Pytheas Energy said the assets represent working and non-working interests in 620 oil and gas wells. Combined, the assets currently produce approximately 357 bbl/d.
XCL Resources' petition was required under a prior agreement EnCap Energy Capital Fund XI struck with the FTC in 2022, which required the private equity group to sell off EP Energy’s Utah oil business.
Producers contend with roiled capital markets as consolidation alters the strategic landscape.
FortisBC will purchase up to 160,000 gigajoules of RNG from EverGen Infrastructure’s biogas facility in British Columbia, according to a news release.
Kinetik Holdings closed a $765 million acquisition of Durango Permian LLC, deepening Kinetik’s footprint of gas gathering and processing assets in the Delaware Basin.
Equitrans Series A preferred stockholders have until July 9 to vote on the consideration they prefer to receive once the merger with EQT takes place.
Japanese firm Mitsui & Co. is adding to its shale gas footprint in Texas through M&A, the Tokyo-based company announced June 24.
Public-private M&A brings new players to top slots in private operators list.
Anschutz Exploration Corp. has retained EnergyNet for the sale of a Powder River Basin in the Castle 3568-1324-1TH of Converse County, Wyoming.
While U.S. E&Ps squabble for pieces of the Permian Basin, international energy giants are all-in on the Eagle Ford Shale in South Texas.