Acquisitions & Divestitures

Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers

Bonanza Creek Continues D-J Basin Consolidation with Crestone Peak Deal

The acquisition of Crestone Peak—Bonanza Creek Energy’s third so far this year—represents the company’s strategy to position itself as the modern-day E&P business model, says CEO Eric Greager.

June 7, 2021

Private Equity , Shale Plays , Acquisitions & Divestitures

Mesa Minerals Partners Finds New Backer with $150 Million Commitment

Mesa Minerals Partners II’s predecessor, a Quantum Energy Partners portfolio company, sold its Haynesville Shale-focused royalty portfolio for $135 million late last year to Franco-Nevada.

June 7, 2021

Business , Acquisitions & Divestitures , Trends

From Oil and Gas Investor Editor-in-Chief: Golden Age of A&D

The hiatus is over. After two years of deal drought, the A&D machine of the upstream oil and gas business is coughing back to life and gaining traction.

June 7, 2021

Liquefied Natural Gas (LNG) , Acquisitions & Divestitures , Storage

TotalEnergies Acquires 10% Interest in Arctic Transshipment from Novatek

TotalEnergies has signed a sale and purchase agreement on June 3 with Novatek to acquire 10% of Arctic Transshipment LLC, which owns and will operate two LNG transshipment terminals being built in the Murmansk and Kamchatka regions of Russia. 

June 4, 2021

Exploration & Production , Acquisitions & Divestitures

Malaysia's Hibiscus Petroleum Buys Repsol Assets for $213 Million, Enters Vietnam Market

Malaysian E&P company Hibiscus Petroleum Bhd has acquired Spanish energy major Repsol Exploración, S.A.'s upstream assets in Malaysia and Vietnam for a cash consideration of $212.5 million, it said in a stock exchange filing on June 4.

June 4, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of June 2, 2021

Here’s a snapshot of recent energy deals including the sale of produced water infrastructure by Permian Basin operator Hibernia Resources to XRI Holdings.

June 2, 2021

Acquisitions & Divestitures , Pipelines

Brookfield Raises Bid to $7.02 Billion for Canada's Inter Pipeline, Tops Pembina's Offer

Brookfield Infrastructure Partners on June 2 raised its hostile bid to buy Inter Pipeline Ltd. to CA$8.48 billion (US$7.02 billion), topping Pembina Pipeline Corp.'s CA$8.3 billion offer to buy the Canadian oil and gas transportation company.

June 2, 2021

Public Capital , Private Equity , Natural Gas , Shale Plays , Acquisitions & Divestitures , Mergers

Southwestern Energy to Buy Haynesville Producer Indigo Natural Resources in $2.7 Billion Deal

U.S. gas producer Southwestern Energy Co. has entered a definitive merger agreement with Haynesville producer Indigo Natural Resources LLC to acquire Indigo for about $2.7 billion, the company said on June 2.

June 2, 2021

Private Equity , Shale Plays , Acquisitions & Divestitures , Mergers

Colgate Acquires Luxe Energy in All-Stock Transaction

The acquisition will create one of the largest private companies in the Permian Basin, with around 57,000 net acres, roughly 45,000 boe/d and 4 rigs running as of June 1, 2021.

June 2, 2021

Shale Plays , Acquisitions & Divestitures

Diversified Raids Blackbeard’s Barnett Assets in $180 Million Deal

The deal, along with a May acquisition Louisiana, brings Diversified’s acreage in the region to about 300,000 net acres.

June 1, 2021