Utica Oil’s Infinity IPO Values its Play at $48,000 per Boe/d
Private-equity-backed Infinity Natural Resources’ IPO pricing on Jan. 30 gives a first look into market valuation for Ohio’s new tight-oil Utica play. Public trading is to begin the morning of Jan. 31.
Hibernia IV Joins Dawson Dean Wildcatting Alongside EOG, SM, Birch
Hibernia IV is among a handful of wildcatters—including EOG Resources, SM Energy and Birch Resources—exploring the Dean sandstone near the Dawson-Martin county line, state records show.
After Big, Oily M&A Year, Upstream E&Ps, Majors May Chase Gas Deals
Upstream M&A hit a high of $105 billion in 2024 even as deal values declined in the fourth quarter with just $9.6 billion in announced transactions.
Hirs: Investing for 2025—Growth by Acquisition
Fundamentals will push against increased production and a buyers’ market will rule.
Oil, Gas and M&A: Banks ‘Hungry’ to Put Capital to Work
U.S. energy bankers see capital, generalist investors and even an appetite for IPOs returning to the upstream space.
Haslam Family Office: ‘We Need Hydrocarbons’
The managing director of HF Capital—the office for Tennessee's Haslam family—says that as long as oil, gas and other energy sources are lacking capital, there’s an investment opportunity.
The Private Equity Puzzle: Rebuilding Portfolios After M&A Craze
In the Haynesville, Delaware and Utica, Post Oak Energy Capital is supporting companies determined to make a profitable footprint.
Ovintiv Names Terri King as Independent Board Member
Ovintiv Inc. has named former ConocoPhillips Chief Commercial Officer Terri King as a new independent member of its board of directors effective Jan. 31.
Energy Spectrum, UGI JV Buys Three Appalachia Gathering Systems
Pine Run Gathering LLC, a joint venture between Energy Spectrum Partners and UGI Corp., purchased three gathering systems in Pennsylvania from Superior Midstream Appalachian LLC.
On The Market This Week (Jan. 20, 2025)
Here is a roundup of marketed oil and gas interests in the Delaware Basin, Midcontinent and Bakken from select sellers.