Chris
Mathews
Hart Energy
Discovery Lithium Signs LOI to Acquire Midex Resources
Discovery Lithium signed a non-binding letter of intent to acquire a 43,000-hectare land position in known lithium-bearing pegmatite fields.
SilverBow Saga: Investor Urges E&P to Take Kimmeridge Deal
Kimmeridge’s proposal to combine Eagle Ford players Kimmeridge Texas Gas (KTG) and SilverBow Resources is gaining support from another large investor.
US Proposes Second GoM Wind Lease Auction
Combined, the four proposed areas for offshore wind have the potential to power about 1.2 million homes if developed, according to the Interior Department.
New Fortress Energy Acquires 1.6 GW Capacity Reserve Contract
New Fortress Energy now has over 2.2 gigawatts of contracted power at Barcarena, Brazil, after acquiring a contract from Ceiba Energy.
Marketed: DLH Capital 10 Well Package in Oklahoma
DLH Capital LLC has retained EnergyNet for the sale of a non-operated 10 well package in Blaine, Canadian, Dewey and Kingfisher counties, Oklahoma.
Marketed: Team Operating Gulf Coast Opportunity
Team Operating LLC has retained PetroDivest Advisors for the sale of certain oil and gas leasehold and related assets spanning multiple counties in Texas, Louisiana and Mississippi.
Gunvor Group Inks Purchase Agreement with Texas LNG Brownsville
The agreement with Texas LNG Brownsville calls for a 20-year free on-board sale and purchase agreement of 0.5 million tonnes per annum of LNG for a Gunvor Group subsidiary.
ConocoPhillips CEO Ryan Lance: Upstream M&A Wave ‘Not Done’ Yet
Dealmaking in the upstream oil and gas industry totaled $234 billion in 2023. The trend shows no signs of slowing, ConocoPhillips CEO Ryan Lance said at the CERAWeek by S&P Global conference.
EIA: E&P Dealmaking Activity Soars to $234 Billion in ‘23
Oil and gas E&Ps spent a collective $234 billion on corporate M&A and asset acquisitions in 2023, the most in more than a decade, the U.S. Energy Information Administration reported.
Pembina Cleared to Buy Enbridge's Pipeline, NGL JV Interests for $2.2B
Pembina Pipeline received a no-action letter from the Canadian Competition Bureau, meaning that the government will not challenge the company’s acquisition of Enbridge’s interest in a joint venture with the Alliance Pipeline and Aux Sable NGL fractionation facilities.