Jordan
Blum
Hart Energy
Summit Midstream Completes $450MM Tall Oak Acquisition
Summit said the motivation for the acquisition of Tall Oak Midstream III was to rebalance the company’s portfolio between oil and gas assets.
Total Close to $2.1B Acquisition of Germany’s VSB—Report
TotalEnergies is close to acquiring vertically-integrated renewable developer VSB Group from private equity firm Partners Group for about 2 billion euros, Bloomberg News reported.
Q&A: Exxon Mobil Pioneers the Permian and Guyana
Liam Mallon, Exxon Mobil’s upstream president, discusses how XOM liquids production has hit a 40-year high on the 25th anniversary of the Exxon-Mobil merger, and plans for the future.
Marketed: Berlin Resources Anadarko Basin Opportunity
Berlin Resources has retained EnergyNet for the sale of a working interest opportunity in Roger Mills County, Oklahoma.
Marketed: Bison Energy 30-Well Package in Niobrara Shale
Bison Energy has retained EnergyNet for the sale of a 30 well package in Adams and Arapahoe counties, Colorado.
US Plans $7.5B Loan for Stellantis, Samsung JV for Battery Factories
If given the final go-ahead, Stellantis and Samsung’s StarPlus Energy joint venture will use the financing for lithium-ion battery cell and module manufacturing plants in Indiana.
GeoPark Signs SPA to Acquire Repsol’s Colombian Assets for $530MM
GeoPark Ltd. has signed a sale and purchase agreement with Respol Exploracion and Repsol E&P to acquire upstream oil and gas assets in Colombia.
Firms Take Fight Against $132MM Martin Midstream Merger
Nut Tree Capital Management and Caspian Capital accused Martin Resource Management of proposing an insider deal that undervalues the cost of Martin Midstream’s shares.
Classic Rock, New Wells: Permian Conventional Zones Gain Momentum
Spurned or simply ignored by the big publics, the Permian Basin’s conventional zones—the Central Basin Platform, Northwest Shelf and Eastern Shelf—remain playgrounds for independent producers.
Innovex Closes $104MM Acquisition of Downhole Well Solutions
Innovex International paid $103.7 million in cash and stock for Downhole Well Solutions, according to a Securities and Exchange Commission filing.