Dorchester Minerals Closes M&A in Midland, Delaware, D-J
Limited partnership Dorchester Minerals closed two transactions in the Permian Basin and in Colorado’s Denver-Julesburg (D-J) Basin.
Trauber: Inventory Drives M&A, But E&Ps Also Vying for Relevancy
Legendary dealmaker Stephen Trauber keeps his eyes open for out of the box ideas: Why not a BP-Shell merger? Or Chevon and ConocoPhillips?
Electricity and LNG Drive Midstream Growth as M&A Looms
The midstream sector sees surging global and domestic demand with fewer players left to offer ‘wellhead to water’ services.
Baseline Energy Opens New Uinta Basin Power Generator Facility
Baseline Energy Services’ facility in the Uinta Basin plans to support the region’s mobile power generator fleet with a range of maintenance and repair services.
Jack Vaughn-Led Peak Resources Files for Powder River Basin IPO
Peak Resources LP, a Powder River Basin E&P led by industry veteran Jack E. Vaughn, is positioning itself for an IPO, filings show.
Dorchester Inks Deals for Midland, Delaware and D-J Basin Interests
Dorchester Minerals agreed to buy Permian Basin interests in the Midland and Delaware basins for roughly $215 million, based on its Sept. 16 unit price.
Beth McDonald Appointed SM Energy COO
Beth McDonald joins SM Energy as its new executive vice president and COO, bringing with her about 20 years of experience as an executive at Pioneer Natural Resources.
Non-op Rising: NOG’s O’Grady, Dirlam See Momentum in Co-purchase M&A
Non-operated specialist Northern Oil & Gas is going after larger acquisitions by teaming up with adept operating partners like SM Energy and Vital Energy. It’s helping bridge a capital gap in the upstream sector, say NOG executives Nick O’Grady and Adam Dirlam.
Rising Phoenix Royalties Adds Permian Basin Mineral Interests
The acquisition of Permian Basin interests in Dawson County, Texas, follows a July deal by Rising Phoenix Royalties for a non-operated working interests in the Denver-Julesburg (D-J) Basin.
Why Buying Double Eagle Does (and Doesn’t) Make Sense for Ovintiv
Proceeds from an Ovintiv divestiture in the Uinta Basin could help fund a deal for Double Eagle’s Midland Basin assets, but analysts say the money could just as easily be used for debt reduction.