Darren
Barbee
Oil and Gas Investor
Matador Stock Offering to Pay for New Permian A&D—Analyst
Matador Resources is offering more than 5 million shares of stock for proceeds of $347 million to pay for newly disclosed transactions in Texas and New Mexico.
‘Unexpected’ JV to Move Permian NatGas to Gulf Coast LNG Terminals
A trio of midstream companies—Enbridge, Whitewater and MPLX—will work together to build infrastructure to transport Permian Basin natural gas to Gulf Coast LNG terminals.
Sold in 66 Days: Inside the Diamondback-Endeavor Deal
Diamondback Chairman and CEO Travis Stice first offered “at least $25 billion” for Endeavor Energy Resources on Dec. 8. The deal closed just weeks later for $26 billion.
Marketed: Onyx Resources 40 Well Package in Texas, New Mexico
Onyx Resources has retained EnergyNet for the sale of a 40 well package plus 3,192.48 net leasehold acres in Crane, Ector and Winkler counties, Texas and Lea County, New Mexico.
Marketed: Onyx Resources 23 Well Package in Texas
Onyx Resources has retained EnergyNet for the sale of a 23 well package plus 1,082.81 net leasehold acres in Archer, Clay, Fisher, Jones, Kent, Stephens, Taylor and Young counties, Texas.
ChampionX to Acquire RMSpumptools, Expanding International Reach
ChampionX said it expects the deal to extend its reach in international markets including the Middle East, Latin America and other global offshore developments.
Clean Harbors Closes $400MM Acquisition of HEPACO
Clean Harbors acquired HEPACO for $400 million, adding complementary services for environmental remediation and emergency response in the Eastern U.S.
Exxon, Vitol Execs: Marrying Upstream Assets with Global Trading Prowess
Global commodities trading house Vitol likes exposure to the U.S. upstream space—while supermajor producer Exxon Mobil is digging deeper into its trading business, executives said at CERAWeek by S&P Global.
Summit Midstream Sells Utica Interests to MPLX for $625MM
Summit Midstream is selling Utica assets to MPLX, which include a natural gas and condensate pipeline network and storage.
RIC Energy Sells Seven Solar Plants in New York to Radical Power
In recent months, RIC Energy sold 13 photovoltaic plants in the state of New York with a total capacity of 70 MW to various companies.