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Edison Sells Stake in Algeria Gas Field to Repsol, Wintershall Dea
Repsol will buy 6.75% of the gas field and Wintershall Dea will get 4.50%.
June 30, 2022
Shell Buys Operating Stake in Equinor’s North Platte in US Gulf of Mexico
To reflect the change, Equinor and Shell have agreed to rename the North Platte development, located in the Garden Banks area of the U.S. Gulf of Mexico, to Sparta.
June 29, 2022
Environmental Groups Sue to Block Biden Administration Oil and Gas Auctions
The lawsuit, filed in federal court in Washington D.C., alleges that the Interior’s Bureau of Land Management violated the law by failing to adequately analyze the oil and gas lease sales’ impact on climate change.
June 29, 2022
Energy A&D Transactions from the Week of June 29, 2022
Here’s a snapshot of recent energy deals including another acquisition by Earthstone Energy for the Permian Basin New Mexico assets of Titus Oil & Gas for $627 million.
June 29, 2022
On the Market Oil and Gas Quicklist (Week of June 29, 2022)
Here’s a quicklist of oil and gas assets on the market including a Mammoth Exploration Strawn Sand well package plus Salt Creek Oil and Gas nonop Williston Basin assets.
June 29, 2022
Petro-Hunt: The Searchers
Despite the Hunt family’s famous patriarch—legendary oil tycoon H.L. Hunt—Petro-Hunt LLC’s dealings, including a recent Permian Basin acquisition, remain a family affair.
June 29, 2022
Who’s Who in E&P A&D: SJ Resource Partners’ Sasha Gumprecht
SJ Resource Partners vice president of business development Sasha Gumprecht’s strategy for dealmaking is simple: build relationships.
June 29, 2022
Marketed: Stephens Operated STACK Opportunity
Stephens Natural Resources LLC and Stephens Energy Group LLC retained Detring Energy Advisors for the sale of operated STACK assets located in Blaine, Kingfisher, Garfield, Payne and Logan counties, Oklahoma.
June 29, 2022
Marketed: Sabine Oil & Gas East Texas Operated, Nonop Properties
Sabine Oil & Gas retained RedOaks Energy Advisors for the sale of certain operated and nonoperated properties located in East Texas that includes Haynesville refrac opportunities.
June 29, 2022
Exxon Mobil, Imperial Sell Canada Shale Assets for $1.5 Billion Cash
Imperial and Exxon Mobil agreed to sell XTO Energy Canada, a jointly owned shale producer in Western Canada, in an all-cash transaction to Whitecap Resources.
June 28, 2022