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.
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.
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.
The combined company, which will be headquartered in Houston, will become KKR’s primary platform for pursuing upstream oil and natural gas opportunities.
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.
Here’s a snapshot of recent energy deals including the sale of produced water infrastructure by Permian Basin operator Hibernia Resources to XRI Holdings.
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.
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.