The Latest

Exxon Sits on Undeveloped Haynesville Assets as Peers Jockey for Inventory

Exxon Mobil still quietly holds hundreds of locations in the Haynesville Shale, where buyer interest is strong and inventory is scarce.

EGCO Acquires 49% Stake in Apex Clean Energy’s Pinnacle II Portfolio

Electric Generating Public Co. is acquiring ownership interest in Apex Clean Energy’s Pinnacle II portfolio, which consists of two projects with a combined capacity of 251 megawatts.

Iron Oak Energy Expands in Permian with High Roller Sand Deal

Proppant supplier Iron Oak Energy Solutions LLC is expanding in the Permian Basin with the acquisition of High Roller Sand for an undisclosed price. 

Exclusive: Camino Steps Back from $2B Midcon Sale Process—Sources

NGP-backed Camino Natural Resources, which had reportedly been seeking a $2 billion sale of its Midcontinent assets, has paused marketing the company, sources told Hart Energy.

How Elk Range Took the Leap to Buy Oxy’s $905MM D-J Heirloom

Elk Range Royalties closed on a $905 million purchase of Occidental’s assets in the Denver-Julesburg Basin in March— a once-in-a-lifetime purchase, CEO Charlie Shufeldt told Hart Energy.

Stonepeak Acquires Stake in Woodside’s Louisiana LNG for $5.7B

Investment firm Stonepeak purchased a 40% interest in a project Australia’s Woodside Energy bought last year for $900 million.

Acquisitive Public Minerals, Royalty Firms Shift to Organic Growth

Building diverse streams of revenue is a key part of growth strategy, executives tell Oil and Gas Investor. 

Brookfield Infrastructure Partners Buys Colonial Pipeline for $9B

Brookfield Infrastructure Partners LP has agreed to acquire Colonial Enterprises, the owner of the Colonial Pipeline, in a deal valued at $9 billion.

Matador Exits Eagle Ford Shale, Preps for ‘Turbulent Times’

Matador Resources Co. divested its Eagle Ford Shale assets “in preparation for turbulent times” but doesn’t expect tariffs to affect well costs until the second half of 2025.

Oklahoma E&P Canvas Energy Explores Midcon Sale, Sources Say

Canvas Energy, formerly Chaparral Energy, holds 223,000 net acres in the Anadarko Basin, where M&A has been gathering momentum.