Gastar Exploration and Chisholm Oil and Gas, both of which are private equity backed, agreed to combine holdings in the Oklahoma Stack play for undisclosed terms.
Wall Street has been slashing their valuations of top Permian Basin operators despite the region’s attractiveness. Could the blockbuster Occidental-Anadarko deal change that?
The merger of Keane Group with C&J Energy Services is expected to create the third largest pressure pumper in the U.S., behind only Halliburton and Schlumberger.
Cognite, in which Norwegian investment firm Aker owns a 65% stake, has customers in Europe, including oil and gas firms Aker BP, Lundin Petroleum, OMV and Wintershall DEA.
The multibillion-dollar acquisition of Denham Capital-backed Covey Park Energy is set to make Comstock Resources the largest Haynesville operator, analysts say.
Occidental Petroleum’s takeover of Anadarko Petroleum remains subject to other customary closing conditions, including approval from Anadarko’s stockholders.
PE-backed Frontier recently acquired a tubular goods service provider in West Texas, which history dates back over 50 years in the heart of the Permian Basin.
Activist investor Carl Icahn may seek a special meeting to remove and replace board members, according to a lawsuit filed May 30 over Occidental Petroleum's pact to buy Anadarko.