NOG Updates Share Buyback Following Point Energy Purchase

Northern Oil and Gas repurchased 895,076 shares of common stock during second-quarter 2024 at an average of $38.96 per share.

2Q Upstream M&A Tops $30B as Deals Hit Utah, Eagle Ford, Bakken

A historic run of U.S. upstream M&A transactions continued unabated during the second quarter, according to Enverus data.

Crescent Energy Closes SilverBow Deal, Adding Eagle Ford Scale

Crescent Energy closed a $2.1 billion merger with SilverBow Resources, creating the second-largest operator in the South Texas Eagle Ford Shale.

Superior Drilling Shareholders Approve Buyout by Drilling Tools International

Superior Drilling Products shareholders approved the company’s $32 million acquisition by Drilling Tools International.

SandRidge Energy Buys Western Anadarko Cherokee Assets for $144MM

Midcontinent E&P SandRidge Energy is getting deeper into the emerging Cherokee oil play in western Oklahoma through a $144 million acquisition.

Investment Firms Up Offer to Buy Martin Midstream to $175MM

Nut Tree Capital Management and Caspian Capital, which have been pursuing an acquisition of Martin Midstream since May, have increased their offer for the company to $175 million.

Crescent, SilverBow Shareholders OK $2.1B Merger, Eye Closing July 30

Shareholders for Crescent Energy and SilverBow Resources signed off on their $2.1 billion merger—expected to create one of the largest E&Ps in the Eagle Ford Shale.

CEO: Vital to Chase Less-developed Delaware Zones with $1.1B Deal

With the acquisition of Point Energy Partners, Vital Energy is growing in the Texas Delaware Basin—where Vital has already done several deals and has worked to optimize drilling and spacing designs.

Permian Resources Announces Financing Moves Following Oxy Deal

Permian Resources’ will offer cash for its senior notes Due 2026, among other financing moves, following a July 29 agreement to buy Delaware Basin assets from Occidental Petroleum for $817.5 million.

The ABCs of ABS: Financing Technique Shows Flexibility and Promise

As the number of ABS deals has grown, so have investors’ confidence with the asset and the types of deals they are willing to underwrite.