Kimbell Royalty Partners acquisition adds acreage in the Delaware and Midland basins, which remains the company’s leading basin for production, active rig count, DUCs, permits and undrilled inventory.
SM Energy completed an acquisition in cash of 20,000 net acres in various Texas counties.
Magnolia added acreage in the Giddings Field outside of its core development area with promise for development, the company said.
In this week's A&D Minute, executive editor at large Nissa Darbonne speculates on the likelihood and reasoning for Pioneer Natural Resources potential M&A of Endeavor Energy Resources.
H2OK LLC has retained EnergyNet for the offering of a 2 well package in Dewey County, Oklahoma.
Enerplus Resources (USA) Corp. is offering a Bakken Shale AFE opportunity in Dunn County, North Dakota.
Urban Oil and Gas Group LLC has retained EnergyNet for the offering of a 29 well package in Louisiana.
Permian Basin pure-play Diamondback Energy monetized more midstream assets in the second quarter—part of a broader $1 billion divestiture plan to shed non-core assets that don’t compete for capital and reduce debt.
Strike Energy had been engaged with Talon Energy in an effort to acquire all Talon shares through a scheme of arrangement, but the two parties could not reach mutually agreeable terms.
Under the proposal, Solar Energy Corp. will invite international bids for the supply of renewable energy to Reliance Industries' refineries and facilities in Gujarat.