Darren
Barbee
Oil and Gas Investor
Sunoco Buys Terminals from Zenith Energy for $110 Million
Sunoco purchased refined product terminals from Zenith Energy for $110 million.
HF Sinclair Offers to Buy Midstream MLP Holly Energy
A non-binding proposal by HF Sinclair to acquire midstream operator Holly Energy would mark the “end of an era” for the MLP, an analyst said.
Callon Adds Delaware Assets, Exits Eagle Ford in Deals Worth $1.1 Billion
Callon will acquire Percussion Petroleum’s Delaware assets for $475 million and offload its Eagle Ford assets to Ridgemar for $655 million.
A&D Minute: Expansions, Investments and Acquisitions Aplenty [WATCH]
In this week's A&D Minute, Suncor expands in the Canadian oil sands with a $4 billion TotalEnergies deal, U.S. Energy invests $225 million in the Midland Basin and Elk Range closes on its third Eagle Ford acquisition.
Energy A&D Transactions from the Week of May 3, 2023
Here’s a snapshot of recent energy deals, including Cresent Energy Co.'s $600 million Eagle Ford deal and more Enbridge natural gas storage transactions.
Marketed: Unit Four Partnership Operated Well Package in North Dakota Counties
Unit Four Partnership retained EnergyNet for the interest of a 97 well package (RI and ORRI) in North Dakota.
Marketed: Momentum Minerals Operating Operated Well Package in Colorado
Momentum Minerals Operating LP has retained EnergyNet for the sale of a 14 well package in Weld County, Colorado.
Marketed: Unit Four Partnership Operated Property Package Opportunity in North Dakota
Unit Four Partnership retained EnergyNet for the sale of a 139 property package in North Dakota.
Marketed: Finley Resources Delaware Basin Non-operated Assets in New Mexico, Texas
Finley Resources retained Detring Energy Advisors for the sale of non-operated oil and gas leasehold, producing properties and related assets concentrated in Lea County, New Mexico and Ward County, Texas.
Marketed: Forza Operating Operated Opportunity in Texas
Forza Operating LLC retained EnergyNet for the sale of a 2 well package (operations) in Jasper County, Texas.