Marketed: CrossRoads Horizon and Paladin Oil Non-Op WI Assets
CrossRoads Horizon LLC and Paladin Oil LLC retained EnergyNet for the sale of a non-operated working interest in three J. H. Kurth Jr. B-lease wells located in Newton County, Texas, and operated by Foundation Energy Management.
Strange Brew: 2022 M&A Neared Two-decade Low, but Large-cap E&Ps Sitting Pretty
Despite large-cap publics such as Devon Energy, Diamondback and Marathon Oil dominating M&A in 2022, the overall deal count fell to the lowest level since 2005, according to Enverus.
Marketed: CrossRoads Horizon, Paladin Oil Well ORRI
CrossRoads Horizon LLC and Paladin Oil LLC retained EnergyNet for the sale of an overriding royalty interest in three J. H. Kurth Jr. B-lease wells located in Newton County, Texas, operated by Foundation Energy Management.
Marketed: Tipula Enterprises Investment Co State Lease 21 Well WI
Tipula Enterprises Investment Co. retained EnergyNet for the sale of a non-operated 1.5% working interest in the State Lease 21 #1 well located in Brazoria County, Texas.
A&D Minute: Chesapeake's Eagle Ford Divestiture with a Twist [WATCH]
Also in this week's A&D Minute: Permian Resources' purchases and sales add up to nearly $300 million, plus see what private equity experts are saying about A&D this year.
Energy A&D Transactions from the Week of Jan. 25, 2023
Here’s a snapshot of recent energy deals including Chesapeake Energy’s $1.4 billion deal to sell Eagle Ford Shale acreage in the Brazos Valley region to WildFire Energy, and Matador Resource’s $1.6 billion bolt-on acquisition in the northern Delaware Basin.
Marketed: Paloma Natural Gas Gulf Coast PDP Asset Divestiture
Paloma Natural Gas LLC retained Opportune Partners LLC as its exclusive financial advisor for the sale of certain oil and gas assets yielding net production of 544 boe/d in Mississippi and Louisiana.
Freeport LNG Says Texas Plant Repairs Completed, Seeks to Restart Some Operations
According to the U.S. Federal Energy Regulatory Commission, Freeport LNG asked for permission to begin introducing LNG into its Texas plant's piping system.
Marketed: Kaiser-Francis Oil Co. Sabine Lake Opportunity
Kaiser-Francis Oil Co. retained EnergyNet for the sale of a three-well, ~473 net leasehold acres package located in Cameron Parish, La.
NextDecade, Itochu Corp. Execute LNG Sale and Purchase Agreement
NextDecade Corp. anticipates reaching final investment decision on the first three trains of LNG in the first quarter of 2023.