Also in this week’s A&D Minute: Brigham Minerals acquires the “highest quality Midland Basin package” it ever evaluated and Riverbend Energy Group pursues multiple oil and natural gas basin acquisitions.
Bargain purchases could potentially become more prevalent now and in the near future in certain sectors of the energy industry, including exploration and production. Find out why.
Here’s a snapshot of recent energy deals including Phillips 66 offer to buy DCP Midstream in $3.1 billion cash deal plus Brigham Minerals’ largest acquisition to date.
Here’s a snapshot of recent energy deals including the sale of Laredo Petroleum’s Howard County properties in the Permian Basin to Northern Oil and Gas for $110 million.
As its shares tumble 13%, CEO says Beach is holding its capital in pursuit of acquisitions.
"Today’s announcement is just the first step of our integration into a stronger, more robust and ESG-focused service provider,” Courtney Brackin said of the company created from the merger between OMNI Environmental Solutions and Purity Oilfield Services.
Here’s a snapshot of recent energy deals including Devon Energy’s $1.8 billion cash acquisition of Eagle Ford Shale operator Validus Energy and a $555 million Permian Basin deal by Apache.
“The proposed merger appears to us to be a poorly disguised nil-premium takeover of Capricorn by Tullow,” said the letter which was dated Aug. 9 and signed by Palliser Capital (UK) Chief Investment Officer James Smith.
Here’s a snapshot of recent energy deals including Diversified Energy’s acquisition of ConocoPhillips Midcon assets for $240 million and the sale of Baker Hughes’ Russian oilfield services business.
Here’s a snapshot of recent energy deals including an agreement by Shell USA to acquire all remaining interests in Shell Midstream Partners in a $1.96 billion buyout.