Chris
Mathews
Hart Energy
ArcLight Completes $865MM Deal for Phillips 66’s Stake in NatGas Line
Kinder Morgan will continue to operate the Gulf Coast Express as a project to increase the line’s capacity moves ahead.
Crescent Energy Closes $905MM Acquisition in Central Eagle Ford
Crescent Energy’s cash-and-stock acquisition of Carnelian Energy Capital Management-backed Ridgemar Energy includes potential contingency payments of up to $170 million through 2027.
ONEOK Completes EnLink Midstream Takeover for $4.3B
ONEOK had agreed to acquire the remaining stake in EnLink in November 2024 for $4.3 billion after having acquired the controlling interest a month prior.
Ovintiv Closes Montney Acquisition, Completing $4.3B in M&A
Ovintiv closed its $2.3 billion acquisition of Paramount Resource’s Montney Shale assets on Jan. 31 after divesting Unita Basin assets for $2 billion last week.
The Latest
ArcLight Completes $865MM Deal for Phillips 66’s Stake in NatGas Line
Kinder Morgan will continue to operate the Gulf Coast Express as a project to increase the line’s capacity moves ahead.
Crescent Energy Closes $905MM Acquisition in Central Eagle Ford
Crescent Energy’s cash-and-stock acquisition of Carnelian Energy Capital Management-backed Ridgemar Energy includes potential contingency payments of up to $170 million through 2027.
ONEOK Completes EnLink Midstream Takeover for $4.3B
ONEOK had agreed to acquire the remaining stake in EnLink in November 2024 for $4.3 billion after having acquired the controlling interest a month prior.
Ovintiv Closes Montney Acquisition, Completing $4.3B in M&A
Ovintiv closed its $2.3 billion acquisition of Paramount Resource’s Montney Shale assets on Jan. 31 after divesting Unita Basin assets for $2 billion last week.
E&Ps Pivot from the Pricey Permian
SM Energy, Ovintiv and Devon Energy were rumored to be hunting for Permian M&A—but they ultimately inked deals in cheaper basins. Experts say it’s a trend to watch as producers shrug off high Permian prices for runway in the Williston, Eagle Ford, the Uinta and the Montney.
Viper Buys $330MM Midland Interests in Shadow of $4.5B Dropdown
Viper Energy said that in addition to a $4.45 billion dropdown by Diamondback Energy, the company would also purchase royalty acreage in Howard County, Texas, for $330 million.
Buying Time: Continuation Funds Easing Private Equity Exits
An emerging option to extend portfolio company deadlines is gaining momentum, eclipsing go-public strategies or M&A.
EnLink Investors Vote in Favor of ONEOK Buyout
Holders of EnLink units voted in favor of ONEOK’s $4.3 billion acquisition of the stock, ONEOK announced Jan. 30.
Viper to Buy Diamondback Mineral, Royalty Interests in $4.45B Drop-Down
Working to reduce debt after a $26 billion acquisition of Endeavor Energy Resources, Diamondback will drop down $4.45 billion in mineral and royalty interests to its subsidiary Viper Energy.
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.