Velda
Addison
Hart Energy
The Answer to Curbing Permian Associated Gas? More M&A
Consolidation will result in less oil production, and therefore less associated gas, as fewer wells are produced, an energy analyst says.
An Untapped Haynesville Block: Chevron Asset Attracts High Interest
Chevron’s 72,000-net-acre property in Panola County, Texas is lightly developed for the underlying Haynesville formation — and the supermajor may cut it loose.
Mesa III Reloads in Haynesville with Mineral, Royalty Acquisition
After Mesa II sold its Haynesville Shale portfolio to Franco-Nevada for $125 million late last year, Mesa Royalties III is jumping back into Louisiana and East Texas, as well as the Permian Basin.
Marketed: DRII 642 Well Package in Louisiana, Oklahoma, Texas, Wyoming
DRII LLC retained EnergyNet for the sale of a 642 well package across various counties and parishes in Louisiana, Oklahoma, Texas and Wyoming.
Kodiak Gas Services Closes $850MM Deal for CSI Compressco
Kodiak Gas Services’ acquisition of CSI Compressco was financed as an all-equity transaction valued at approximately $854 million, including assumption of $619 million in debt.
SLB to Buy Service Firm ChampionX in $7.7B All-stock Deal
SLB will acquire ChampionX for $7.74 billion in an all-stock deal that puts a 14.6% premium on ChampionX’s April 1 closing price.
Kinder Morgan Exec: Don’t Count Out Midstream in M&A Frenzy
Kinder Morgan’s Allen Fore said 2024 should be an ‘interesting’ year in M&A during a discussion at DUG GAS+ Conference and Expo.
Chesapeake, Awaiting FTC's OK, Plots Southwestern Integration
While the Federal Trade Commission reviews Chesapeake Energy's $7.4 billion deal for Southwestern Energy, the two companies are already aligning organizational design, work practices and processes and data infrastructure while waiting for federal approvals, COO Josh Viets told Hart Energy.
Kimmeridge-SilverBow Public Feud Gets Ugly as Firm Suggests New Directors
Kimmeridge Energy Management said in a letter that should SilverBow continue to “stonewall” consideration of a merger offer, shareholders should elect three new independent board members.
Hess Pushes Shareholders to Vote in Favor of $53B Chevron Merger
Hess Corp.’s board is unanimously recommending its shareholders vote in favor of the proposed $53 billion all-stock merger with Chevron Corp., according to Chevron’s March 28 Securities and Exchange Commission filing.