Marketed: RAP Operating LLC 9-Well Package

RAP Operating LLC retained EnergyNet for the sale of a 9-well package in Matagorda County, Texas.

Mexico Buys Iberdrola Power Plants for $6B in 'New Nationalization'

Mexico's deal with Iberdrola comes as the government is entangled in a dispute over its energy policy with the U.S. and Canada.

Riley Permian Closes $330 Million New Mexico Acquisition

Riley Permian closed a February deal to acquire oil and gas assets in New Mexico from Pecos Oil & Gas LLC for $330 million.

Ovintiv’s $4.2 Billion Permian Deal Improves Inventory Runway, Crude Output

Ovintiv’s $4.275 billion bid to acquire three EnCap-backed E&Ps in the northern Midland Basin adds much-needed inventory and addresses key investor concerns, analysts say.

Marketed: Overland Energy Partners Bakken Shale, Three Forks Opportunity

Overland Energy Partners IV LLC et al retained EnergyNet for a Bakken shale/Three Forks opportunity for 95 frac’d/DUC/drilling/permitted wells (all not yet in pay) plus 38 producing wells (Producing MI/RI) and 30 PUD locations in Dunn and Williams Counties, North Dakota.

Uruguay’s ANCAP Eyes Offshore Potential, Second Energy Transition

Uruguay’s state-owned regulator ANCAP continues in negotiations with four IOCs and a consortium regarding six awards under the Open Uruguay Round bidding process, ANCAP Energy Transition Engineer Cecilia Romeu told Hart Energy

E&P Highlights: April 3, 2023

Here’s a roundup of the latest E&P headlines, including an FPSO FEED and new pipeline monitoring technology in the upstream oil and gas industry.

Ovintiv to Acquire EnCap’s Midland Basin Assets for $4.2 Billion, Exit Bakken

Ovintiv will acquire three Midland Basin portfolio companies from EnCap Investments and exit the Bakken in a separate, $825 million transaction with EnCap.

The OGInterview: Enbridge CEO Greg Ebel [WATCH]

Hart Energy Editorial Director Jordon Blum spoke to new Enbridge CEO Greg Ebel about the company's M&A prospects, investment in the energy transition, as well as its investments in LNG in Hart Energy LIVE's latest installment of The OGInterview. 

Beyond the Pipe: CEO Greg Ebel on Enbridge’s Strategy for M&A, LNG and Transition

New Enbridge CEO Greg Ebel’s is expanding the "FedEx" of midstream across North America and around the globe through M&A, LNG investments and carbon capture.