The Latest

Marketed: Canyon Creek Energy - Arkoma, Hughes County, Oklahoma, Package

Canyon Creek Energy - Arkoma LLC retained EnergyNet for the sale of operated working interest in two producing horizontal wells in Oklahoma’s Hughes County.

November 28, 2022

China’s CNOOC Steps Up Western Retreat with Launch of US Shale Sale

CNOOC has hired JPMorgan to advise it on a potential exit from its interests in U.S. shale gas assets, which could raise around $2 billion, the sources familiar with the matter said.

November 23, 2022

Appalachia Assets Operated by Seneca Resources Sold to IOG Resources

The deal includes Clearfield, Elk and McKean counties, Pennsylvania, assets with current net production averaging about 17 MMcf/d. 

November 22, 2022

UK Says Baker Hughes-Altus Deal May Hurt OFS Competition

The regulator said Baker Hughes and Altus have five working days to submit proposals to address its concerns, otherwise the watchdog will refer the deal to an in-depth Phase 2 probe.

November 22, 2022

Permian Resources Could Entertain Value Propositions Next Year, Co-CEO Says

Recently formed Permian Resources isn’t averse to looking at value propositions but at the moment the company is focused on driving synergies and creating shareholder value, Co-CEO Will Hickey told attendees of Hart Energy’s Executive Oil Conference.

November 22, 2022

Texas Shale Producer Ranger Oil Explores Sale, Sources Say

Shares in Ranger Oil, which operates in the Eagle Ford Shale, jumped over 5% on Nov. 18 after Reuters reported the company’s sale efforts.

November 21, 2022

Diamondback Flexes Equity Muscles in $3.3 Billion Lario, FireBird Deals

Diamondback, Marathon Oil and Devon have dominated second-half M&A thanks to higher EBITDA multiples and yields than smaller E&P competitors can offer.

November 18, 2022

Chevron to Acquire Full Ownership of Beyond6 CNG Fueling Network

Along with partnerships with Brightmark and California BioEnergy, Chevron's acquisition of Beyond6 will expand the company's low emissions project portfolio.

November 18, 2022

Double Eagle Energy Unveils 25,000-Acre Permian Basin Footprint

Double Eagle has garnered almost $2 billion in equity commitments for its Double Eagle IV partnership which could bring upwards to 25,000 net acres under its ownership in the Permian Basin by year-end, CFO Joshua A. Gregg told attendees at Hart Energy’s annual Executive Oil Conference.

November 18, 2022

Exclusive: What’s at the Top of Legendary Wildcatter Gene Shepherd’s List [WATCH]

Legendary Wildcatter Gene Shepherd, who now is on the hunt for $1 billion deals as CEO of VTX Energy Partners, spoke to Hart Energy about the exploration environment and why he’s now considering gas.

November 17, 2022