Trends
Restructurings , Public Capital , Exploration & Production , Shale Plays , Trends
Alta Mesa Succumbs To Bankruptcy; Names Mark Castiglione CEO
Alta Mesa Resources, a Houston-based independent which bet big on Oklahoma’s Stack, joins a growing number of U.S. shale producers that have filed for bankruptcy so far this year.
Trends
A&D Transactions From The Week Of Sept. 11, 2019
Here’s a snapshot of energy deals from the past week including multimillion-dollar asset sales in the Permian and Uinta basins from Concho Resources and Crescent Point Energy.
Business , Exploration & Production , Acquisitions & Divestitures , Trends
BP’s Alaska Exit Highlights Divergence Between Majors, Privates
The multibillion-dollar sale of BP’s Alaska business to Hilcorp illustrates the divergent strategies of the majors from private oil and gas players, analysts say.
Business , Unconventional , Shale Plays , Acquisitions & Divestitures , Trends
Chevron Shale Exec: ‘We’re Always Looking’ To Transact
The major is still open to asset transactions as it continues to optimize and grow production in the Permian Basin.
Unconventional , Trends , Mergers
Halliburton CEO Sees Consolidation In Oilfield Services As Shale Matures
The largest U.S. supplier of fracking services to oil and gas producers expects its third-quarter results will be at the low end of its earlier forecasts as activity slows.
Trends
A&D Transactions From The Week Of Sept. 4, 2019
Here’s a snapshot of energy deals from the past week including Hilcorp’s $5.6 billion acquisition of BP’s Alaska business and Riviera’s multimillion-dollar Hugoton exit.
Private Equity , Exploration & Production , Shale Plays , Trends
The PE-Backed E&P, v.2019
Public E&P investors are insisting that operators produce returns, so private-equity-backed E&Ps wanting to sell to a public E&P are working to do the same. One said, “It all rolls downhill.”
Exploration & Production , Trends
VIDEO SERIES: Part Two, What Deals Are Getting Done
The M&A market is challenged but there are still deals getting done. In this video, we look at what deals are proving to be beneficial for companies at this time.
Public Capital , Trends
OGI At Closing: Needed—Lazy Capex, Some M&A
Will consolidation, scale and slower growth be truly what it takes to attain profitability and free cash flow and grab investor attention?
Trends
A&D Transactions From The Week Of Aug. 28, 2019
Here’s a snapshot of energy deals from the past week including the PDC and SRC Energy merger, which will create the second-largest D-J Basin producer, and Kinder Morgan’s $2.5 billion asset sale.