Acquisitions & Divestitures

Public Capital , Shale Plays , Acquisitions & Divestitures

Antero Resources Nears 2020 Divestiture Target with $220 Million Asset Sale

Antero Resources’ latest asset sale is a volumetric production payment transaction comprised of dry gas producing properties in West Virginia with a seven-year term ending 2027.

August 11, 2020

People , Acquisitions & Divestitures , Mergers , Midstream

Janney Adds Energy Advisory Team Formerly Affiliated with Baird

Janney’s new energy advisory team will be led by Managing Directors Curtis Goot and Frank Murphy, who have more than 50 years of combined industry experience.

August 10, 2020

Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers

Montney Shale Consolidation Continues with Canadian Natural Resources Deal

Canadian Natural Resources’ agreement to acquire Montney producer Painted Pony follows the acquisition of Kelt Exploration’s position in the shale gas play by ConocoPhillips late last month.

August 10, 2020

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

Riviera Resources Plans to Sell Remaining Upstream Assets

Riviera Resources engaged EnergyNet to market its remaining upstream assets, CEO David Rottino says, with plans for the transactions to close by fourth-quarter 2020.

August 7, 2020

Public Capital , Shale Plays , Acquisitions & Divestitures

Buffalo Bills Owners’ Blank-check Company Raises $300 Million

Terrence M. Pegula joins other NFL owners, most notably Dallas Cowboys owner Jerry Jones, in making large new investments during a stagnant time for the oil and gas industry.

August 7, 2020

Business , Exploration & Production , Seismic , Acquisitions & Divestitures

Seismic Firm TGS Makes Surprise $600 Million Offer for Part of PGS

If successful, the offer to buy PGS’s multiclient library would significantly broaden TGS’s worldwide geophysical data offering, TGS said.

August 6, 2020

Private Equity , Exploration & Production , Shale Plays , Acquisitions & Divestitures

Presidio Petroleum Acquires Anadarko Position from Bankrupt Templar Energy

The acquisition of Templar Energy’s assets through a bankruptcy auction represents an expansion from the western Anadarko Basin, where Presidio Petroleum already has an established position, into Oklahoma’s STACK play.

August 6, 2020

Acquisitions & Divestitures , Construction , Pipelines

Epic Y-Grade Completes First Greenfield Fractionator

Company also sells excess pipeline capacity to WhiteWater Midstream and MPLX.

August 5, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of Aug. 5, 2020

Here’s a snapshot of recent energy deals including the sale of Range Resources’ Northern Louisiana asset to Castleton Resources for up to $335 million.

August 5, 2020

Public Capital , Shale Plays , Acquisitions & Divestitures

Devon Energy Aims to Clinch Early Barnett Exit

Devon Energy’s Barnett Shale exit, a deal potentially worth up to $830 million, will now close at the beginning of October rather than the end of the year.

August 4, 2020