Mergers
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Jan. 20, 2021
Here’s a snapshot of recent energy deals including the closing of ConocoPhillips’ $13.3 billion acquisition of Concho Resources, one of the largest independent shale producers in the Permian Basin.
Public Capital , People , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers
ConocoPhillips Completes Concho Acquisition; Tim Leach Joins Leadership
The Concho acquisition gives ConocoPhillips about 700,000 net acres in the Permian Basin—more than quadruple the size of its previous position in the Permian.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Jan. 13, 2021
Here’s a snapshot of recent energy deals including the closing of Devon’s all-stock merger with WPX plus Pioneer completed its acquisition of Parsley creating a premier Permian independent energy company.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers
Pioneer Completes Parsley Energy Acquisition through All-stock Merger
The all-stock acquisition of Parsley Energy valued at over $7 billion gives Pioneer Natural Resources combined control of nearly 1 million acres across the Permian Basin with positions in both the Delaware and Midland sub-basins.
Public Capital , Exploration & Production , Acquisitions & Divestitures , Mergers
Premier Oil Shareholders Approve Merger to Create Largest UK North Sea Producer
Shareholder approval for the transaction with Chrysaor has now been received, says Premier, which will be renamed Harbour Energy but maintain its London listing.
Mergers , Midstream , Pipelines , System Integrity
LineStar Integrity Services Acquires PIMS Unit
LineStar is a First Reserve portfolio company.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers
Earthstone Closes $185.9 Million Acquisition of Warburg-backed Permian Operator
Earthstone Energy completed its cash-and-stock acquisition of Independence Resources Management, a Midland Basin operator backed by Warburg Pincus, previously announced on Dec. 18.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers
Devon Completes ‘Merger of Equals’ Transaction with WPX Energy
The combined company will operate under the name Devon Energy with a premium acreage position in the economic core of the Delaware Basin.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Jan. 6, 2021
Here’s a snapshot of recent energy deals including the closing of Cenovus Energy’s nearly $5 billion acquisition of Husky plus a $215 million deal in the Powder River Basin.
Business , Shale Plays , Acquisitions & Divestitures , Trends , Mergers
Upstream Deals Hit Historic Lows Despite Late 2020 Merger Mania
While big corporate deals lifted M&A value to $52 billion, upstream oil and gas deal flow for 2020, as measured by Enverus, fell to historic lows.