As Berry Corp. continues its aggressive hunt for growth opportunities outside of California, the E&P made a second bolt-on acquisition in Kern County in the fourth quarter.
Prairie’s net proceeds were used to reduce indebtedness under the company’s senior secured facility and to increase its working capital position.
The new acreage offshore South Africa is on trend with the Venus discovery offshore Namibia.
EnCore Permian Holdings LP has retained EnergyNet for the sale of 17 asset packages available on EnergyNet's platform.
Bendel Ventures LP has retained EnergyNet for the sale of a 73 well package in Iron and Reagan counties, Texas.
Bunge Chevron Ag Renewables' facility will be used to manufacture low carbon renewable fuels from oilseed.
The combined organization will operate under JMR Services and aims to become the largest pure-play plug and abandonment company in the nation.
Talos Energy closed a cash-and-stock acquisition of QuarterNorth Energy, adding scale in the Gulf of Mexico.
Analysts expect TC Energy to make more divestitures as the Canadian infrastructure company looks to divest roughly $2.21 billion in assets in 2024 and lower debt.
Flowchem, Val-Tex and Sealweld were formerly part of Entegris Inc.