Some executives say current high prices and relatively low service costs make production economics the best in years.
CEO Bill Berry said he was gratified Continental’s 2021 deals caught most observers off guard since he sees a close-to-the-vest approach as a key to successful M&A.
Here’s a snapshot of recent energy deals including Maverick’s $440 million acquisition of ConocoPhillips Permian Basin assets plus further M&A activity in the Permian and D-J basins.
Here’s a quicklist of oil and gas assets on the market including nonoperated working interest in the Midland Basin by a private seller plus Stephens Production properties across Colorado, Michigan, North Dakota, Oklahoma, Texas and Wyoming.
Here’s a snapshot of recent energy deals including a flurry of A&D activity by Chesapeake Energy totaling over $3 billion that included the previously rumored acquisition of Chief Oil & Gas and an exit from the Powder River Basin.
Here’s a quicklist of oil and gas assets on the market including a Mammoth Exploration Permian Basin divestiture focused in Andrews, Pecos and Ector counties, Texas, plus Ichor Energy operated conventional oil assets primarily located near the Texas-Louisiana border.
Continental Resources recently completed a “follow up” deal in the Powder River Basin, CEO Bill Berry said in an exclusive interview.
Here’s a quicklist of oil and gas assets on the market including TRP Energy SCOOP/MERGE working interest plus a Powder River Basin regional exit by Team Operating.
Team Operating retained TenOaks Energy Advisors for the sale of certain operated properties located in the Powder River Basin in Wyoming’s Campbell County.
Upon his retirement, Jack Stark will transition into a part-time consulting role as a senior adviser to Continental Resources CEO Bill Berry.