The Latest
Shale Plays
Chesapeake Reportedly Nears $2.4 Billion Deal to Buy Chief Oil & Gas
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.
Shale Plays
Continental Resources Boosts Its Powder River Footprint
Continental Resources recently completed a “follow up” deal in the Powder River Basin, CEO Bill Berry said in an exclusive interview.
Digital Oilfield
Novi Labs Acquires Energy Data Analytics Provider ShaleProfile
The deal will see Novi Labs fully integrate ShaleProfile’s data aggregation pipeline with its AI-driven modeling and forecasting software.
Acquisitions & Divestitures
Energy A&D Transactions from the Week of Jan. 19, 2022
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.
Lease Sales
On the Market Oil and Gas Quicklist (Week of Jan. 19, 2022)
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.
Shale Plays
Legacy Reserves Markets Permian Basin, Haynesville Shale Assets, Sources Say
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.
Private Equity
Clearfork Midstream Bags First Deal after $400 Million Equity Commitment
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.
Shale Plays
German Firm Sells Half of Vaca Muerta Shale Holdings for $140 Million
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.
Lease Sales
Marketed: Team Operating Powder River Basin Regional Exit
Team Operating retained TenOaks Energy Advisors for the sale of certain operated properties located in the Powder River Basin in Wyoming’s Campbell County.
Lease Sales
Marketed: TRP Energy SCOOP/MERGE Working Interest Opportunity
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.