Marketed: Anschutz Exploration Corp. WI Opportunity in Converse County, Wyoming

Anschutz Exploration Corp. retained EnergyNet for the sale of its WI participation option in Converse County, Wyoming.

Chevron's Duvernay Sale Seen Attracting Mid-sized Canadian Shale Operators

As Chevron Corp. markets its Duvernay shale assets, the U.S. oil major is most likely to find a buyer among a handful of mid-sized Canadian firms looking to capitalize on the region.  

Todd Holdco to Invest Further into Northcliff Resources

Todd Holdco will acquire 37,333,333 common shares in Northcliff at CA$0.01875 (US$ 0.014) per common share.

API Perforating, Wyreline Transformation to Merge

The merger of the two wireline services companies will create API Wyreline.

4Q Deal-Making Was $144B; What’s Next?

U.S. takeout targets are few now. Operators may go abroad to add reserves, according to Enverus. Private E&Ps may pick up offshoots from portfolio pruning.

Defying Expectations, Solar Lures $34.3B in Corporate Funding in 2023

Corporate funding for the solar sector hit a decade high last year, but M&A activity saw a year-on-year decline, according to the Mercom Capital Group.

Lathrop Survey: Oil Execs Favor Diversifying

Fewer companies expect to increase oil and gas production this year as many turn to renewables for growth opportunities.

W&T Offshore Beefs Up Shallow Water GoM Holdings

W&T Offshore believes it can meaningfully increase production on the six new properties through workovers, recompletions and facility repairs.

Energy Transfer’s Sunoco Buys NuStar Energy for Scale, Permian Oil Footprint

Sunoco LP is gaining greater scale and adding new business lines through its $7.3 billion acquisition of NuStar Energy LP. But given Energy Transfer’s 100% ownership of the Sunoco partnership, could the deal face pushback by regulators?

Sunoco to Acquire NuStar Energy for $7.3B

Sunoco LP is adding scale and diversifying its portfolio with its acquisition of NuStar Energy LP, which is expected to close in second quarter 2024.