If completed, it would be the second acquisition that Chesapeake has made since February 2021, when it emerged from one of the largest oil and gas producer bankruptcies of recent years.
Continental Resources recently completed a “follow up” deal in the Powder River Basin, CEO Bill Berry said in an exclusive interview.
The deal will see Novi Labs fully integrate ShaleProfile’s data aggregation pipeline with its AI-driven modeling and forecasting software.
Here’s a snapshot of recent energy deals including the $1.9 billion merger of Falcon Minerals with privately held Desert Peak plus Clearfork bags its first deal after a $400 million equity commitment.
Here’s a quicklist of oil and gas assets on the market including TRP Energy SCOOP/MERGE working interest plus a Powder River Basin regional exit by Team Operating.
Legacy Resources has hired an investment bank to run the sale process for the assets in the Permian Basin and Haynesville Shale and is valuing them at around $800 million, sources say.
Clearfork Midstream agreed to acquire Azure Midstream Energy, which has a natural gas gathering and treating platform spanning the core areas of the Haynesville Shale formation.
Vista CEO Miguel Galuccio said the acquisition of the areas called ‘Aguada Federal’ and ‘Bandurria Norte’ would allow the company to expand its leadership in Vaca Muerta.
Team Operating retained TenOaks Energy Advisors for the sale of certain operated properties located in the Powder River Basin in Wyoming’s Campbell County.
TRP Energy retained Detring Energy Advisors for the sale its oil and gas producing properties, leasehold and related assets located in the core of the SCOOP/MERGE plays of the Anadarko Basin.