This is your Hart Energy A&D Minute with Jordan Soto and powered by A&D Strategies and Opportunities Conference.
Chevron put Delaware Basin acreage up for sale that Enverus estimates could fetch between $100 million and $500 million. Enverus’ Andrew Dittmar told Hart Energy that the bid-ask spreads remain “just brutal” but that, like any seller, Chevron “just needs that one buyer that likes it.”
SilverBow Resources agreed to an Eagle Ford Shale bolt-on acquisition on Oct. 3, which marked SilverBow’s first transaction since adopting a poison pill to fend off activist investor Kimmeridge last month.
Northern Oil and Gas remains Piper Sandler’s “favorite idea in SMID E&P.” Find out why in our coverage of NOG’s recent Delaware Basin bolt-on.
This Hart Energy A&D Minute is powered by A&D Strategies and Opportunities Conference on Oct. 26 in Dallas. Watch new A&D Minute episodes every Wednesday, and don’t forget to sign up for our A&D Watch newsletter at HartEnergy.com/newsletters/ad-watch.
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