Public solar project developer Emeren Group will go private through a merger with Shurya Vitra Ltd. In a deal valued at approximately $102.6 million.
Prairie Operating CFO Greg Patton describes the company's shift into the E&P space and its potential M&A plans following Prairie's $600-million D-J acquisition from Bayswater Exploration and Production.
Private equity firms are loaded for “pent-up” portfolio rationalization after rampant industry consolidation, particularly in the Permian—but the timing is anyone’s guess.
Espada Energy Partners, backed by Carnelian funds, joins a new wave of startup E&Ps hunting for M&A opportunities.
Public solar project developer Emeren Group will go private through a merger with Shurya Vitra Ltd. In a deal valued at approximately $102.6 million.
Prairie Operating CFO Greg Patton describes the company's shift into the E&P space and its potential M&A plans following Prairie's $600-million D-J acquisition from Bayswater Exploration and Production.
Private equity firms are loaded for “pent-up” portfolio rationalization after rampant industry consolidation, particularly in the Permian—but the timing is anyone’s guess.
Espada Energy Partners, backed by Carnelian funds, joins a new wave of startup E&Ps hunting for M&A opportunities.
EOG Resources’ deal to buy Encino Energy leaves 40% of Ohio’s oil output up for M&A grabs as well as nearly 5 Bcf/d of gas and NGL output, according to a Hart Energy analysis of Ohio production data.
Chevron has confirmed the Texas Workforce Commission mistakenly reported the number of layoffs in Midland as 800.
The business unit’s all-shale holdings’ “attractiveness” to potential BP Plc suitors “would likely be an important input into any portfolio evaluation and [merger] due diligence process,” said J.P. Morgan Securities analyst Matthew Lofting.
Continental Resources Founder Harold Hamm said Hess Corp.’s Bakken property is interesting, as well as property held by BP Plc’s Lower 48 E&P unit BPX Energy.
U.S. upstream M&A activity reached $2.3 billion in April, defying a sharp 12% collapse in oil prices. Natural gas-driven deals led the way, including EQT’s $1.8 billion Olympus Energy acquisition.
Commodity price volatility is making it difficult to close the bid-ask spread between buyers and sellers, BOK Financial’s Cristina Stellar tells Hart Energy.