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.
People , Acquisitions & Divestitures
On the Move (Week of July 26, 2021)
New hires, promotions and appointments continue to fuel the industry's workforce.
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.
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.
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.
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.
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.
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.
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.”
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.