Headquartered in Houston, the combined company will become KKR’s primary platform for pursuing upstream oil and natural gas opportunities.
Here’s a snapshot of recent energy deals including the closing of Shell’s Permian Basin exit through a $9.5 billion deal with ConocoPhillips plus a Centennial Resource Development asset sale.
In September, Santos said the merger with Oil Search would better align stakeholdings in PNG’s biggest gas projects—PNG LNG and Papua LNG—that would further support investment and deliver new jobs.
The sale by CenterPoint, one of Enable Midstream’s two largest unitholders, was part of the $7.2 billion all-stock merger of Enable with Energy Transfer that underwent an extended FTC investigation.
Here’s a snapshot of recent energy deals including the $480 million sale of Goodrich Petroleum to private equity-backed Paloma Resources.
Upon the completion of the transaction, Goodrich Petroleum will become a privately held company and shares of Goodrich common stock will no longer be listed on any public market.
Here’s a snapshot of recent energy deals including the acquisition of Veritas Energy’s nonop position by Northern Oil and Gas in a transaction worth over $500 million in the Permian Basin plus a $2.5 billion Freeport LNG deal.
Both financially backed by private equity-firm EnCap Flatrock Midstream, Ironwood II said in a release it had completed an asset merger and assumed management of Nuevo Midstream Dos’ Eagle Ford assets.
Here’s a snapshot of recent energy deals including Continental’s entry into the Permian through the $3.25 billion acquisition of Pioneer’s Delaware Basin position plus Southwestern acquires another private Haynesville producer.
The combined company is expected to reap annual cost savings of $125 million and it will take Noble Corp.’s name and be headquartered in Houston.