Chris
Mathews
Hart Energy
Diversified Energy Sells Appalachia Assets to Reduce Debt
Diversified Energy sold natural gas assets in its Appalachia portfolio at a 5.7x multiple and used the proceeds to pay down credit borrowings, the Alabama-based firm announced Jan. 2.
Quantum Energy Closes $2.7B Sale of Haynesville E&P Rockcliff Energy
Tokyo Gas subsidiary TG Natural Resources purchased Quantum Energy-backed Rockcliff Energy, quadrupling its gas and NGL volumes.
As Pioneer Seals the Deal with Exxon, CEO Rich Dealy's Work Continues
Rich Dealy steps into the Pioneer Natural Resources CEO role as the Permian Basin pure-play integrates operations with Exxon Mobil in a $60 billion merger.
The OGInterview: As Pioneer's Run Ends, New CEO Dealy's Work Goes On
In this month's OGInterview, Pioneer Natural Resources CEO Rich Dealy discusses stepping into his role leading the Permian Basin pure-play as it integrates operations with Exxon Mobil in a $60 billion merger.
Deckelbaum: US Shale Landscape Taking on New Shape Through M&A
In 2023, majors Chevron and Exxon Mobil took four public names off the board—Pioneer Natural Resources, Denbury, PDC Energy and Hess Corp.— using all-equity takeout mechanisms with scant premiums.
Mach Natural Resources Closes $815MM Anadarko Basin Bolt-on
Mach Natural Resources closed a previously announced deal with EnCap-backed Paloma Partners IV to acquire approximately 62,000 net acres in Oklahoma.
Kinder Morgan Closes on $1.8B Deal with NextEra
Kinder Morgan’s acquisition of NextEra Energy’s assets in South Texas solidifies its pipeline network in South Texas.
EIG to Buy Brazil’s Ocyan for $390 Million
EIG’s purchase of service company Ocyan Participações will give it control over Brazil’s only FPSO operator.
After Record Year, Permian Basin Set for Even More M&A in 2024
The big have grown bigger and Tier 1 acreage is even pricier in America’s hottest oil basin.
Alternus Clean Energy Emerges from $575MM Blank Check Acquisition
Law firm Winston & Strawn said Alternus Energy Group combined with a special purpose acquisition company to create a new company, Alternus Clean Energy, in a $575 million transaction.