshot of recent energy deals including Permian Basin acquisitions by U.S. Energy Development comprising interests in oil development projects in the Delaware Basin.

March 3, 2021

Public Capital , Investment , Acquisitions & Divestitures , Trends

Oil and Gas Investor: The Great SPAC Comeback

SPACs have taken Wall Street by storm, raising billions for as-yet unidentified acquisition targets—but will they return to save the oil and gas space?

March 3, 2021

Private Equity , Acquisitions & Divestitures

A&D Advisory Firm EnergyNet Promotes Russell Artho to CFO

Russell Artho joined the EnergyNet team in 2018 as controller and his promotion to CFO is reflective of his “dedicated leadership and thoughtful contributions,” says Chris Atherton, CEO of the A&D advisory firm.

March 2, 2021

Pressure Pumping , Acquisitions & Divestitures

NOW Inc. Acquires GR Energy Services Flex Flow Business in All-Cash Deal

NOW Inc. has entered into an agreement on March 1 to acquire from GR Energy Services substantially all of the assets used in connection with its Flex Flow business.

March 2, 2021

Public Capital , Acquisitions & Divestitures , Mergers , Midstream

Judge Strikes Down Williams Cos.’ ‘Poison Pill’ Takeover Defense

Williams’ “poison pill” was found by a Delaware judge to be a disproportionate response to the threat that an activist investor might swoop in when the stock was at a low point during the start of the pandemic.

February 26, 2021

Investment , Exploration & Production , Shale Plays , Acquisitions & Divestitures

U.S. Energy Development Continues Permian Basin Expansion with Recent Acquisitions

U.S. Energy Development acquired interests in oil development projects that the company’s CEO described as “instrumental” in U.S. Energy’s continued growth and expansion in the Permian Basin.

February 26, 2021

Business , Acquisitions & Divestitures , Trends , Mergers

Industry of Debt: Oil and Gas M&A Looks for 2021 Reset

As more debt is restructured or discharged, the drag on M&A should lessen, which could lead to the return of dealmaking in the oil and gas sector to pre-pandemic levels, Deloitte says.

February 25, 2021

Business , Acquisitions & Divestitures

A&D Advisory Firm EnergyNet Celebrates 22 Years in Business

EnergyNet has successfully closed $5 billion in oil and gas assets in the past two years, according to the A&D advisory firm’s release.

February 25, 2021