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.
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.
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.
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.
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.
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.
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.
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.
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.
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.