Mergers, Acquisitions, and Divestitures impacting the world energy market
Aug 9 (Reuters) – Shale producer Devon Energy (DVN.N) said on Tuesday it will buy Validus Energy, an Eagle Ford basin operator, for $1.8 billion in cash. The deal comes at a time when oil producers are […]
Chesapeake announced this week that it is solidifying its strategic focus on its “core” Marcellus and Haynesville positions. “Our acreage positions in the Marcellus and Haynesville are truly differentiated with industry leading capital efficiency, deep […]
Denver-based oil and gas company Sitio Royalties continued to up its presence in the Permian Basin, buying up more land in the U.S.’ busiest oilfield as energy markets continue to grow amid renewed demand following […]
(WO) — Baker Hughes agreed to sell its Oilfield Services business in Russia to its local management team, and the business will operate independently going forward, the company announced. The agreement follows the company’s previously […]
Nickel Road Operating LLC announced it divested a portion of its assets in the Denver-Julesberg (DJ) Basin to Bayswater Exploration and Production. The assets are positioned next to Bayswater’s existing holdings in Weld County and […]
Nickel Road Operating LLC announced it divested a portion of its assets in the Denver-Julesberg (DJ) Basin to Bayswater Exploration and Production. The assets are positioned next to Bayswater’s existing holdings in Weld County and […]
BIRMINGHAM, AL / ACCESSWIRE / July 27, 2022 / Diversified Energy Company PLC (LSE:DEC) (“Diversified” or “the Company”) announces that is has acquired the well services and plugging assets and operations of Contractor Services Inc. of […]
Devon Energy Corp. wrapped up its previously announced purchase of RimRock Oil and Gas LP on July 21, described by Devon as a “bolt-on” acquisition in the Williston Basin. Oklahoma City-based Devon had entered into a definitive […]
Shell is planning to divest its stakes in two oil and gas development projects located in the US Gulf of Mexico for as much as $1.5bn, Reuters reported, citing people familiar with the development. The firm is […]
DENVER–(BUSINESS WIRE)–Fundare Resources Company, LLC (“Fundare” or the “Company”) announced today that it has completed an acquisition of oil and gas assets in the Green River Basin of Wyoming from HRM Resources III, LLC (“HRM”). […]
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