The combination of Patterson-UTI and NexTier Oilfield Solutions brings together a contract drilling business fleet with 172 super-spec drilling rigs and a completions business with 3.3 million hydraulic fracturing horsepower.
EIP calls the merger an example of “diworsification”
Strike Energy has entered into a binding scheme implementation deed with Talon Energy to acquire all issued shares of Talon, a move that has the potential to generate more than $82 million.
Earthstone Energy CEO Robert Anderson talks about teaming up with non-op Northern Oil & Gas to buy Permian Basin operator Novo Oil & Gas—a deal he expects to close next week.
PHX Minerals CEO Chad Stephens said the board is evaluating WhiteHawk’s offer to combine in a stock-for-stock merger—but he didn’t comment much more on the unsolicited proposal.
After several unsuccessful attempts to engage PHX Minerals in merger talks, WhiteHawk Energy released a letter communicating its proposal directly to PHX shareholders.
Chord Energy announces more divestitures and showcases results of longer laterals, which produce a third more than two-mile wells, CEO Daniel Brown said.
Crown LNG Holdings and Catcha Investment Corp. are merging to form Crown LNG Holdings Ltd., with hopes to go public on the NYSE.
In this week's A&D Minute, Hart Energy's Jordan Soto and Enverus Intelligence Research's Andrew Dittmar break down Exxon Mobil's acquisition of Denbury.
Who might be the winning buyer and what’s in the asset package? J.P. Morgan Securities analyst Arun Jayaram takes a deep dive.