Analysts: Army Corps’ New Stream Crossing Rules Could Hurt Pipes
Revisions make it easier for projects to move forward but could be reversed by the incoming Biden administration.
Energy A&D Transactions from the Week of Dec. 9, 2020
Here’s a snapshot of recent energy deals including the closing of the sale of bankrupt Permian Basin producer Lilis Energy to Ameredev plus a $430 million all-stock combination of Canadian producers.
Canadian Producers Protest Enbridge Mainline Tolling Plan
New agreement would reserve 90% of the system’s capacity for long-term contracts.
Whitecap Resources to Buy TORC Oil & Gas in $430 Million All-stock Deal
Under the deal announced on Dec. 8, shareholders of TORC Oil & Gas will receive 0.57 Whitecap Resources shares in exchange for each TORC share, representing a discount of about 4.3% to the last closing price of TORC shares.
Minn. Agency OKs Final Permit for Enbridge Line 3
Replacement project completion could take six to nine months, company says.
Shale Producer Ovintiv Promotes Brendan McCracken to President
Brendan M. McCracken succeeds Michael McAllister, Ovintiv’s former president who retired in June after 20 years with the company and nearly 40 years in the industry.
TC Energy Sees Higher Costs for Coastal Gaslink Pipeline
Company blames the size of the project, permit delays and impacts from COVID-19.
Energy A&D Transactions from the Week of Oct. 21, 2020
Here’s a snapshot of recent energy deals including a wave of upstream mergers in the Permian Basin that saw ConocoPhillips agreeing to acquire Concho Resources and Pioneer Natural Resources buying Parsley Energy.
Energy A&D Transactions from the Week of Sept. 2, 2020
Here’s a snapshot of recent energy deals including Panhandle Oil and Gas’ entry into the Haynesville Shale through the acquisition of two packages of royalty acreage from Red Stone Resources.
Energy A&D Transactions from the Week of Aug. 26, 2020
Here’s a snapshot of recent energy deals including Occidental Petroleum’s $1.33 billion sale of Rockies assets plus the closing of ConocoPhillips’ multimillion-dollar Montney Shale acquisition.