Energy A&D Transactions from the Week of Dec. 15, 2021
Here’s a snapshot of recent energy deals including back-to-back acquisitions in the Midcontinent by Tom Ward’s BCE-Mach plus the closing of Contango Oil & Gas’ combination with a KKR-backed firm.
MiQ Certifies BP's South Haynesville Natural Gas with A Grade
With this certification, BP becomes the latest major international energy producer to differentiate its natural gas through MiQ.
Energy A&D Transactions from the Week of Dec. 8, 2021
Here’s a snapshot of recent energy deals including the closing of Shell’s Permian Basin exit through a $9.5 billion deal with ConocoPhillips plus a Centennial Resource Development asset sale.
CenterPoint Begins Midstream Exit Following Enable Sale to Energy Transfer
The sale by CenterPoint, one of Enable Midstream’s two largest unitholders, was part of the $7.2 billion all-stock merger of Enable with Energy Transfer that underwent an extended FTC investigation.
US Shale Pioneer Chesapeake Energy Aims to Become an ESG Trailblazer
Chesapeake Energy aims to build upon its shale pioneer legacy by achieving this industry-first as part of the Oklahoma City-based company’s ambitious ESG and climate-related targets.
Energy A&D Transactions from the Week of Dec. 1, 2021
Here’s a snapshot of recent energy deals including the $480 million sale of Goodrich Petroleum to private equity-backed Paloma Resources.
Goodrich Petroleum Agrees to $480 Million Sale to Paloma
Upon the completion of the transaction, Goodrich Petroleum will become a privately held company and shares of Goodrich common stock will no longer be listed on any public market.
Southwestern Taps Derivative Position to Support Recent Haynesville Acquisition
The incremental hedge positions are sufficient to cover at least 80% of the expected 2022-24 production from the acquired GEP Haynesville properties, according to the Southwestern Energy release.
Cold Bore Records 43% Revenue Growth, 70% Increase in Employees in Past Six Months
Cold Bore has seen a 38% increase in the deployment of its SmartPAD completions system across the five major U.S. basins.
Energy A&D Transactions from the Week of Nov. 17, 2021
Here’s a snapshot of recent energy deals including the acquisition of Veritas Energy’s nonop position by Northern Oil and Gas in a transaction worth over $500 million in the Permian Basin plus a $2.5 billion Freeport LNG deal.