Chris
Mathews
Hart Energy
Tourmaline’s $950MM Crew Energy M&A Drills Deeper In Montney
Tourmaline Oil is adding high-quality drilling locations in Canada’s Montney Shale with the CA$1.3 billion (US$950 million) acquisition of Crew Energy Inc.
Enservco Sells Colorado-based Assets to HP Oilfield Services
Oilfield service company Enservco also announced its acquisition of Buckshot Trucking is expected to close soon.
Algonquin Reaches $2.5B Deal to Sell Non-hydro Renewables Business
Algonquin’s transaction with LS Power is expected to close in fourth-quarter 2024 or first-quarter 2025, the company says.
Summit Sees Drop-off in Gas Traffic Following Utica Midstream Sale
Summit Midstream spent the second quarter reorganizing and raising cash for the future, the company's CEO said.
Strategic Minerals Buying: A Complex Game of 52 Card Pickup
Enverus’ minerals expert Phil Dunning pulls back the curtain on generational changes and seismic shifts in the U.S. minerals market that make it challenging to for aggregators to achieve scale.
Granite Ridge Adds Interests in Midland, Delaware, Williston
Non-op Granite Ridge Resources closed transactions during and after the second quarter in multiple plays, including the Midland, Delaware, Williston, D-J and Appalachian basins.
Oxy CEO Hollub on Divestment Plans: This is Not a ‘Fire Sale’
Occidental Petroleum is keeping under wraps what it might sell to prevent compromising “our ability to maximize the value,” CEO Vicki Hollub said during an Aug. 8 earnings call.
Newly Public LandBridge Closes Three Surface Acquisitions
LandBridge’s acquisitions in second-quarter 2024 bring its total Permian Basin surface position to approximately 220,000 acres.
With ‘Pipeline of M&A,’ Crescent Ready for Another Deal
Fresh off closing its $2.1 billion SilverBow Resources acquisition, Crescent CEO David Rockecharlie told investors, “we are just getting started.”
Diamondback Curtails Permian Oil Output Amid Associated Gas Glut
Diamondback Energy, one of the Permian’s largest oil producers, curtailed some Permian oil output to limit associated gas production. Permian gas output is near record highs, and takeaway capacity out of the basin is bottlenecked.