EE North America’s sale of the project is part of its long-term growth strategy, the company says.
Baytex reported on May 15 that shareholders had approved the $2.5 billion deal to acquire Eagle Ford operator Ranger Oil Corp.
Northern Oil and Gas Inc. is partnering with Vital Energy on a $540 million acquisition of oil and gas assets in the Delaware Basin.
The combination of Oklahoma companies ONEOK and Magellan Midstream Partners is expected to create one of the nation’s largest public midstream operators.
The newly combined company will be called Global Gas Corp. and will be listed on Nasdaq.
After selling FireBird Energy LLC to Diamondback last year, the same team is searching for deals to develop another asset in the Midland, and possibly the Delaware Basin, too.
ONEOK Inc. and Magellan Midstream Partners LP are merging in a cash-and-stock deal to create a Tulsa, Oklahoma-based midstream giant with a combined 25,000 miles of liquids-oriented pipelines.
The deal, between Trio Petroleum Corp. and subsidiary Trio Petroleum LLC, could ultimately add 100% working interest in a producing asset in California’s Union Avenue Field.
Vital Energy and an unnamed third party will buy EnCap portfolio company Forge Energy II, establishing a core operation position for Vital in the Delaware Basin.
Swordfish is led by part of the team that sold Advance Energy Partners Holdings LLC to Matador Resources Co. for $1.6 billion.