Howard: Midstream Investors Say ‘Don’t Tread on ‘MMP’

ONEOK’s purchase of Magellan has irked some stakeholders, so the deal between the titans of Tulsa is not a sure thing.

Drilling Tools International Now Public Post-Merger with SPAC

Drilling Tools International Holdings and ROC Energy Acquisition Corp. have merged, creating Drilling Tools International Corp. in a deal worth $40.8 million in cash from a common stock PIPE and trust account.

Baytex Closes $2.2 Billion Acquisition of Eagle Ford’s Ranger Oil

Baytex Energy closed its $2.2 billion acquisition of Ranger Oil Corp., adding scale to the Canadian operator’s position in the Eagle Ford Shale.

Exclusive Q&A: Patterson-UTI, NexTier CEOs Talk Merger, Shale Dominance

Patterson-UTI President and CEO Andy Hendricks and NexTier Oilfield Solutions CEO Robert Drummond discussed the companies’ planned $5.4 billion merger in a Hart Energy exclusive interview.

Patterson-UTI, NexTier Merging in $5.4B Deal

The Patterson-UTI, NexTier merger will create a comprehensive drilling and completions franchise in U.S. land with leadership positions in contract drilling, directional drilling and pressure pumping, according to Patterson-UTI CEO Andy Hendricks.

Asset Manager to Vote Against $18.8 B ONEOK-Magellan Deal

Asset manager Energy Income Partners says the taxes on ONEOK’s deal to buy Magellan Midstream Partners will exceed the premium offered by ONEOK or any potential benefits from a combination.

Danny Rice-led SPAC Completes $2B NET Power Merger

Former Rice Energy Inc. CEO Danny Rice will now lead a power generation company, NET Power, backed by Occidental Petroleum, Baker Hughes, SK Group and other investors.

E&Ps’ Siren Song to Investors: Free Cash Flow

Regaining investor trust–and access to their cash–is on the horizon as the E&P sector returns record profits to investors, a panel of experts said during Hart Energy’s SUPER DUG conference.

North Sea Oil Producer Harbour in Merger Talks with Talos: Sources

Harbour Energy and Talos Energy have discussed a combination on-and-off for at least half a month, but according to sources, results of these talks could be on the horizon.

Mineral Deal Valuations, Teams Evolve

Experts say U.S. minerals and royalties teams are getting bigger, holding acreage for longer periods and bringing a more sophisticated approach to M&A.