Darren
Barbee
Oil and Gas Investor
Chord Juggles Closing $4B Enerplus Deal, Plans to Drill 4-mile Laterals
Chord Energy expects to close its Enerplus acquisition by the end of May but, for now, is focused on three-mile and, eventually, four-mile laterals in the Williston Basin.
Sitio Closes D-J Basin Deal, Looks to Defragment Minerals Space
Sitio Royalties closed its acquisition of 13,062 net royalty acres. CEO Chris Conoscenti has a strong pipeline of minerals acquisition opportunities.
Riley Exploration Permian Closes Delaware Basin Bolt-on
Riley Exploration Permian said it added 13,900 acres and up to 25 net locations in Eddy County, New Mexico.
Equinor Acquires Stake in Standard Lithium Smackover Projects
Equinor’s transaction, completed effective May 7, includes interests in Standard Lithium’s flagship South West Arkansas Project and East Texas properties.
The Latest
Chord Juggles Closing $4B Enerplus Deal, Plans to Drill 4-mile Laterals
Chord Energy expects to close its Enerplus acquisition by the end of May but, for now, is focused on three-mile and, eventually, four-mile laterals in the Williston Basin.
Sitio Closes D-J Basin Deal, Looks to Defragment Minerals Space
Sitio Royalties closed its acquisition of 13,062 net royalty acres. CEO Chris Conoscenti has a strong pipeline of minerals acquisition opportunities.
Riley Exploration Permian Closes Delaware Basin Bolt-on
Riley Exploration Permian said it added 13,900 acres and up to 25 net locations in Eddy County, New Mexico.
Equinor Acquires Stake in Standard Lithium Smackover Projects
Equinor’s transaction, completed effective May 7, includes interests in Standard Lithium’s flagship South West Arkansas Project and East Texas properties.
Vår Selling Norne Assets to DNO
In exchange for Vår’s producing assets in the Norwegian Sea, DNO is paying $51 million and transferring to Vår its 22.6% interest in the Ringhorne East unit in the North Sea.
Evolution Petroleum Sees Production Uplift from SCOOP/STACK Deals
Evolution Petroleum said the company added 300 gross undeveloped locations and more than a dozen DUCs.
Permian Resources Adds More Delaware Basin Acreage
Permian Resources also reported its integration of Earthstone Energy’s assets is ahead of schedule and raised expected annual synergies from the deal.
Crescent Point Divests Non-core Saskatchewan Assets to Saturn Oil & Gas
Crescent Point Energy is divesting non-core assets to boost its portfolio for long-term sustainability and repay debt.
Dara Energy Acquires Assets in Three States from Vinland
Dara Energy closed an acquisition of low decline oil and gas assets in Kentucky, Tennesee and Texas from Vinland Energy.
Utility, Clean Energy Company Allete to Go Private in $6.2B Deal
The Minnesota-based utility said on May 6 it agreed to be acquired by a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners.