NGP Backs Permian Mineral, Royalty Firm with $100MM Investment

NGP is financially backing Wing Resources on a seventh partnership aimed at acquiring oil and gas minerals and royalties in the Permian Basin.

Marketed: Tilden Capital Operating 2-Well Package

Tilden Capital Operating LLC retained EnergyNet for the sale of a 2-well package in Lea County, New Mexico.

Quantum-backed FireBird II Raises Over $500MM for Permian Deals

After FireBird Energy LLC sold to Diamondback for $1.75 billion last year, FireBird II was formed to pursue more deals in the Permian Basin.

Public Mineral, Royalty Players Eye M&A After Record 2022

After a record year for oil and gas mineral and royalty deals in 2022, public consolidators are still searching for scale through M&A, experts say.

Camber Energy, Viking Reach New Agreement to Merge

Following several years of negotiations, Camber Energy and its majority-owned subsidiary Viking Energy Group amended an agreement to merge.

Transocean, Eneti to Form Offshore Wind JV

Transocean and Eneti said they have executed a non-binding memorandum of understanding to form the JV company.

 

A&D Minute: Permian Deals Take Center Stage [WATCH]

Also in this week's A&D Minute, Canadian Pacific and Kansas City Southern merge in a $31 billion deal to create a rail network stretching from the Canadian oil sands all the way to Mexico. 

Energy A&D Transactions from the Week of April 19, 2023

Here’s a snapshot of recent energy deals, including Matador Resources' $1.6 billion acquisition of Midland Basin E&P Advance Energy Partners and Kimbell Royalty Partners deal to bolt-on more Northern Midland Basin acreage.

Marketed: Alpine Summit Operated Oil and Gas Leasehold in Webb County, Texas

Alpine Summit Energy Partners retained Stephens Inc. for the sale of its oil and gas leasehold and related interests located in Webb County, Texas.

Marketed: Revenir Energy New Mexico Divestiture

Revenir Energy retained RedOaks Energy Advisors for the sale of certain operated properties in New Mexico.