Energy A&D Transactions from the Week of April 14, 2021
Here’s a snapshot of recent energy deals including a $312 million sale by Hess in the Bakken plus Saudi Aramco signs a $12.4 billion pipeline deal.
Energy A&D Transactions from the Week of April 7, 2021
Here’s a snapshot of recent energy deals including two large Permian Basin deals including the surprise $6.4 billion acquisition of DoublePoint Energy by Pioneer Natural Resources.
Whitecap Resources to Buy Quantum-backed Kicking Horse Oil & Gas
Whitecap’s indirect acquisition of Kicking Horse consists of 34.5 million Whitecap common shares and CA$56 million in cash, along with the assumption of net debt estimated at CA$54 million as of Feb. 28.
Energy A&D Transactions from the Week of Feb. 17, 2021
Here’s a snapshot of recent energy deals including the $2.2 billion all-stock combination of Canadian oil producers ARC Resources and Seven Generation plus Energy Transfer’s multibillion-dollar acquisition of Enable Midstream.
ARC Resources to Buy Seven Generations in $2.2 Billion All-stock Deal
Following the acquisition of Seven Generations by ARC Resources, the combined company will become the biggest operator in western Canada’s premier Montney shale play.
Denver-based Oil Producer Ovintiv Faces Proxy Fight from Kimmeridge
Earlier this month, Kimmeridge had urged Ovintiv to focus on capital allocation, management compensation issues and establishing environmental strategy.
Trans Mountain Pipeline Sees Fortunes Shine After KXL’s Demise
Investors say the pipeline is more valuable now.
Oil and Gas Industry Stung by Biden’s Blow Against KXL
Analysts wonder if the timing portends trouble for infrastructure projects by the oil and gas industry with the new administration.
Biden May Cancel Keystone XL Pipeline Permit as soon as First Day
President-elect Joe Biden is planning to cancel the permit for the $9 billion Keystone XL pipeline project as one of his first acts in office, and perhaps as soon as his first day, according to a source familiar with his thinking.