Flurry of Deals from Canada to the Permian Basin Close Out 2023

Several Canadian E&Ps are adding scale and undrilled inventory in prolific resource plays in Alberta, while in the Permian Basin, Ring Energy finalized an acquisition in the Central Basin Platform.

Nabors’ Vast New Energy Source

Nabors partnership with Australian-based solar-thermal energy company Vast Renewables opens a new frontier for energy production.

Harbour to buy Wintershall Dea’s Global Upstream Assets for $11.2B

Harbour Energy reached an agreement with Wintershall Dea shareholders BASF and LetterOne to buy its upstream assets in Europe, South America, North America and Africa.

Fury Road: Will $450MM Battalion M&A Fuel More Go-private Deals?

Delaware Basin E&P Battalion Oil is being acquired in a go-private transaction by a newly formed E&P Fury Resources. Could go-private sales become more common for small E&Ps with limited runway in the public markets?

Shell to Sell Wind, Solar Interests to InfraRed Capital Partners

Shell will sell stakes in a 182-megawatt wind farm in Texas and a 180-megawatt solar development in Ohio.

ACWA, Egypt Ink $4B Hydrogen Deal

ACWA Power and Egypt’s framework agreement lays out plans to develop a green ammonia project and a larger green hydrogen project.

Kodiak Gas Services, CSI Compressco Combine in $854MM Merger

Kodiak Gas Services and CSI Compressco said they will have the largest contract compression fleet in the industry, with more than half of its horsepower serving the Permian Basin.

Marketed: Annastin Mineral Partners 12 Well Package Non-producing Minerals in Oklahoma

Annastin Mineral Partners LLC retained EnergyNet for the sale of 12 Well Package Non-producing Minerals in McClain county, Oklahoma.

Marketed: EnerQuest 100% GWI with Operations in Utah

EnerQuest Oil & Gas LLC has retained EnergyNet for the sale of a Logan 1 Federal plus SWD (100% GWI with operations) in Summit County, Utah.

Nabors Closes Combination with Solar-thermal Company Vast Renewables

The merger establishes Vast Renewables Ltd. as a publicly traded concentrated solar thermal power  company.