Mergers

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Jan. 20, 2021

Here’s a snapshot of recent energy deals including the closing of ConocoPhillips’ $13.3 billion acquisition of Concho Resources, one of the largest independent shale producers in the Permian Basin. 

January 20, 2021

Public Capital , People , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers

ConocoPhillips Completes Concho Acquisition; Tim Leach Joins Leadership

The Concho acquisition gives ConocoPhillips about 700,000 net acres in the Permian Basin—more than quadruple the size of its previous position in the Permian.

January 19, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Jan. 13, 2021

Here’s a snapshot of recent energy deals including the closing of Devon’s all-stock merger with WPX plus Pioneer completed its acquisition of Parsley creating a premier Permian independent energy company.

January 13, 2021

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

Pioneer Completes Parsley Energy Acquisition through All-stock Merger

The all-stock acquisition of Parsley Energy valued at over $7 billion gives Pioneer Natural Resources combined control of nearly 1 million acres across the Permian Basin with positions in both the Delaware and Midland sub-basins.

January 12, 2021

Public Capital , Exploration & Production , Acquisitions & Divestitures , Mergers

Premier Oil Shareholders Approve Merger to Create Largest UK North Sea Producer

Shareholder approval for the transaction with Chrysaor has now been received, says Premier, which will be renamed Harbour Energy but maintain its London listing.

January 12, 2021

Mergers , Midstream , Pipelines , System Integrity

LineStar Integrity Services Acquires PIMS Unit

LineStar is a First Reserve portfolio company.

January 11, 2021

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

Earthstone Closes $185.9 Million Acquisition of Warburg-backed Permian Operator

Earthstone Energy completed its cash-and-stock acquisition of Independence Resources Management, a Midland Basin operator backed by Warburg Pincus, previously announced on Dec. 18.

January 7, 2021

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

Devon Completes ‘Merger of Equals’ Transaction with WPX Energy

The combined company will operate under the name Devon Energy with a premium acreage position in the economic core of the Delaware Basin.

January 7, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Jan. 6, 2021

Here’s a snapshot of recent energy deals including the closing of Cenovus Energy’s nearly $5 billion acquisition of Husky plus a $215 million deal in the Powder River Basin.

January 6, 2021

Business , Shale Plays , Acquisitions & Divestitures , Trends , Mergers

Upstream Deals Hit Historic Lows Despite Late 2020 Merger Mania

While big corporate deals lifted M&A value to $52 billion, upstream oil and gas deal flow for 2020, as measured by Enverus, fell to historic lows.

January 6, 2021