Deon
Daugherty
Hart Energy
Trauber: Inventory Drives M&A, But E&Ps Also Vying for Relevancy
Legendary dealmaker Stephen Trauber keeps his eyes open for out of the box ideas: Why not a BP-Shell merger? Or Chevon and ConocoPhillips?
Electricity and LNG Drive Midstream Growth as M&A Looms
The midstream sector sees surging global and domestic demand with fewer players left to offer ‘wellhead to water’ services.
APA, Palantir Expand Partnership to Deploy New AI Across E&P Operations
APA Corp. will introduce new AI capabilities to its oil and gas operations with Palantir Technologies’ Artificial Intelligence Platform (AIP) software.
Marubeni Acquires 50% Stake in Ozona’s Eagle Ford CCS Project
Japanese oil and gas producer Marubeni Corp. has acquired a 50% stake in Ozona CCS’ Eagle Ford Shale project in the Hawkville Field.
Dallas Fed: Low Natgas Prices Force Permian E&Ps to Curtail Output
Falling oil prices, recession fears and the U.S. election cycle are weighing on an increasingly pessimistic energy industry, according to a new survey of oil and gas executives by the Federal Reserve Bank of Dallas.
Mach to Sell Additional Common Units to Fund A&D
Mach Natural Resources announced that the underwriters of its public offering of 7.27 million units have exercised an option to purchase an additional 1 million common units at $16.50 per unit.
Vivakor to Acquire Endeavor Crude Transport Cos. for $120MM
Vivakor said it is buying Endeavor Crude and related companies, which have a series of long-term strategic partnerships with customers in the Permian Basin, Eagle Ford Shale and the STACK play.
Carnelian Backs Williston E&P Zavanna as Bakken M&A Heats Up
Carnelian Energy Capital Management LP invested in Zavanna LLC, a longtime producer in the North Dakota Bakken and Three Forks plays.
Quantum Backs Tug Hill Team in New E&P Vickery Energy
Quantum Capital Group is backing the executives behind Tug Hill Operating, which sold to EQT Corp. for $5.2 billion, in a new Appalachian Basin company Vickery Energy Partners.
Macquarie Buys Up to $1.73B Stake in D.E. Shaw Renewable Investments
Macquarie Asset Management is acquiring a minority stake in D.E. Shaw Renewable Investments in an equity investment of up to $1.73 billion.