Mergers

Public Capital , Mergers

Contango Oil & Gas Completes Merger with KKR-backed Firm, Forming Crescent Energy Co.

Headquartered in Houston, the combined company will become KKR’s primary platform for pursuing upstream oil and natural gas opportunities.

December 8, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Dec. 8, 2021

Here’s a snapshot of recent energy deals including the closing of Shell’s Permian Basin exit through a $9.5 billion deal with ConocoPhillips plus a Centennial Resource Development asset sale.

December 8, 2021

Restructurings , Exploration & Production , Mergers

PNG-focused Oil Search Gets Shareholder Nod for $6.2 Billion Buyout by Santos

In September, 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.

December 7, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers , Midstream

CenterPoint Begins Midstream Exit Following Enable Sale to Energy Transfer

The sale by CenterPoint, one of Enable Midstream’s two largest unitholders, was part of the $7.2 billion all-stock merger of Enable with Energy Transfer that underwent an extended FTC investigation.

December 3, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Dec. 1, 2021

Here’s a snapshot of recent energy deals including the $480 million sale of Goodrich Petroleum to private equity-backed Paloma Resources.

December 1, 2021

Private Equity , Shale Plays , Acquisitions & Divestitures , Mergers

Goodrich Petroleum Agrees to $480 Million Sale to Paloma

Upon the completion of the transaction, Goodrich Petroleum will become a privately held company and shares of Goodrich common stock will no longer be listed on any public market.

December 1, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Nov. 17, 2021

Here’s a snapshot of recent energy deals including the acquisition of Veritas Energy’s nonop position by Northern Oil and Gas in a transaction worth over $500 million in the Permian Basin plus a $2.5 billion Freeport LNG deal.

November 17, 2021

Private Equity , Shale Plays , Acquisitions & Divestitures , Mergers , Midstream

EnCap Flatrock’s Ironwood, Nuevo Midstream Combine Eagle Ford Assets

Both financially backed by private equity-firm EnCap Flatrock Midstream, Ironwood II said in a release it had completed an asset merger and assumed management of Nuevo Midstream Dos’ Eagle Ford assets.

November 16, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Nov. 10, 2021

Here’s a snapshot of recent energy deals including Continental’s entry into the Permian through the $3.25 billion acquisition of Pioneer’s Delaware Basin position plus Southwestern acquires another private Haynesville producer.

November 10, 2021

Drilling , Mergers

Oil Drillers Noble, Maersk to Combine in $3.4 Billion Merger

The combined company is expected to reap annual cost savings of $125 million and it will take Noble Corp.’s name and be headquartered in Houston.

November 10, 2021