A&D DEAL SHEET |
|||||
|---|---|---|---|---|---|
| Sector | Date Announced |
Buyer | Seller | Value (US$MM) |
Comments |
| Mid | 7/5/20 | Berkshire Hathaway Inc. | Dominion Energy Inc. | $9,700 |
To purchase Dominion's natural gas transmission and storage business; includes over 7,700 miles of natural gas transmission lines, with about 20.8 Bcf/d of transportation capacity and 900 Bcf of operated natural gas storage with 364 Bcf of company-owned working storage capacity, and partial ownership of an LNG export facility plus assumption of $5.7 B debt. (Expected to close 4Q 2020) |
| E&P | 7/8/20 | Undisclosed | Harvest Oil & Gas Corp. | $20.5 |
To purchase Appalachian Basin assets representing substantially all of the assets of Harvest in a cash and stock transaction; includes assets in the Utica Shale located across OH, PA and WV. (Expected to close August) |
| S&S | 7/17/20 | Aker Solutions ASA | Kværner ASA | N/A |
To merge with Norway-based Kværner to create a supplier of new energy production facilities, such as oil and gas production platforms or subsea systems, or offshore wind power installations. |
| E&P | 7/20/20 | Chevron Corp. | Noble Energy Inc. | $13,000 |
To acquire in all-stock transaction Houston-based Noble, which has U.S. shale assets in the Permian, D-J and Eagle Ford basins including a publicly traded midstream business plus international positions in the Eastern Mediterranean and offshore West Africa; includes assumption of $8 B in debt. (Expected to close 4Q 2020) |
| S&S | 7/20/20 | Wilks Brothers LLC | CARBO Ceramics Inc. | N/A |
Purchased Houston-based global technology company CARBO Ceramics through a debt-for-equity exchange pursuant to a plan of reorganization in a Chapter 11 bankruptcy case. |
For more up-to-date information on the latest deals visit Hart Energy’s online database of transactions.
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