Mergers

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of June 16, 2021

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.

June 16, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers

Canadian E&P Consolidation Continues with Billion-dollar Montney Merger

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.

June 11, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of June 9, 2021

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.

June 9, 2021

Trends , Mergers

Op-ed: Upstream Consolidations Gaining Steam?

Has the long-expected wave of upstream consolidations finally arrived? The recent series of merger transactions announced by Bonanza Creek Energy in the D-J Basin may reveal the answer.

June 9, 2021

Business , Acquisitions & Divestitures , Mergers

Contango Oil & Gas to Combine with KKR-backed Firm in All-stock Merger

The combined company, which will be headquartered in Houston, will become KKR’s primary platform for pursuing upstream oil and natural gas opportunities.

June 8, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers

Bonanza Creek Continues D-J Basin Consolidation with Crestone Peak Deal

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.

June 7, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of June 2, 2021

Here’s a snapshot of recent energy deals including the sale of produced water infrastructure by Permian Basin operator Hibernia Resources to XRI Holdings.

June 2, 2021

Public Capital , Private Equity , Natural Gas , Shale Plays , Acquisitions & Divestitures , Mergers

Southwestern Energy to Buy Haynesville Producer Indigo Natural Resources in $2.7 Billion Deal

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.

June 2, 2021

Private Equity , Shale Plays , Acquisitions & Divestitures , Mergers

Colgate Acquires Luxe Energy in All-Stock Transaction

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.

June 2, 2021

Business , Acquisitions & Divestitures , Trends , Mergers

Oil and Gas Investor A&D Trends: A ‘Whydunnit’

Pioneer Natural Resources Co. agreed to buy DoublePoint Energy LLC for $6.4 billion, leaving investors in need of an explanation.

May 31, 2021