The Latest

Diamondback to Sell $2.2B in Shares Held by Endeavor Stockholders

Diamondback Energy, which closed its $26 billion merger with Endeavor Energy Resources on Sept. 13, said the gross proceeds from the share’s sale will be approximately $2.2 billion.

Matador Offers $750 Million in Senior Notes Following Ameredev Deal

Matador Resources will offer $750 million in senior notes following the close of its $1.83 billion Ameredev II acquisition.

Battalion Accepts Smaller Buyout Offer From Fury Resources

Permian Basin producer Battalion Oil agreed to an updated proposal to be acquired by Fury Resources for $7 per share in cash after an initial offer last year of $9.80 per share.

Matador Closes $1.8B Ameredev Deal, Updates Asset Development Plans

Matador Resources’ $1.83 billion bolt-on acquisition of the Delaware Basin’s Ameredev II adds 33,500 acres and brings the company’s inventory to approximately 2,000 net locations.

Woodside to Maintain at Least 50% Interest in Driftwood LNG

Australia’s Woodside Energy plans to maintain at least a 50% interest in the 27.6 mtpa Driftwood LNG project that it's buying from Tellurian, CEO Meg O’Neill said during a media briefing at Gastech in Houston.

WhiteHawk Energy Adds Marcellus Shale Mineral, Royalty Assets

WhiteHawk Energy LLC said it acquired Marcellus Shale natural gas mineral and royalty interests covering 435,000 gross unit acres operated by Antero Resources, EQT, Range Resources and CNX Resources.

Permian Resources Closes $820MM Bolt-on of Oxy’s Delaware Assets

The Permian Resources acquisition includes about 29,500 net acres, 9,900 net royalty acres and average production of 15,000 boe/d from Occidental Petroleum’s assets in Reeves County, Texas.

SCF Partners Acquires Newpark Fluid Systems

SCF Partners acquired Newpark Fluid Systems, an oil and gas and geothermal fluids solution business, from Newpark Resources, for a base price of $127.5 million.  

Hunt Oil Offloads LNG Interests Via Indirect Sale to Aramco

Hunt Oil is selling 15% interest in Peru LNG to MidOcean, an LNG company managed by EIG in which Aramco is an investor.

Apollo to Buy $1B Stake in BP’s Trans Adriatic Pipeline

Apollo will purchase the non-controlling interest from BP subsidiary BP Pipelines TAP Ltd. for $1 billion as the oil major continues to make progress on a divestment target of up to $3 billion.