Mergers, Acquisitions, and Divestitures impacting the world energy market
DENVER, July 6, 2022 /CNW/ – Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced it has reached agreements with two counterparties to sell portions of its assets located in the Uinta and Bakken Basins for total proceeds […]
Plans to Initiate Borrowing Base Redetermination HOUSTON, TX / ACCESSWIRE / June 30, 2022 / Ranger Oil Corporation (“Ranger” or the “Company”) (NASDAQ: ROCC) today announced additional bolt-on acquisitions of oil and gas assets in the […]
June 29 (Reuters) – BlackBrush Oil and Gas has placed some of its assets in south Texas for sale, seizing on a surge in energy prices, people familiar with the matter said on Wednesday. The […]
Chevron Corporation earlier this month completed its previously announced acquisition of biodiesel production company Renewable Energy Group, Inc. (REG) following approval by REG stockholders. “We have brought together companies with complementary capabilities, assets, and customer […]
ExxonMobil’s Canadian affiliates, namely Imperial Oil and ExxonMobil Canada, have agreed to sell their Montney and Duvernay shale oil and gas assets in Canada to Whitecap Resources in an all-cash deal worth $1.47bn. Imperial and ExxonMobil Canada […]
Highly Accretive Expansion in Northern Delaware Basin Meaningfully Increases Scale THE WOODLANDS, Texas, June 28, 2022 /PRNewswire/ — Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) today announced that it has entered into an agreement (the “Agreement”) to acquire […]
One benefit of hosting a podcast is visiting with industry experts in all facets of the energy space. Today is no exception as I sit down with Chris Atherton, CEO, EnergyNet the oil and gas […]
DENVER–(BUSINESS WIRE)–Sitio Royalties Corp. (NYSE: STR) (“Sitio” or the “Company”) today announced it has (i) completed the acquisition of over 19,700 net royalty acres (“NRAs”) in the Permian Basin from Foundation Minerals, a Midland-based portfolio […]
WILLOW PARK, Texas and HOUSTON, June 21, 2022 /PRNewswire/ — ProFrac Holding Corp. (NASDAQ: PFHC) (“ProFrac” or the “Company”) announced today that it has reached an agreement to acquire U.S. Well Services, Inc. (NASDAQ: USWS) (“USWS”) in […]
(Reuters) — The owners of THQ Appalachia I LLC are exploring a sale of the U.S. natural gas producer that could value it at more than $5 billion, including debt, sources told Reuters on Friday. Potential bidders […]
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