IBAT CEO: Lithium Extraction in Smackover ‘Almost Child's Play’
Iris Jancik, the CEO of International Battery Metals, said the company aims to work with oil and gas companies to explore lithium extraction projects.
Brookfield Sells Pipeline Stake to ArcLight for Exit Totaling $1.7B
Kinder Morgan will continue as Natural Gas Pipeline Co. of America’s operator following Brookfield Infrastructure’s sale of a 25% stake to Arclight Capital Partners.
Diversified Energy Closes $1.3B Maverick Acquisition, Enters Permian
Diversified Energy Co. Plc completed its $1.3 billion acquisition of EIG-backed Maverick Natural Resources.
Sources: Citadel Buys Haynesville E&P Paloma Natural Gas for $1.2B
Hedge fund giant Citadel’s acquisition includes approximately 60 undeveloped Haynesville locations, sources told Hart Energy.
Northwind Midstream Puts Delaware Basin Plant Expansion in Service
Northwind Midstream, backed by Five Point Energy, plans to continue growing its gathering and processing and amine treatment facilities.
Westgate Energy Adds to Mannville Stack Assets in Canada
Westgate Energy Inc. is buying Mannville Stack-focused assets in Alberta for CA$7 million from an undisclosed private oil and gas company.
Expand Lands 5.6-Miler in Appalachia in Five Days With One Bit Run
Expand Energy reported its Shannon Fields OHI #3H in northern West Virginia was drilled with just one bit run in some 30,000 ft.
Diversified, Partners to Supply Electricity to Data Centers
Diversified Energy Co., FuelCell Energy Inc. and TESIAC will create an acquisition and development company focused on delivering reliable, cost efficient net-zero power from natural gas and captured coal mine methane.
Whitecap, Veren Enter $10.4B Merger of Western Canadian Basin E&Ps
Whitecap Resources and Veren Inc. will create the largest light oil and condensate producer in the Alberta Montney and Kaybob Duvernay in an all-share combination valued at CA$15 billion (US$10.43 billion).
Venture Global Plans $18B Plaquemines LNG Expansion
Venture Global’s planned $18 billion expansion of Plaquemines LNG will bring the export facility’s production capacity to 45 million tonnes per annum.