A&D DEAL SHEET
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Sector |
Date |
Buyer |
Seller |
Value |
Comments |
E&P |
1/20/20 |
International Petroleum Corp. |
Granite Oil Corp. |
$59 |
To acquire Calgary, Alberta-based Granite and its light oil position in the Alberta Bakken play; includes assumption of debt. (Expected to close March 2020) |
Mid |
1/21/20 |
Buckeye Partners LP |
Magellan Midstream Partners LP |
$250 |
To purchase three marine terminals located in CT, DE and LA. (Expected to close 2Q 2020) |
E&P |
1/22/20 |
BlackGold Capital Management LP |
Undisclosed |
N/A |
Purchased a diverse portfolio of mineral and royalty interests in the Midland Basin in W TX. |
S&S |
1/23/20 |
Frac Shack Inc. |
Sandtinel Technology Inc. |
N/A |
Acquired all the operating assets of the Sandtinel group of companies, a Canadian-based provider of sand separation technology in Western Canada and the US. |
S&S |
1/23/20 |
Era Group Inc. |
Bristow Group Inc. |
N/A |
To acquire fellow Houston-based offshore helicopter company in an all-stock merger transaction. (Expected to close 2H 2020) |
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) |
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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