Nissa
Darbonne
Oil and Gas Investor
Exxon Mobil Closes $4.9 Billion Acquisition of Denbury
Exxon Mobil’s acquisition of Denbury adds more than 1,300 miles of CO2 pipeline, including nearly 925 miles of pipelines in Louisiana, Texas and Mississippi.
Comstock Could Take its New North Houston Haynesville Play to 2 Bcf/d
The wildcatter’s two newest wells have come in with up to 35 MMcf/d as Comstock Resources drills in the Haynesville Shale north of Houston.
Crestwood Preferred Unitholders Vote to Receive Energy Transfer Units
The vote is one of the final tasks to be performed before the closing of Energy Transfer’s $7.1 billion merger with Crestwood Equity Partners.
Permian Resources Closes $4.5B Earthstone Energy Acquisition
Permian Resources’ acquisition of Earthstone Energy increases its leasehold to more than 400,000 net acres and its production to 300,000 boe/d.
Chevron CEO: Upstream Returns to be ‘Structurally Higher’ than Downstream
Chevron’s $53 billion acquisition of Hess Corp. will concentrate the California major even further in upstream oil and gas production—the part of its portfolio where Chevron sees the most future upside.
A&D Minute: Eyeing the Future of M&A Ground Games [WATCH]
In this week's A&D Minute, Chevron's $53 billion acquisition of Hess could lead to monetization of Hess' assets offshore Malaysia and Thailand.
Marketed: Winn Resources Operated Midland Basin Opportunity
Winn Resources LLC retained RedOaks Energy Advisors for the sale of certain operated working interest properties in Midland County, Texas.
No Money Down: Analysts See Logic in Chevron, Exxon M&A Strategy
Analysts are supportive of Exxon Mobil and Chevron’s all-stock deals in response to some grumbling among stockholders, saying the supermajors are saving cash for optionality and avoiding debt.
US Senator Schumer Urges FTC to Probe Exxon, Chevron Megadeals
Earlier this month, Exxon proposed to buy Pioneer Natural Resources for nearly $60 billion and Chevron agreed to acquire Hess for $53 billion, which the Democratic Senate leader said are "likely to harm competition."
Chesapeake Inks Long-Term LNG Supply Agreement with Vitol
Chesapeake is furthering its LNG strategy, inking a long-term supply agreement with global commodities trader Vitol.