Mergers

Public Capital , Company Profiles , Shale Plays , Mergers

E&P Business Strategies: Riley Permian’s Go-public Play

Northwest Shelf operator Riley Permian attained an IPO through a rare reverse merger without much fanfare.

September 27, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Sept. 22, 2021

Here’s a snapshot of recent energy deals including Shell’s U.S. shale exit through the $9.5 billion cash sale of its Permian Basin position to ConocoPhillips.

September 22, 2021

Public Capital , Energy Transition , Mergers

Renewable Gas Producer Archaea Surges in Debut After SPAC Deal

Archaea Energy went public by merging with the blank-check firm led by Daniel Rice, Rice Acquisition Corp., in a $1.15 billion deal.

September 17, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Sept. 15, 2021

Here’s a snapshot of recent energy deals including the sale by Colgate Energy of the Permian Basin water assets it had recently acquired as part of its $508 million acquisition from Occidental Petroleum.

September 15, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers

Influential Proxy Advisory Firm Backs Cabot, Cimarex Shale Merger

Cabot Oil & Gas and Cimarex Energy shareholders are due to convene on Sept. 29 to vote on the potential merger, which was initially announced in May.

September 14, 2021

Public Capital , Energy Transition , Mergers

Blank-check Rice Firm’s Investors Approve $1.15 Billion Renewable Gas Merger

Rice Acquisition, led by former EQT Corp. director Daniel Rice, raised about $215 million in its IPO in October last year.

September 10, 2021

Business , Acquisitions & Divestitures , Mergers

Santos, Oil Search Agree to Merge Despite Scrutiny

Santos said the merger with Oil Search would better align stakeholdings in PNG’s biggest gas projects—PNG LNG and Papua LNG—that would further support investment and deliver new jobs.

September 10, 2021

Shale Plays , Acquisitions & Divestitures , Trends , Mergers

CEO of Major US Shale Producer Says Oil Consolidation Largely Over

Pioneer Natural Resources was central to a wave of U.S. shale dealmaking, but deal-mania is mostly over because of a lack of cash and worries about future demand, says CEO Scott Sheffield.

September 9, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Sept. 8, 2021

Here’s a snapshot of recent energy deals including Enbridge’s $3 billion purchase of the largest crude export terminal in North America located along the Texas Gulf Coast.

September 8, 2021

Public Capital , Energy Transition , Technology , Acquisitions & Divestitures , Mergers

Quanta Services to Acquire Renewable Energy Firm for $2.7 Billion

Quanta Services CEO Duke Austin says the Houston-based company believes that what Quanta is to the electric power solutions industry, Blattner is to the utility-scale renewable energy solutions industry.

September 2, 2021