Chris
Mathews
Hart Energy
Marketed: Legacy Income Fund Permian Basin 5 Hz Well Package in New Mexico
Legacy Income Fund has retained EnergyNet for the sale of a Permian Basin 5 Hz well package WI located in Lea County, New Mexico.
Marketed: ConocoPhillips Williston Basin 3 Hz Well Opportunity
ConocoPhillips has retained EnergyNet for the sale of Williston Basin 3 Hz Well WI located in Divide County, North Dakota.
Chesapeake Energy Exploring Deal to Buy Southwestern Energy: Sources
Combined, Chesapeake Energy and Southwestern Energy would overtake EQT Corp. as the largest natural gas-focused E&P company in the U.S. by market value.
Anadarko Basin E&P Eyes Raising $200 Million Through IPO
Anadarko Basin-focused E&P Mach Natural Resources plans to raise around $200 million through an initial public offering, filings show.
Marathon Oil Announced LNG Sales Agreement with Glencore Energy UK
The LNG sales agreement includes a portion of Glencore’s Alba Field gas.
CEO: Vital Energy Sees ‘A Lot More Opportunity’ for Permian M&A
Vital Energy has pumped nearly $2 billion into Permian Basin acquisitions this year. To continue growing Vital’s oil weighting and inventory, CEO Jason Pigott sees opportunity for more deals.
Western Midstream Closes Acquisition of Meritage
Western Midstream’s acquisition of Meritage Midstream Services II adds approximately 1,500 miles of natural gas pipelines to its portfolio.
$60B Pioneer Deal ‘Completely Different’ from XTO Takeover
Exxon Mobil’s $59.5 billion acquisition of Pioneer Natural Resources will cement the supermajor as the unconventional oil and gas leader. But executives acknowledge the company was late to the unconventional party more than a decade ago.
Trinidad, Tobago Launches Shallow Water Bid Round
Trinidad and Tobago has 13 blocks on offer, with bids due in April 2024.
Analysts Mildly Skeptical of Exxon’s Expected Free Cash Flow Boost from Pioneer Deal
During and after a conference call about the Pioneer acquisition, Exxon Mobil’s claim of a $6 billion free cash flow increase received light pushback as analysts expressed some skepticism.