Mergers

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

Riley Exploration Permian Provides Update Following Tengasco Merger

The company’s predecessor, private equity-backed Riley Permian, was formed with the goal of building a premier Permian Basin pure-play.

March 5, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of March 3, 2021

Here’s a snapshot of recent energy deals including Permian Basin acquisitions by U.S. Energy Development comprising interests in oil development projects in the Delaware Basin.

March 3, 2021

Mergers , Pipelines

TC Energy, Ex-Columbia Execs Must Face Lawsuit over $10 Billion Deal

Judge rules that top execs will stand trial in suit by investors.

March 2, 2021

Business , Drilling , Subsea , Mergers , Joint Ventures

Baker Hughes to Merge Offshore Drilling Business in JV Transaction

Forming a joint venture, the merger of Baker Hughes Subsea Drilling Systems with Akastor’s MHWirth AS maintains dual headquarters in Houston in the U.S. and the southern Norwegian town of Kristiansand.

March 2, 2021

Investment , Health, Safety & Environment , Renewables , Mergers

Pickering Energy Partners Doubles Down on Energy Transition with SailingStone Merger

The new partnership expands Pickering Energy Partners’ current investment platform to include SailingStone’s energy transition, global natural resources and ESG investment experience and strategies.

March 1, 2021

Business , Emissions , Renewables , Shale Plays , Trends , Mergers

Oil and Gas Investor Cover Story: Animal Spirits

It’s not the Keynes kind; it’s the Jack London kind. E&P executives are restless, according to a Dallas Fed survey, and they’re going mano a mano for market share. Will it manifest in consolidation? Where to next for the sellers? For some, it’s a new land rush: energy transition.

March 1, 2021

Public Capital , Acquisitions & Divestitures , Mergers , Midstream

Judge Strikes Down Williams Cos.’ ‘Poison Pill’ Takeover Defense

Williams’ “poison pill” was found by a Delaware judge to be a disproportionate response to the threat that an activist investor might swoop in when the stock was at a low point during the start of the pandemic.

February 26, 2021

Business , Acquisitions & Divestitures , Trends , Mergers

Industry of Debt: Oil and Gas M&A Looks for 2021 Reset

As more debt is restructured or discharged, the drag on M&A should lessen, which could lead to the return of dealmaking in the oil and gas sector to pre-pandemic levels, Deloitte says.

February 25, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Feb. 24, 2021

Here’s a snapshot of recent energy deals including a series of transactions in the Duvernay Shale as both Shell and Ovintiv exit the play plus Continental Resources reveals itself as the buyer of Samson Resources’ Powder River Basin position.

February 24, 2021

Acquisitions & Divestitures , Trends , Mergers

Oil and Gas Investor A&D Trends: Hard, Classic Rock

Behold! Like the ancients scanning the sky for portents, large bodies are colliding in the observable M&A-verse of upstream oil and gas.

February 24, 2021