Anschutz Exploration Corp. retained EnergyNet for the sale of its WI participation option in Converse County, Wyoming.
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 will acquire 37,333,333 common shares in Northcliff at CA$0.01875 (US$ 0.014) per common share.
The merger of the two wireline services companies will create API Wyreline.
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.
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.
Fewer companies expect to increase oil and gas production this year as many turn to renewables for growth opportunities.
W&T Offshore believes it can meaningfully increase production on the six new properties through workovers, recompletions and facility repairs.
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 LP is adding scale and diversifying its portfolio with its acquisition of NuStar Energy LP, which is expected to close in second quarter 2024.