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A&D DEAL SHEET
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Sector |
Date |
Buyer |
Seller |
Value |
Comments |
|
E&P |
2/14/20 |
Undisclosed |
Lilis Energy Inc. |
$24.9 |
To buy about 1,185 undeveloped Permian Basin acres in Lea County, NM. |
|
E&P |
2/14/20 |
Undisclosed |
Riviera Resources Inc. |
$18.5 |
Purchased interests in properties located in the Overton Field of E TX. (PSA announced November; closed January) |
|
E&P |
2/14/20 |
Undisclosed |
Riviera Resources Inc. |
$4.5 |
Bought Riviera's remaining interests in properties located in the Drunkards Wash Field in the Uinta Basin. (PSA announced November; closed January) |
|
S&S |
2/18/20 |
Quorum Software |
EnergyIQ |
N/A |
Purchased EnergyIQ, a Denver-based provider of well master data management software applications. |
|
S&S |
2/21/20 |
Hunting Plc |
Enpro Subsea Ltd. |
$33 |
Acquired Enpro Subsea, a subsea production technology company based in Aberdeen, UK. |
|
Mid |
2/21/20 |
Phillips 66 Partners LP |
Phillips 66 co. |
$75 |
To acquire a 50% stake in the Liberty Pipeline, which will transport Rockies and Bakken crude oil production to Cushing, OK, through a dropdown transaction. (Expected to close March 2) |
|
Mid |
2/24/20 |
WaterBridge Resources LLC; Five Point Energy LLC |
Centennial Resource Development Inc. |
$225 |
To acquire Centennial's southern Delaware Basin produced water infrastructure in Reeves County, TX; includes $150 MM in upfront cash and additional $75 MM incentive payments over 3-year period. (Expected to close March) |
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Source: HartEnergy.com |
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For more up-to-date information on the latest deals visit Hart Energy’s online database of transactions.
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