Mergers
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of June 16, 2021
Here’s a snapshot of recent energy deals including Occidental Petroleum’s $508 million asset sale in the Permian Basin plus an Eagle Ford deal by Earthstone Energy.
Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers
Canadian E&P Consolidation Continues with Billion-dollar Montney Merger
Tourmaline Oil’s agreement on June 11 to acquire Montney operator Black Swan Energy continues a trend in the Canadian energy sector, which has seen a flurry of mergers between oil and gas producers within the past year.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of June 9, 2021
Here’s a snapshot of recent energy deals including Southwestern Energy’s acquisition of Indigo Natural Resources and the sale of Crestone Peak Energy in an all-stock transaction.
Trends , Mergers
Op-ed: Upstream Consolidations Gaining Steam?
Has the long-expected wave of upstream consolidations finally arrived? The recent series of merger transactions announced by Bonanza Creek Energy in the D-J Basin may reveal the answer.
Business , Acquisitions & Divestitures , Mergers
Contango Oil & Gas to Combine with KKR-backed Firm in All-stock Merger
The combined company, which will be headquartered in Houston, will become KKR’s primary platform for pursuing upstream oil and natural gas opportunities.
Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers
Bonanza Creek Continues D-J Basin Consolidation with Crestone Peak Deal
The acquisition of Crestone Peak—Bonanza Creek Energy’s third so far this year—represents the company’s strategy to position itself as the modern-day E&P business model, says CEO Eric Greager.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of June 2, 2021
Here’s a snapshot of recent energy deals including the sale of produced water infrastructure by Permian Basin operator Hibernia Resources to XRI Holdings.
Public Capital , Private Equity , Natural Gas , Shale Plays , Acquisitions & Divestitures , Mergers
Southwestern Energy to Buy Haynesville Producer Indigo Natural Resources in $2.7 Billion Deal
U.S. gas producer Southwestern Energy Co. has entered a definitive merger agreement with Haynesville producer Indigo Natural Resources LLC to acquire Indigo for about $2.7 billion, the company said on June 2.
Private Equity , Shale Plays , Acquisitions & Divestitures , Mergers
Colgate Acquires Luxe Energy in All-Stock Transaction
The acquisition will create one of the largest private companies in the Permian Basin, with around 57,000 net acres, roughly 45,000 boe/d and 4 rigs running as of June 1, 2021.
Business , Acquisitions & Divestitures , Trends , Mergers
Oil and Gas Investor A&D Trends: A ‘Whydunnit’
Pioneer Natural Resources Co. agreed to buy DoublePoint Energy LLC for $6.4 billion, leaving investors in need of an explanation.