Acquisitions & Divestitures , Crude Oil , Restructurings , Shale Plays
Chord Closes $4B Enerplus Acquisition for Williston Basin Scale
The Enerplus transaction gives Chord Energy another decade of drilling runway in the Bakken Shale play—the nation’s second-largest oil field.
Acquisitions & Divestitures , Shale Plays , Crude Oil , Transactions
Multi-basin Mayhem: Conoco, Marathon Tout Eagle Ford, Bakken Runway
ConocoPhillips and Marathon Oil—which both trace their roots to the breakup of John D. Rockefeller’s Standard Oil Trust more than a century ago—are combining in a $22.5 billion deal.
Acquisitions & Divestitures , Shale Plays , Finance , Exploration & Production
The Shape of M&A to Come: Is Devon Up Next to Join the Spree?
ConocoPhillips' recent $17.1 billion deal to acquire Marathon Oil came after the company missed out on buying CrownRock and Endeavor, two companies Devon Energy took a hard look at, Moelis’ Stephen Trauber said.
Acquisitions & Divestitures , Shale Plays , Liquefied Natural Gas (LNG) , Natural Gas , Finance
Tellurian Goes All in on LNG with Upstream Divestiture to Aethon
Tellurian, which is developing the 27.6 mtpa Driftwood project in Louisiana, relaunched itself as a LNG pure play with the sale of its Haynesville upstream assets to Aethon Energy, but analysts see lingering financial problems for the company.
Artificial Intelligence , Shale Plays , Promotions
Enverus Names Manuj Nikhanj as New CEO
Enverus President Manuj Nikhanj will take over as CEO of the top energy analytics firm on July 1, succeeding Jeff Hughes, who will continue as executive chairman.
Shale Plays , Field Development , Crude Oil , Natural Gas , Super DUG , Hart Energy Exclusive
Exclusive: Devon Energy Weighing More ‘Unmatched’ Delaware Inventory
Devon Energy’s John Raines delves into capital allocation trends in the Delaware Basin and why the region is attractive to Devon’s operations, in this Hart Energy Exclusive interview.
Acquisitions & Divestitures , Shale Plays , Crude Oil
CEO: FireBird II Prowls Western Midland Basin for M&A, Deep Exploration
After selling the first FireBird Energy to Diamondback for $1.6 billion, the FireBird II team is adding leases and scaling oil production in the western Midland Basin, CEO Travis Thompson said at Hart Energy’s SUPER DUG Conference & Expo.
Acquisitions & Divestitures , Shale Plays , Crude Oil , Super DUG , Hart Energy Exclusive
CEO: FireBird Energy Constantly Scouring the Midland Basin for Deals
Travis Thompson, CEO of FireBird Energy II, said the company has made about 13 acquisitions since its inception in April 2023 and currently has two rigs running.
Shale Plays , Exploration & Production , Acquisitions & Divestitures , Crude Oil
Kimmeridge Exits SilverBow Proxy Fight, Takes Credit for $2.1B Crescent Deal
Kimmeridge will withdraw from a proxy fight with SilverBow Resources in light of a $2.1 billion offer by Crescent Energy for the Eagle Ford Shale E&P.
Acquisitions & Divestitures , Shale Plays , Crude Oil
WildFire Energy I Buys Apache’s Eagle Ford, Austin Chalk Assets
Private producer WildFire Energy I, backed by Warburg Pincus and Kayne Anderson, scooped up Apache’s portfolio in the eastern Eagle Ford and Austin Chalk plays.