Marketed: Williston Basin Nonop Working Interest Assets
Ritter, Laber & Associates Inc. / Pilot Energy Group retained Eagle River Energy Advisors LLC for the sale of Williston Basin nonoperated working interests and associated acreage across North Dakota and Montana.
Hess to Give ‘Strong Consideration’ to Fourth Bakken Rig
Hess also opted to pay roughly $325 million to remove Brent $105 call options and WTI $100 call options in a bid to profit off a steep rise in oil prices, CEO John Hess said at the Scotia Howard Weil Energy Conference.
Marketed: GRP Energy Capital Multibasin Mineral, Royalty Opportunity
GRP Energy Capital LLC retained Stephens Inc. for the sale of certain mineral and royalty interests located across multiple major U.S. oil and gas basins including the Permian, D-J and Williston Basin.
Quick Take: Potential Sale of Exxon Mobil’s Bakken Assets
Exxon Mobil continues to pursue opportunities to divest, and the oil and gas supermajor’s Bakken assets could be worth $5 billion.
Energy A&D Transactions from the Week of March 16, 2022
Here’s a snapshot of recent energy deals including the Petro-Hunt’s acquisition of Delaware Basin assets from Admiral Permian Resources.
On the Market Oil and Gas Quicklist (Week of March 16, 2022)
Here’s a quicklist of oil and gas assets on the market including a Ridge Runner Resources Northern Delaware nonop opportunity and Kaiser-Francis Oil Arkoma Basin exit.
Exxon Mobil Considering $5 Billion Sale of Bakken Assets: Report
The Bakken properties could be worth about $5 billion and Exxon Mobil is in the final round of interviewing bankers to help launch the sale process, a report said.
On the Market Oil and Gas Quicklist (Week of March 9, 2022)
Here’s a quicklist of oil and gas assets on the market including the sale of AVAD Energy Partners and Vendera Resources operated Permian Basin properties in Crockett County, Texas.
Whiting, Oasis Petroleum to Combine in $6 Billion ‘Merger of Equals’
The combined company, to be led by Oasis CEO Danny Brown, will operate a premier Williston Basin position under a new name.
Oasis, Whiting Petroleum Reportedly in Talks to Merge in All-stock Deal
The combined value of the two U.S. shale companies would be around $6.07 billion, based upon closing prices on March 4, which valued Oasis Petroleum at $2.8 billion and Whiting Petroleum at $3.27 billion.