Mergers

Public Capital , Mergers

Carl Icahn Wins ISS Support In Occidental Petroleum Proxy Fight

Proxy advisory firm Institutional Shareholder Services backs Carl Icahn’s call for more Occidental Petroleum shareholder say after Occidental’s takeover of Anadarko Petroleum.

July 25, 2019

Business , Health, Safety & Environment , Digital Oilfield , Mergers

State Of Energy: Oil And Gas Face Consolidation, Other Challenges

Experts urge industry representatives to embrace Big Data and sharpen their messaging skills for the general public.

July 23, 2019

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

Occidental Petroleum Slams Carl Icahn Board Slate

"None" of Icahn's nominees "possess skills, experience or expertise that are additive or superior to our existing directors," wrote Occidental CEO Vicki Hollub and Chairman Eugene Batchelder.

July 22, 2019

Investment , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers

Icahn Launches Proxy Fight After Stalled Talks With Occidental’s Hollub

Activist investor Carl Icahn formally launched a proxy fight against Occidental Petroleum to win control of four board seats after talks with the oil company's CEO failed to reach an agreement.

July 19, 2019

Business , Shale Plays , Acquisitions & Divestitures , Mergers

Kimmeridge Deal To Create Largest Delaware Basin Minerals Company

Kimmeridge said the combination of its minerals business with Midland, Texas-based Desert Royalty will create the largest pure-play mineral and royalty company in the Delaware Basin by net royalty acres.

July 18, 2019

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

Comstock Resources Wraps Up Purchase Of Haynesville Operator Covey Park

Covey Park co-CEO John Jacobi and Denham Managing Partner Jordan Marye joined the Comstock Resources board following the completion on July 16 of the roughly $2.2 billion acquisition.

July 17, 2019

Business , Shale Plays , Transactions , Mergers

A&D Trends: Reeled In

Is a trend of more consolidation suggested by the recent Anadarko Petroleum and Covey Park Energy takeovers to come in the A&D market?

July 17, 2019

Public Capital , Unconventional , Shale Plays , Acquisitions & Divestitures , Mergers

Callon Petroleum To Acquire Carrizo For $3.2 Billion

Callon Petroleum, currently a Permian Basin pure-play, will gain core oil-weighted positions in both the Permian and Eagle Ford Shale through its combination with Carrizo Oil & Gas.

July 15, 2019

Public Capital , Exploration & Production , Shale Plays , Mergers

Occidental Adds Former BlackRock Director To Board Amid Icahn Battle

Occidental Petroleum added former managing director of BlackRock Advisors, Bob Shearer, to its board amid moves from famed activist investor Carl Icahn to launch a proxy fight.

July 11, 2019

Public Capital , Mergers

Occidental Petroleum Urges Shareholders To Reject Activist Icahn's Proposal

Carl Icahn, one of the industry's most powerful activist investors, cast himself as one of the Anadarko deal's most fervent critics by charging that Occidental's bid was too expensive.

July 3, 2019