Velda
Addison
Hart Energy
Pioneer Natural Resources Denies Report of Acquisition Interest
Pioneer Natural Resources made the statement following news reports that it was considering an acquisition of Appalachian E&P Range Resources Corp.
Foothills Exploration Acquires 545 Wells in Kansas, Oklahoma
Foothills Exploration’s acquisition of Jubilee Exploration adds 545 wells to its U.S. Midcontinent inventory across Oklahoma and Kansas.
AEP to Sell Unregulated Renewables Portfolio in $1.5 Billion Deal
AEP’s deal with IRG Acquisition Holdings is expected to close in second-quarter 2023 and is subject to customary closing conditions.
Diamondback Doubles Asset Sales Target to $1B, Reveals More Midland M&A
The Permian pure play is selling off midstream assets and upstream leasehold that can’t compete for capital in the company’s portfolio, Diamondback Chairman and CEO Travis Stice told investors.
Chesapeake Finds ‘Much Better Deal’ in Eagle Ford Sale to INEOS
INEOS Energy Chairman Brian Gilvary told Hart Energy the $1.4 billion Chesapeake acquisition adds “good, economic barrels to add to [the company’s] portfolio.”
M&A Drives Crestwood Equity Partners Q4 Earnings
M&A activity drove Crestwood Equity Partner’s 2022 fourth-quarter earnings, but the company said it will not be a priority in 2023.
Shell Completes $2 Billion Acquisition of Europe’s Largest RNG Producer
Shell announced the nearly $2 billion acquisition of Nature Energy Biogas in November, which the major said will kickstart the company’s low-carbon business.
US Proposes First Offshore Wind Lease Sale in Gulf of Mexico
The proposed wind lease sale in the Gulf of Mexico, home to vast oil and gas production, would open acreage offshore Lake Charles, La., and Galveston, Texas, for wind development.
A&D Minute: Will 2023 Be Another Topsy-turvy Market for M&A? [WATCH]
Also in this week's A&D Minute, BP opens its wallet to buy $1.3 billion worth of convenience stores and Vital Energy adds Midland Basin acreage.
Chesapeake Sells Black Oil Window Eagle Ford Assets to INEOS for $1.4 Billion
In a span of about 34 days, Chesapeake has divested more than $2.82 billion in Eagle Ford assets as it makes a push toward a natural gas producing powerhouse.