Acquisitions & Divestitures

Husky Energy: Asset Sales Aid Quarterly Profit

CEO Rob Peabody said the company has focused on fewer oil and gas plays in western Canada and expects to 'do some modest portfolio tidy-up throughout this year.'

February 24, 2017

YPF, Shell Sign Deal For Vaca Muerta Pilot Project

Both companies will take a 50% stake in the Bajada de Añelo Field to develop a pilot program, which will be operated by Shell, YPF said in a statement. The...

February 24, 2017
A&D, Stack Play, Oklahoma, Meramec, Osage, Woodward County, James Bennett, SandRidge

SandRidge Reborn: Stack Deal Boosts Position To 60,000 Acres

The company, coming off a tough stretch that included bankruptcy reorganization, has $525 million in liquidity.

February 23, 2017
Private equity, Post Oak, Frost Cochran, Memorial Development, Range Resources,  Crimson, Frank Starr, Tripp Rivers, Oil, Gas, Permian, Eagle Ford

After Prosperous 2016, Private Equity Makes Its Plays

In fourth-quarter 2016, nearly all of the $11.9 billion in transactions were made by public companies purchasing from private-equity firms.

February 22, 2017

Black Stone Minerals Forms JV For Haynesville/Bossier Wells

The agreement with Canaan Resource Partners covers certain Haynesville and Bossier shale acreage in the Shelby Trough operated by XTO Energy Inc.

February 22, 2017

Blackbird Will Acquire Additional Montney Rights From Paramount Resources

The acquisition lands are south of the Wapiti River. After the acquisition closes, Blackbird will have significant blocks of land north and south of the river...

February 22, 2017

Chaparral Aims For Pipeline Sale In Push To Exit Bankruptcy

Chaparral has a hearing on March 9 to confirm its plan to emerge from Chapter 11 bankruptcy, funded in part by asset sales.

February 21, 2017
Marathon Oil, E&P, Stack play, Eagle Ford, Bakken, West Texas, A&D, M&A

Marathon Caps 2016 A&D Run With One More Sale

Marathon closed a $1.3 billion year of deals announced or closed, including the sale of $155 million in Wyoming acreage.

February 20, 2017
Matador Resources Midstream JV Plugs Delaware Basin Capex Hole

Matador’s Midstream JV Plugs Delaware Capex Hole

Matador’s JV with a private company far exceeds analyst estimates, who considered the midstream infrastructure worth $250 million or so.

February 17, 2017
Parsley Energy, Bryan Sheffield, Midland Basin, Permian, EOG, Pioneer Natural Resources, Oil

Parsley’s Sheffield: Midland’s Fragmented Pieces Drive A&D

The complexity of mineral ownership and working interests creates opportunities for landmen who can put together large tracts of acreage, Sheffield said.

February 17, 2017

California Resources To Accelerate Activity With $250 Million JV

The Los Angeles-based company formed a joint venture with Benefit Street for the investment of up to $250 million for the development of opportunities in its conventional and unconventional assets.

February 16, 2017

Without Delays, DAPL Financial Deals Fall Into Place

ETP, MPLX and Enbridge complete transactions on the Bakken Pipeline System.

February 16, 2017