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.
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.
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.
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.
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.
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.
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.
Acquisitions & Divestitures , Construction , Pipelines
Epic Y-Grade Completes First Greenfield Fractionator
Company also sells excess pipeline capacity to WhiteWater Midstream and MPLX.
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.
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.