Northwest Shelf operator Riley Permian attained an IPO through a rare reverse merger without much fanfare.
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.
Archaea Energy went public by merging with the blank-check firm led by Daniel Rice, Rice Acquisition Corp., in a $1.15 billion deal.
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.
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.
Rice Acquisition, led by former EQT Corp. director Daniel Rice, raised about $215 million in its IPO in October last year.
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.
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.
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.
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.