Jordan
Blum
Hart Energy
Utica Oil Riches’ Biggest Challenge: Moving the Crude
Leslie Armentrout, the president and co-founder of Silver Cross Energy Partners discusses the opportunities of the Central Basin Platform and Utica—and the challenges.
Enterprise Closes $950MM Acquisition of Delaware’s Piñon Midstream
Enterprise Products Partners acquisition of Piñon Midstream expands Enterprise’s New Mexico Delaware Basin footprint with sour-gas processing.
Alliance Adds Mineral Interests to Its Permian-weighted Portfolio
Alliance Resource Partners reported purchasing about $10.5 million of mineral assets in the third quarter.
Blackstone in Talks to Buy US Pipeline Stakes from EQT for $3.5B, Sources Say
If the talks are successful, the deal would help natural gas producer EQT slash the debt pile it accumulated from its acquisition of pipeline operator Equitrans Midstream earlier this year.
Small-ball Deals Plentiful, but Prices Vary
Despite a smaller IPO market and a fiscal discipline mandate, many small players continue to find and make deals in the U.S. oil patch, panelists said during Hart Energy’s A&D Conference in Dallas, Texas.
EIG’s MidOcean Completes Acquisition of Additional 15% Stake in Peru LNG
MidOcean Energy now holds a 35% stake in Peru LNG. Hunt Oil will remain the operator of the South American export facility.
Analyst: Public E&Ps Race to Stay Relevant in a Consolidating Energy Market
A shrinking pool of opportunities is leading to scarcity and driving the rising valuations for crude E&Ps in the current A&D market, said TD Cowen analyst David Deckelbaum at Hart Energy’s A&D Strategies and Opportunities Conference.
Northern’s O’Grady: Most of ‘Best’ Acres ‘Already Been Bought’
Adding new-well inventory going forward will require “exploration or other creative measures,” said Nick O’Grady, whose Northern Oil and Gas holds interests in 10,000 Lower 48 wells.
Northern Scores Early Mover Advantage with $2.6B Uinta Basin Deal
Northern Oil and Gas CEO Nick O’Grady said the Uinta Basin has stayed off the radar but a time may come when Utah’s best kept secret starts to heat up in the M&A market.
Shell to Buy New England Gas-fired Power Plant
Shell already had a market agreement with RISEC Holdings for all of the electricity the 609-MW Rhode Island plant produced.