Nut Tree Capital Management and Caspian Capital accused Martin Resource Management of proposing an insider deal that undervalues the cost of Martin Midstream’s shares.
Spurned or simply ignored by the big publics, the Permian Basin’s conventional zones—the Central Basin Platform, Northwest Shelf and Eastern Shelf—remain playgrounds for independent producers.
Innovex International paid $103.7 million in cash and stock for Downhole Well Solutions, according to a Securities and Exchange Commission filing.
With M&A activity all around its Utah asset, private producer Scout Energy Partners aims to grow larger in the emerging Uinta horizontal play.
Panel: The pool of financial companies catering to oil and gas companies has shrunk along with the number of E&Ps.
In addition to its joint venture with Logan Energy Corp., Gran Tierra Energy Inc. also announced a seventh successful discovery well in Ecuador.
Spruce Power bought the 91-megawatt residential portfolio from New Jersey Resources’ Clean Energy Ventures in a $132.5 million deal.
Jefferies’ Pete Bowden, the global head of industrial, energy and infrastructure investing, discussed the trajectory of the Permian Basin’s production and the future of M&A in the increasingly consolidated region, in this Hart Energy Exclusive interview.
Toyo says it plans to start production of 1 GW of annual module capacity by mid-2025 and reach 2.5 GW by the end of 2025.
Riley Permian and Conduit Power are working together to use natural gas to power the Permian Basin and ERCOT.