Deon
Daugherty
Hart Energy
Nabors Launches Second Energy Transition SPAC
Nabors Energy Transition Corp. II intends to raise $300 million with a proposed public blank check company, or SPAC – it’s second of 2023.
Kodiak Gas Services Aims for $1.65B Valuation in US IPO
Kodiak Gas Services is looking to sell 16 million shares in its IPO, which will raise approximately $352 million at the top of the proposed range.
Danny Rice-led Merger Adds SK Group as JV Partner
In addition to the joint venture, SK Group also committed $50 million in PIPE financing for NET Power and RONI's proposed $1.5 billion business combination.
California E&P Trio Petroleum Launches IPO
California-based Trio Petroleum has launched an IPO on the New York Stock Exchange American with expectations of raising $6 million in gross proceeds.
Tellurian’s Driftwood LNG Saga Continues
Tellurian Inc., which is developing the Driftwood LNG LLC project in Lake Charles, is looking to double its authorized shares amid an ongoing search for up to $2 billion in equity funding to move the project forward.
Service Provider Atlas Energy Solutions Launches IPO
Atlas Energy Solutions' 18 million Class A common stock shares are expected to sell for between $20 and $23 a share.
Chevron Reiterates Permian’s 2025 Growth Target Despite Delaware ‘Falling Short’
Chevron chairman and CEO Mike Wirth said that the company hopes to reach 1 MMboe/d of production in the Permian Basin by 2025 before plateauing at approximately 1.2 MMboe/d.
ADNOC Gas Business Stake Sale Raised to 5%
ADNOC's stake increase for its gas business from the original 4% is based on significant investor demand.
Column: M&A Critical Path to E&P Value Creation
Public E&P focus has shifted to the sustainability of free cash payouts from ESG and climate concerns, as well as traditionally poor returns of/on capital.
ADNOC to Float 4% of its Gas Business in IPO
Following the IPO of its gas business, ADNOC will hold a 91% stake in ADNOC Gas.