Mergers

Public Capital , Shale Plays , Mergers

Callon Wins Over Carrizo Merger’s Biggest Opponent

Paulson & Co. relented that it no longer opposes the merger of Houston-based independents Callon Petroleum and Carrizo Oil & Gas, though the hedge fund also cut its investment in Callon.

November 18, 2019

Public Capital , Shale Plays , Mergers

Callon Petroleum Lowers Its Asking Price For Carrizo Oil & Gas

Callon Petroleum agreed to a lower premium in its acquisition of Carrizo Oil & Gas as part of amended deal terms.

November 14, 2019

Public Capital , Trends , Mergers

M&A Pressure: Consolidation On The Climb

There’s a near-consensus on consolidation among E&Ps, but who are the buyers, and what’s the right price?

November 14, 2019

Public Capital , Exploration & Production , Mergers

Struggling Canadian Producer Pengrowth Agrees To Multimillion-Dollar Buyout

Despite a severe discount, Pengrowth CEO Pete Sametz said the transaction is the best available alternative for the Calgary, Alberta-based oil and gas producer.

November 1, 2019

Transactions , Mergers , Midstream

Midstream M&A Gets Private

A majority of midstream deals are now orchestrated by private-equity buyers, and some public companies are getting big money offers to abandon their ticker symbols and go private.

November 1, 2019

Acquisitions & Divestitures , Mergers

A&D Strategies: The Consolidation Challenge

Enverus analyst sees ‘inevitability’ to upstream sector’s shrinkage.

October 31, 2019

Public Capital , Private Equity , Shale Plays , Acquisitions & Divestitures , Trends , Mergers

Executive Q&A: Of Capital And Consolidation

The CEO of Houston energy-focused investment bank Tudor, Pickering, Holt & Co. says it’s not time to panic as investors flee the oil and gas space, but structural change is inevitable to adapt to the new marketplace.

October 22, 2019

Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers

Parsley To Acquire Jagged Peak In $2.3 Billion All-Stock Transaction

The acquisition of Jagged Peak will more than double Parsley Energy’s position in the Delaware Basin, where the companies expect to generate G&A savings of about $25 million within the first year.

October 14, 2019

Business , Exploration & Production , Trends , Mergers

Roan Resources To Become Citizen’s In $1 Billion All-Cash Deal

The merger of Roan Resources with Citizen Energy may portend future take-private offers for public companies that have largely been scorned by the public market.

October 7, 2019

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.

October 1, 2019