Nissa
Darbonne
Oil and Gas Investor
Dividends Declared in the Week of Sept. 9
Here is a compilation of dividends declared by select upstream and service and supply companies for third-quarter 2024.
Tellurian’s Dismissed Founder Souki Builds Woodside Stake After Deal
U.S. LNG export developer Charif Souki spoke to Hart Energy post-ousting from his second LNG company, Tellurian Inc. He’s buying shares in Tellurian’s buyer, Woodside Energy.
TotalEnergies Joins Japanese Fund to Invest in Low-carbon Hydrogen
TotalEnergies has joined the Japan Hydrogen Fund as the only non-Japanese investor to develop the low-carbon hydrogen value chain.
Viper Energy Offers 10MM Shares to Help Pay for Permian Basin Acquisition
Viper Energy Inc., a Diamondback Energy subsidiary, will use anticipated proceeds of up to $476 million to help fund a $1.1 billion Midland Basin deal.
Solaris Completes Acquisition of Mobile Energy Rentals
With the acquisition of Mobile Energy Rentals complete, Solaris now has access to multiple end markets outside of the oil patch.
Kosmos to Repay Debt with $500MM Senior Notes Offer
Kosmos Energy’s offering will be used to fund a portion of its 7.125% senior notes due 2026, 7.750% senior notes due 2027 and 7.500% senior notes due 2028.
ONEOK Offers $7B in Notes to Fund EnLink, Medallion Midstream Deals
ONEOK intends to use the proceeds to fund its previously announced acquisition of Global Infrastructure Partners’ interest in midstream companies EnLink and Medallion.
Souki’s Saga: How Tellurian Escaped Ruin with ‘The Pause,’ $1.2B Exit
President Biden’s LNG pause in January suddenly made Tellurian Inc.’s LNG export permit more valuable. The company’s July sale marked the end of an eight-year saga—particularly the last 16 months, starting with when its co-founder lost his stock, ranch and yacht in a foreclosure.
Gulfport Releases Results on Senior Notes Offer Due 2026
As of the close of business on Sept. 9, the offer’s expiration date, Gulfport received tenders for an aggregate principal amount of approximately $524 million of the notes.
Cibolo Energy Closes Fund Aimed at Upstream, Midstream Growth
Cibolo Energy Management LLC closed its second fund, Cibolo Energy Partners II LP, meant to boost middle market upstream and midstream companies’ growth with development capital.