Nissa
Darbonne
Oil and Gas Investor
Baytex Raises Capital for $2.5 Billion Ranger Oil Deal
Canada’s Baytex Energy Corp. moved a step closer toward finalizing its purchase of Ranger Oil Corp. with the closing of its private offering of $800 million aggregate principal amount of senior unsecured notes.
Pioneer Mum on Exxon Mobil Merger Speculation: ‘No Comment’
The question was asked again in Pioneer’s first-quarter earnings call on April 27.
Suncor to Acquire TotalEnergies’ Canadian Assets for $4 Billion
Calgary-based Suncor is expanding its footprint in bitumen and Canadian oil sands, acquiring TotalEnergies’ Canadian operations.
Elk Range Royalties Announces Third Eagle Ford Deal
The acquisition, Elk Range’s third in the Eagle Ford, brings the company’s total Eagle Ford net royalty acres to more than 2,700.
A&D Minute: Energy Companies’ M&A Deals in Permian Basin
Also in this week's A&D Minute, FireBird Energy II nabbed over $500 million and Wing Resources secured $100 million to pursue deals in the Permian Basin.
Occidental, NET Power Upsize Investments in Danny Rice-led Merger
Occidental and ET Power LLC has increased their investments in Rice Acquisition Corp. by $625 million.
Court Allows Greenpeace to Challenge UK Oil, Gas Licensing Round
Last year, Britain held its first oil and gas exploration licensing round since 2019, with the government saying it was looking to boost domestic hydrocarbon output as Europe weans itself off Russian fuel and after energy prices spiked.
McKinsey: Over Half of Upstream M&A Has Hurt Shareholder Value
During the past 12 years, many of the largest upstream oil and gas deals have lost value for shareholders, according to analysis by McKinsey & Co.
Marketed: Lone Oak Minerals LLC 13-Well Package
Lone Oak Minerals LLC retained EnergyNet for the sale of a 13-well package in Wetzel County, West Virginia.
Marketed: Iron Creek Properties 28-Well Package and HBP Leasehold Acres
Iron Creek Properties retained EnergyNet for the sale of a 28-well package plus 640.00 Net HBP leasehold acres in Natrona County, Wyoming.