Price volatility has stymied reported plans by a unit of Tokyo Gas Co Ltd. to acquire Rockcliff Energy from private equity firm Quantum Energy Partners.
Also in this week's A&D Minute: Chesapeake got a "much better deal" in its second Eagle Ford divestiture of the year and Quantum Energy dipped its toe in the D-J Basin.
Houston-based private equity firm Quantum Energy Partners is backing Bison Oil & Gas IV to acquire and develop oil and gas assets in Colorado and Wyoming.
Also in this week's A&D Minute, BP opens its wallet to buy $1.3 billion worth of convenience stores and Vital Energy adds Midland Basin acreage.
Despite large-cap publics such as Devon Energy, Diamondback and Marathon Oil dominating M&A in 2022, the overall deal count fell to the lowest level since 2005, according to Enverus.
Also in this week's A&D Minute: See what Tudor, Pickering, Holt & Co. president Chad Michael has to say about 2023's M&A outlook.
Also in this week's A&D Minute: Coal company Alliance Resource Partners is continuing its Permian Basin expansion, plus industry veteran Rick Muncrief shared his A&D success secrets at NAPE.
Also in this week's A&D Minute: Matador Resources' Delaware Basin acquisition was the largest of the year so far at $1.6 billion, plus see how small- and mid-sized companies are sizing up against large E&Ps.
Despite large-cap publics such as Devon Energy, Diamondback and Marathon Oil dominating M&A in 2022, the overall deal count fell to the lowest level since 2005, according to Enverus.
Also in this week's A&D Minute: Permian Resources' purchases and sales add up to nearly $300 million, plus see what private equity experts are saying about A&D this year.