On the Market Oil and Gas Quicklist (Week of Aug. 3, 2022)
Here’s a quicklist of oil and gas assets on the market including a Sabine Oil and Gas Upton County, Texas property package plus a KONA Oil & Gas nonoperated multibasin opportunity concentrated in top resource plays throughout the Lower 48.
Marketed: Bissell Oil South Green River Basin Development Opportunity
Bissell Oil was retained by Energy Advisors Group (EAG) to source capital for the development of their Green River vertical development prospect located in Summit and Daggett Counties, Utah.
Energy A&D Transactions from the Week of July 20, 2022
Here’s a snapshot of recent energy deals including the acquisition by ConocoPhillips of a stake in a Texas LNG project plus a $307 million stock-for-stock deal by Houston’s VAALCO Energy.
Energy A&D Transactions from the Week of July 6, 2022
Here’s a snapshot of recent energy deals including Ring Energy’s acquisition of Stronghold in the Permian Basin for up to $465 million and the closing of Whiting and Oasis Petroleum’s $6 billion merger.
Ovintiv to Sell ‘Noncore’ Bakken, Uinta Assets for $250 Million
As a result of the agreements to sell portions of its assets located in the Bakken and Uinta basins, Ovintiv said it has elected to accelerate the doubling of its cash returns to shareholders starting immediately.
PE-backed Gas Producer Terra Energy Partners Explores $2.5 Billion Sale: Sources
Private equity firms Kayne Anderson Capital Advisors and Warburg Pincus launched an auction process to sell their majority stake in Houston-based Terra Energy Partners earlier this month, sources say.
A&D Watch: Utah’s—Yes, Utah—M&A Spree
While it’s inevitable that another basin snatches a ray of limelight from the Permian Basin from time to time, probably no one expected a rare run on Utah’s Uinta Basin, where M&A has suddenly been heating up.
Energy A&D Transactions from the Week of April 27, 2022
Here’s a snapshot of recent energy deals including the closing of Targa’s $200 million acquisition of Southcross Energy plus Diversified Energy’s East Texas expansion.
Energy A&D Transactions from the Week of April 13, 2022
Here’s a snapshot of recent energy deals including Delek Logistics’ $625 million acquisition of 3Bear Energy, which expands its Permian position into the Delaware Basin.
Energy A&D Transactions from the Week of April 6, 2022
Here’s a snapshot of recent energy deals including the closing of EnCap’s sale of EP Energy Utah assets to KKR-backed Crescent Energy for $690 million.