Energy A&D Transactions from the Week of Aug. 19, 2020
Here’s a snapshot of recent energy deals including Southwestern Energy’s acquisition of Montage Resources in an all-stock deal, boosting its position in Appalachia’s Marcellus and Utica shale plays.
Energy A&D Transactions from the Week of Aug. 12, 2020
Here’s a snapshot of recent energy deals including the purchase of bankrupt Templar Energy by Presidio Petroleum, expanding Presidio’s Midcontinent position into Oklahoma’s STACK Play.
Montney Shale Consolidation Continues with Canadian Natural Resources Deal
Canadian Natural Resources’ agreement to acquire Montney producer Painted Pony follows the acquisition of Kelt Exploration’s position in the shale gas play by ConocoPhillips late last month.
Energy A&D Transactions from the Week of July 29, 2020
Here’s a snapshot of recent energy deals including a multimillion-dollar acquisition by ConocoPhillips in Canada’s Montney Shale plus CNX Resources’ buyout of its midstream affiliate.
ConocoPhillips Extends Montney Shale Position with $375 Million Acquisition
ConocoPhillips agreed to pay Kelt Exploration roughly $375 million in cash for 140,000 net acres directly adjacent to the company’s existing position in Canada’s Montney Shale.
Enbridge Makes Deal to Store Canadian Crude in Mainline as Oil Glut Grows
Mainline pipeline moves about 3 MMbbl/d of western Canadian oil.
E&P A&D Playbook: Trends in US Land Prices
This play-by-play takes a deep look into pricing trends across six key oil and gas basin areas, including the two most active gas plays and the U.S. Gulf of Mexico.
US Court Rules Against Keystone XL Permit
In a new setback for the crude pipeline project, a judge rules that the Army Corps of Engineers violated the law in approving a permit in 2017.
TC Energy to Build Keystone XL Pipeline
Construction will lead to thousands of new jobs, billions in economic stimulus and enhanced North American energy security.
Murphy Oil CEO Takes Medical Leave over Coronavirus Concerns
In the interim, David Looney, Murphy Oil’s executive vice president and CFO, will temporarily assume RogerJenkin’s responsibilities as president and CEO.