Phillips 66 Completes EPIC Acquisition

The NGL midstream deal to buy EPIC NGL is part of an ongoing dispute between Phillips and activist investor group Elliott Investment Management.

ConocoPhillips Shopping Marathon’s Anadarko Assets for $1B— Source

ConocoPhillips is marketing Anadarko Basin assets it picked up through a $22.5 billion acquisition of Marathon Oil last year, Hart Energy has learned.

Diamondback Energy Closes $4.1B Double Eagle IV Acquisition

Diamondback Energy Inc. closed on its approximately $4.1 billion deal to buy EnCap Investments’ Double Eagle IV, adding approximately 40,000 net acres in the Midland Basin to its portfolio.

Waterous Raises $1B PE Fund for Canadian Oil, Gas Investments

Waterous Energy Fund (WEF) raised US$1 billion for its third fund and backed oil sands producer Greenfire Resources.

CenterPoint Energy Completes NatGas Pipeline Sale to Bernhard

CenterPoint Energy Inc. has closed on a sale of natural gas distribution utilities in Louisiana and Mississippi to Bernhard Capital Partners.

Ring Energy Closes Central Basin Platform M&A from Lime Rock

Ring Energy added 17,700 net acres and 2,300 boe/d of production in the Central Basin Platform through an acquisition from Lime Rock Resources IV.

Haynesville Horsepower: Rigs Needed to Crest the Coming ‘Wall of Demand’

How many drilling rigs are needed in the Haynesville Shale to meet growing natural gas demand for LNG exports? Keybanc ran the numbers.

‘We’re Not Going Anywhere’: Sabine CEO on Haynesville Growth, M&A Talks

Sabine Oil & Gas CEO Carl Isaac shares insight into the company’s addition of a fourth Haynesville rig and future development plans in the play, in this Hart Energy Exclusive interview.

TG Natural Resources Wins Chevron’s Haynesville Assets for $525MM

Marketed by Chevron Corp. for more than a year, the 71,000-contiguous-net-undeveloped-acreage sold to TG Natural Resources is valued by the supermajor at $1.2 billion at current Henry Hub futures.

Sempra Plans to Sell Assets, LNG Stakes to Invest in Utilities

Infrastructure company Sempra Energy is preparing for major growth coming in electrical demand by selling assets to raise capital.