The Latest

Nabors SPAC, e2Companies $1B Merger to Take On-Site Powergen Public

Nabors Industries’ blank check company will merge with e2Companies at a time when oilfield service companies are increasingly seeking on-site power solutions for E&Ps in the oil patch.

M&A Target Double Eagle Ups Midland Oil Output 114% YOY

Double Eagle IV ramped up oil and gas production to more than 120,000 boe/d in November 2024, Texas data shows. The E&P is one of the most attractive private equity-backed M&A targets left in the Permian Basin.

Diversified to Acquire Maverick, Enter Permian Basin in $1.3B Deal

Diversified Energy will acquire EIG’s Maverick Natural Resources, adding acreage that offsets Diversified’s core Western Anadarko position and Permian Basin assets in the northern Delaware.

AI-Shale Synergy: Experts Detail Transformational Ops Improvements

An abundance of data enables automation that saves time, cuts waste, speeds decision-making and sweetens the bottom line. Of course, there are challenges.

Amplify to Add D-J, Powder River Assets in Merger Agreement with Juniper Capital

Amplify Energy Corp. is combining with certain Juniper Capital portfolio companies in a merger agreement that adds 287,000 acres in the Denver-Julesburg and Powder River basins.

Martin Midstream Terminates Merger Agreement Following Pushback

Martin Midstream Partners will continue operating as a standalone publicly traded company following termination of its deal to merge with Martin Resource Management Corp.

Glass Lewis Backs Martin Midstream in Ongoing Merger Fight

Martin Resource Management Corp. is proposing to buy Martin Midstream Partners for $4.02 per common unit, with a vote scheduled for Dec. 30.

Reuters: Northern Oil and Gas in Bid to Acquire Smaller Rival Granite Ridge, Sources Say

Northern Oil and Gas has made an acquisition offer for Granite Ridge Resources, according to people familiar with the matter.

Battalion Oil Walks Away from Fury Resources Buyout

The Battalion Oil-Fury Resources merger had been in discussions for more than a year, but Battalion said Fury failed to meet financial deadlines to continue the talks.

EY: Three Themes That Will Drive Transformational M&A in 2025

Prices, consolidation and financial firepower will push deals forward, says EY.