Chris
Mathews
Hart Energy
CEO: Ovintiv Passes on Permian Prices for More Montney Condensate
Rumored to be a potential buyer in the Permian Basin, Ovintiv instead struck a deal for lower-cost oil and condensate assets in Alberta’s Montney Shale.
PHX Insists Shareholders Reject WhiteHawk’s Latest Offer
PHX Minerals’ board maintained its stance on Nov. 14 that WhiteHawk’s latest offer was not in the best interest of its stockholders.
Exxon Mobil to Cut Almost 400 Jobs in Wake of Pioneer Acquisition
A regulatory filing shows more than 90% of layoffs are at Pioneer’s former headquarters in Irving, Texas with the rest being workers in Midland.
Range Resources Counters M&A Peer Pressure with Drilling Efficiencies
Range Resources doesn’t feel the need to give into M&A peer pressure as it focuses on the efficient development of its current asset base, President and CEO Dennis Degner tells Hart Energy.
Oxy CEO Sheds Light on Powder River Basin Sale to Anschutz
Occidental is selling non-core assets in the Lower 48 as it works to reduce debt from a $12 billion Permian Basin acquisition.
Lyten Buys Cubert’s California Battery Manufacturing Facility
Lyten said it plans to invest up to $20 million to convert the 119,000-sq-ft facility, in San Leandro, California, to produce lithium-sulfur batteries.
Roth-Backed SPAC To Take Public Permian Gas, Helium Producer
A blank-check company backed by Roth Capital Partners and Craig-Hallum Capital Group aims to combine with Permian gas and helium producer New Era Helium.
East Daley: Deals Continue ONEOK’s Climb to Midstream Elite
Mergers with EnLink and Medallion lift the company into the ranks of Energy Transfer and Enterprise Products Partners.
Investment Firm Aethon Explores Options for $10B US Natgas Assets, Sources Say
U.S. energy-focused investment firm Aethon Energy Management is exploring options for its natural gas production and midstream assets that include a sale or an initial public offering at a valuation of about $10 billion, including debt, people familiar with the matter said on Nov. 12.
Standard Solar Acquires California Solar Project
Located in Kern County, the Windhub Solar B solar project will have 112 acres dedicated to the solar array, Standard Solar says.