Mergers
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers
PDC Energy Completes $1.7 Billion All-stock Merger With SRC Energy
PDC now adds SRC Energy’s core area of operations in the Greater Wattenberg Field of the D-J Basin to its portfolio, which includes positions in the D-J and Permian basins.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers
Parsley To ‘Hit Ground Running’ Following Jagged Peak Deal
The expedited closing of the $2.3 billion all-stock acquisition of Jagged Peak Energy allows Parsley to “hit the ground running on ... capturing tangible synergies,” says CEO Matt Gallagher.
Private Equity , Exploration & Production , Acquisitions & Divestitures , Mergers
Jones Energy Completes Merger With Revolution Resources
Following closing of the $201.5 million transaction on Jan. 7, Jones Energy became a wholly owned subsidiary of private equity backed Revolution Resources.
People , Acquisitions & Divestitures , Mergers
On The Move
Check out the latest new hires, appointments and promotions as well as new company office and facility openings.
Business , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Trends , Mergers
Occidental’s Anadarko Acquisition Tops US Oil Deals Of Last Decade
U.S. oil and gas M&A reached a five-year peak of $96 billion in 2019. However, a report from Enverus found the annual total was substantially skewed by Occidental’s acquisition of Anadarko Petroleum.
Investment , Mergers
UAE's Brooge Petroleum To Start Trading On Nasdaq Dec. 23
UAE-based Brooge Petroleum and Gas Investment Co. (BPGIC) said it will start trading on New York's Nasdaq stock exchange on Dec. 23, following its merger with U.S. company Twelve Seas Investment Co.
Public Capital , Unconventional , Shale Plays , Mergers
Callon Petroleum, Carrizo Oil & Gas Complete Merger
Callon Petroleum and Carrizo Oil & Gas said Dec. 20 that shareholders from both companies voted to approve its pending merger, which had initially faced shareholder opposition.
Public Capital , Technology , Acquisitions & Divestitures , Mergers
Apergy Makes $4.4 Billion Combination With Ecolab’s Upstream Business
Analysts with Tudor, Pickering, Holt & Co. said they favor the combo given burly production exposure, which should further insulate Apergy shareholders from volatility inherent in oil and gas.
Mergers
Marketed: Austin County, Texas, Non-Producing Leasehold
EAS Resources retained EnergyNet for the sale of non-producing leasehold located in Austin County, Texas, through an auction closing Dec. 18.
Master Limited Partnerships , Mergers , Midstream
Alerian Acquires S-Network Global Indexes
Transaction bolsters Alerian’s position as a major provider of global indexes, data and research.