Tokyo Gas will pay about $620 million as it increases its ownership in Castleton Resources, a U.S. shale gas operator focused on being a consolidator of E&P assets in the Ark-La-Tex region.
Editor’s note: there were no updates from the previous week’s A&D transactions chart that ran July 8.
Here’s a snapshot of recent energy deals including the acquisition of Dominion's natural gas transmission and storage segment by Warren Buffett’s Berkshire Hathaway in a transaction worth nearly $10 billion.
The JV transaction marks Osaka Gas’ first acquisition in the midstream business in the U.S. following the Japanese company’s purchase of Sabine Oil & Gas late last year.
Matador Resources CEO Joseph Wm. Foran said he also voluntarily agreed to reduce his base salary by 25% as the Permian Basin operator responds to a slump in oil prices.
Fresh off of a multibillion-dollar sale of its midstream interests, natural gas producer Indigo Natural Resources is flying high above the storm clouds.
Bulldog can process 200 MMcf/d of natural gas and extract up to 12,000 bbl/d of NGL.
Castleton Resources, owned by a global energy commodity merchant and Tokyo Gas, has steadily been building a position of gas assets in the Ark-La-Tex region since its formation in 2014.
Here’s a quicklist of oil and gas assets on the market including an Austin Chalk HBP leasehold package plus New Mexico exploratory acreage from Shell.
Here’s a quicklist of oil and gas assets on the market including a Permian Basin nonop package plus assets from QEP and Salt Creek Oil and Gas.