Giselle
Warren
Hart Energy
Ovintiv Swaps the Uinta for Montney in Multiple M&A Moves
Ovintiv is expanding greatly in the Canadian Montney Shale play through a US$2.38 billion deal with Paramount Resources and exiting the newly booming Uinta Basin in Utah with a $2 billion sale to FourPoint Resources.
Coterra Eyes Wolfcamp D, Penn Shale Upside with $3.95B Permian M&A
With $3.95 billion in Permian M&A, Coterra is adding new Delaware Basin locations in the Bone Spring, Harkey and Avalon benches—and eyeing upside from deeper zones.
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.