E&P Momentum: The Two Sides Of Consolidation
As industry observers argue for regional consolidation, oil and gas’ history emphasizes the important role that independents play in sector evolution.
June 21, 2019
Mergers
Gastar Exploration To Become Chisholm Oil And Gas Through Merger
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.
June 19, 2019
Occidental-Anadarko Petroleum Merger’s Impact On Permian Players
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?
June 17, 2019
Rival Pressure Pumpers Keane, C&J Energy To Combine In All-Stock Merger
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.
June 17, 2019
Norway’s Aker Eyes IPO, Merger For Cognite Software Firm
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.
June 12, 2019
Comstock To Acquire Haynesville Operator Covey Park For $2.2 Billion
The multibillion-dollar acquisition of Denham Capital-backed Covey Park Energy is set to make Comstock Resources the largest Haynesville operator, analysts say.
June 10, 2019
Occidental Petroleum’s Anadarko Takeover Receives FTC Approval
Occidental Petroleum’s takeover of Anadarko Petroleum remains subject to other customary closing conditions, including approval from Anadarko’s stockholders.
June 4, 2019
Frontier Tubular Solutions Acquires Historic Permian Basin Service Provider
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.
May 31, 2019
From OGI Editor-In-Chief: Depleting The OFS Sector
Can consolidation save the depleting oilfield service sector?
May 31, 2019
Carl Icahn Sues Occidental Petroleum Over ‘Misguided’ Anadarko Deal
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.
May 30, 2019