US Shale Pioneer Chesapeake Energy to Buy Gas Producer Vine Energy for $2.2 Billion
In the latest deal among natural gas producers in the U.S. shale region, Chesapeake Energy Corp. agreed to acquire Plano, Texas-based gas producer Vine Energy Inc. in a zero premium transaction valued at approximately $2.2 billion.
Oil and Gas Investor: Natgas ‘Shoulder Months’ Canceled?
Something unusual is happening on the way to 2022. The “shoulder months” are barely shoulder months. A one-year wonder or a new gas paradigm? Outlooks are favoring the latter. Here’s why.
On the Market Oil and Gas Quicklist (Week of Aug. 4, 2021)
Here’s a quicklist of oil and gas assets on the market including core Williston Basin assets from Gulfport Energy plus Mammoth Exploration’s conventional Permian Basin footprint and Black Stone Energy interest in over 6,500 wells.
Vine Energy Aims for Haynesville First through RSG Partnership
Plano, Texas-based Vine Energy aims to become the first natural gas producer in the Haynesville Basin to certify 100% of its assets as “responsibly sourced” through an agreement with Project Canary.
Energy A&D Transactions from the Week of July 28, 2021
Here’s a snapshot of recent energy deals including the acquisition of a “unique opportunity” in the Permian Basin by Lime Rock Resources in a $508.3 million deal plus Whiting Petroleum’s exit from the D-J Basin.
On the Market Oil and Gas Quicklist (Week of July 28, 2021)
Here’s a quicklist of oil and gas assets on the market including a Rockcliff Energy package of long-lived conventional production in East Texas plus the sale of an undivided 50% in BHCH Mineral’s legacy mineral and royalty portfolio.
Marketed: BHCH Mineral Legacy Mineral, Royalty Portfolio
BHCH Mineral Ltd. retained TenOaks Energy Advisors for the sale of an undivided 50% of its legacy mineral and royalty portfolio located across numerous basins in the continental U.S. broken up into four sub-packages.
Kinder Morgan Says Permian Basin, Haynesville Will Need New Natural Gas Pipelines
Kinder Morgan CEO Steven Kean told analysts during a conference call late on July 21 that the Permian Basin will probably need another gas pipeline in the middle of the decade.
Energy A&D Transactions from the Week of July 21, 2021
Here’s a snapshot of recent energy deals including Kinder Morgan’s entry into the energy transition space through a $310 million acquisition.
Southwestern Energy Appoints Former SandRidge CEO Carl Giesler as CFO
The appointment, which follows a release earlier this week by SandRidge announcing Carl Giesler’s departure, comes at “an impactful time for Southwestern Energy,” says President and CEO Bill Way.