Acquisitions & Divestitures

Oil M&A Activity Might Rise In 2016

The Permian Basin is prime for M&A interest. There could be consolidation in the Eagle Ford as producers try to drive efficiencies and lower costs, a Citigroup executive told Bloomberg. 

May 20, 2015
Halliburton, Baker Hughes, oilfield service, mergermarket, Canary LLC, Weatherford, Tudor, Pickering, Holt, A&D, oil deals, industry, M&A

Oilfield Service Deals Stagnate For Want Of Buyers

Potential buyers have had to cut employees, and so far few companies are going out of their way to aggressively...

May 20, 2015
A&D, dropdown acquisition, MLP, Atlas, Rangely Field, Colorado, Texas, eagle ford, shale, Arkoma Basin, Midcontinent

Atlas Dropdown Acquisition To Dilute MLP’s Equity

After three years and $2.2 billion spent buying Eagle Ford, Permian and Arkoma Basin assets, Atlas plans to use $...

May 19, 2015

Nostra Terra Acquires San Miguel Prospect Acreage

London-based Nostra Terra said May 18 it acquired 1% working interest in the San Miguel Prospect in South Texas.  The 35,000-acre acquisition,...

May 18, 2015

Lucas, Victory Terminate LOI For Merger

Anthony C. Schnur, CEO of Lucas, said the company is reexamining transactions abandoned after oil prices fell, or abandoned after the Feb. 4 announcement of the merger with Victory.

May 18, 2015

T-Rex Oil Enters Williston Basin Acreage LOI

T-Rex Oil Inc. will pay $7 million for...

May 15, 2015
Noble Energy, Rosetta Resources, merger, merge, M&A, opportunities

Noble’s Merger With Rosetta Opens Door To Opportunities, Questions

An analyst argues that Noble’s D-J Basin assets may not have the firepower touted by the company, while another says the merger may prove to be the way large deals get done.

May 15, 2015
Parsley Energy, Permian Basin, first quarter 2015, A&D

Parsley Energy Adds Acreage, Shows No Fear In Permian

Parsley, like Pioneer Natural Resources and RSP Permian, is ready to deploy more rigs by June and up spending if oil strengthens despite a rocky ride in the Permian Basin.

May 14, 2015
Williams, Williams Partners, merger, merge, M&A, midstream

Williams Swallows Up MLP In $13.8 Billion Merger

Combined midstream operations will include the Marcellus, Utica, Eagle Ford, Haynesville, Barnett, Midcontinent and Niobrara. It’s anticipated to be one of the largest, high-dividend paying C-Corps in the energy...

May 13, 2015

Memorial Resources Reveals Sale Of Rockies Assets

Subsequent to the closing of the divestiture, 100% of the company's proved reserves are located in the Terryville Field and North Louisiana.

May 13, 2015
Carrizo, Emerald Oil, oil, Delaware Basin, acquisition, farm out

Carrizo, Emerald Oil Grab Acreage In Delaware Basin Deals

Carrizo works out a farm-out agreement in Texas that will build on its acreage while Emerald plans to drill five wells on estimates of 400 locations in New Mexico.

May 12, 2015