A&D DEAL SHEET
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Sector |
Date |
Buyer |
Seller |
Value |
Comments |
E&P |
1/28/20 |
BCE-Mach LLC; Mach Resources LLC; Bayou City Energy Management LLC |
Alta Mesa Resources Inc.; Kingfisher Midstream LLC |
$320 |
To buy substantially all of the assets of Alta Mesa Resources and its midstream subsidiary, Kingfisher Midstream, through bankruptcy sale processes; includes 130,000 net-acre OK Stack Play position (90% HBP) and 30,000 boe/d of production (67% liquids). (Expected to close February) |
E&P |
1/31/20 |
Equinor ASA; Royal Dutch Shell Plc |
Schlumberger Ltd. |
$355 |
Purchased Schlumberger's 49% interest in the Bandurria Sur onshore block in Argentina's Vaca Muerta Shale play through a joint acquisition. |
E&P |
1/31/20 |
Equinor ASA; Royal Dutch Shell Plc |
YPF SA |
N/A |
To acquire 11% interest in the Bandurria Sur onshore block in Argentina's Vaca Muerta Shale play. |
Mid |
2/4/20 |
Black Diamond Gathering LLC (Noble Midstream Partners LP; Greenfield Midstream LLC) |
Magellan Midstream Partners LP; Plains All American Pipeline LP; Western Midstream Partners LP |
$155 |
Acquired 20% in the Saddlehorn Pipeline, which transports crude oil and condensate from the D-J and Powder River basins to Cushing, OK. |
Source: HartEnergy.com |
For more up-to-date information on the latest deals visit Hart Energy’s online database of transactions.
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