Chris
Mathews
Hart Energy
Ring Energy Sells Delaware Assets, Eyes New Mexico Divestitures
Ring Energy recently sold its non-core footprint in the Delaware Basin, using the proceeds to pay down debt. The Permian Basin E&P also aims to offload assets in New Mexico.
Callon Wraps Up Delaware Bolt-on, Eagle Ford Exit
Callon Petroleum is shoring up its Permian position with its simultaneous acquisition of Delaware Basin assets from Percussion Petroleum and divesture of its Eagle Ford assets from Ridgemar Energy.
A&D Minute: Companies Switch Hands and Change Names [WATCH]
In this week's A&D Minute, OneRock Energy acquires Northwoods Energy, Superior Pipeline rebrands to Superior Midstream and the U.S. government prepares to open the bidding process for the Federal Helium System.
Patterson-UTI to Acquire Global Drill Bit Company Ulterra
The deal to buy Ulterra for about $780 million followsPatterson-UTI Energy’s announced merger in June with NexTier Oilfield Solutions Inc. for $5.4 billion.
Duke Energy to Sell Distributed Generation Portfolio in $364MM Deal
Duke Energy will sell its commercial distributed generation business to private equity firm ArcLight Capital Partners.
NOG Closes Acquisition of Forge’s Delaware Basin Assets
Northern Oil and Gas closed its part of a three-way deal with Vital Energy to buy Forge Energy II Delaware LLC’s assets for $167.9 million in cash.
TRP Energy Reportedly Explores $1.5B Permian Basin Sale
TRP Energy is exploring a possible sale of its oil and gas operations in the Permian basin that could fetch more than $1.5 billion, the latest company to do so at a time of high demand for acreage in the heart of U.S. shale country, people familiar with the matter said.
Marketed: Privately Owned Mineral Interest and Surface Ownership Opportunity in California
A private seller has retained Eagle River Energy Advisors for the sale of a mineral interest and surface ownership opportunity in the San Joaquin Basin in California.
RPC Acquires Oilfield Services Company Spinnaker
Atlanta-based RPC Inc. is expanding its cementing services business by acquiring Oklahoma City-based Spinnaker Oilwell Services.
Marketed: Uinta Wax-owned Opportunity in the Uinta Basin
Uinta Wax has retained TenOaks Energy Advisors as its exclusive advisor in connection with the sale of certain operated properties located in the Uinta Basin.