Mergers
Public Capital , Acquisitions & Divestitures , Mergers
Activist Investor Reportedly Seeking to Break Up Noble’s Sale to Chevron
Activist investor Elliott Management is seeking to break up Noble Energy's $5 billion sale to oil major Chevron, a Bloomberg reporter tweeted on Sept. 9.
Public Capital , Acquisitions & Divestitures , Mergers
Elliott Management Discloses Stake in Chevron Takeover Target Noble Energy
Hedge fund Elliott Management has acquired a stake in Noble Energy, the oil and gas producer which agreed in July to be bought by Chevron Corp. for $5 billion.
Restructurings , People , Master Limited Partnerships , Legislation , Infrastructure , Health, Safety & Environment , Emissions , Mergers , Midstream , Construction , Pipelines
Q&A: How Ethan Bellamy Found His Way Back to Oil and Gas
East Daley Capital Advisors’ new midstream strategy director discusses structural changes in the industry, how the upcoming elections could affect energy and his new gig.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Sept. 2, 2020
Here’s a snapshot of recent energy deals including Panhandle Oil and Gas’ entry into the Haynesville Shale through the acquisition of two packages of royalty acreage from Red Stone Resources.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Trends , Mergers
Second US Shale Boom’s Legacy: Overpriced Deals, Unwanted Assets
The promise of future returns lured investors, including a wave of acquisitions from 2016-19. Now, many of those shale deals are financially unworkable due to low oil prices.
Earnings , Exploration & Production , Mergers
Israel’s Delek Group in Ithaca Energy Merger Talks
Merging Ithaca Energy with an international group would be part of a process of turning it into a public company traded in London, Delek said in a statement.
Public Capital , Acquisitions & Divestitures , Mergers
Canadian Oil Producer Whitecap to Boost Position With Multimillion-dollar Deal
The deal marks growing interest in mergers among smaller Canadian oil producers to bolster their portfolios, as uncertainty about future oil demand persists.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers
HighPeak Energy Completes Business Combination with Blank-Check Company
The combined company, set to trade as HighPeak Energy Inc., will hold a 51,000-net-acre position in the northern Midland Basin primarily in Howard County, Texas.
Shale Plays , Transactions , Acquisitions & Divestitures , Mergers
A&D Trends: Oil and Gas Dealdrums
The remainder of the year’s deals will likely involve gas assets (while prices are good) and could come to include the low cost supply areas in the Texas and Louisiana Haynesville. Barring a miraculous rally, oil looks likely to remain the New Coke of commodities.
Public Capital , Exploration & Production , Acquisitions & Divestitures , Mergers
Chevron Pursued Deal for Noble Energy’s Mediterranean Gas Fields Last Year
Chevron Corp. last year proposed to acquire a stake of at least 50% in Noble Energy's Eastern Mediterranean natural-gas fields, talks that led to July's all-stock deal.