Chris
Mathews
Hart Energy
Exxon Adds 270,000 Acres for Largest Carbon Storage Site in the US
Exxon Mobil has leased acreage on the Gulf Coast from the Texas General Land Office for carbon capture and storage.
APA Curtails Natgas, NGL Output Amid Low Waha Prices
Apache parent APA Corp. curtailed more natural gas and NGL output than previously anticipated as it realized just $0.15/Mcf in the U.S.
After M&A, Some ‘Stingy’ E&Ps Plan to Hold Operated Shale Inventory
After a whirlwind run of upstream consolidation, experts anticipated a wave of portfolio rationalization and divestitures. But with high-quality drilling locations already scarce, E&Ps may cling to operated inventory.
Howard: The Implications of ONEOK's M&A Binge
ONEOK’s M&A binge has propelled it to near the top of the sector. With so much midstream consolidation, what are its implications?
Ares Management Launches Public Offer of Stock to Offset M&A Cost
Ares will use the net proceeds from the offer will to cover a portion of the cash consideration for its previously announced $3.7 billion acquisition of the international business of GLP Capital Partner.
Bankers' Outlook for A&D: A Slow Unwinding of Asset Sales
Bankers from CrossFirst, Texas Capital, BOK Financial and Comerica say that after a sluggish season of asset level deals, divestitures will come from larger-scale M&A, but it will take time.
8 Rivers Going Its Own Way on DAC, Zero Carbon Fuels
8 Rivers CEO Chris Richardson said the company is going its own way in developing direct air capture, converting coal and biomass into zero carbon fuel and producing low carbon blue ammonia.
Woodside Closes $900MM Acquisition of Tellurian, Renames LNG Facility
Following the close of its acquisition of Tellurian, Woodside has renamed the Driftwood LNG development as Woodside Louisiana LNG.
Viking Minerals Closes Funds II, III to Undisclosed Buyer
With the exit of the funds, Viking Minerals has invested more than $66 million since 2017 for a total return of nearly $125 million.
Tailwater E&P CEO Details Recent Core Permian Acquisition
Tailwater E&P CEO Doug Prieto said the firm put together funding for the deal from institutions, investors and family offices looking for “high quality assets that have durable cash flow.”