Acquisitions & Divestitures

Lonestar Resources, Eagle Ford, shale, IOG Capital, JV, Texas

Lonestar Resources Nets $100 Million Eagle Ford JV

The Fort Worth, Texas, company will be able to drill while hunting down more acquisitions—and without taking a major hit to its balance sheet.

9:05 am

Anadarko Not Selling Mozambique LNG Stake

Anadarko Petroleum Corp. has no interest in selling down its stake in planned LNG project in Mozambique, CEO Al Walker...

July 29, 2015
A&D, Midland, Irene Haas, Diamondback, Clayton Williams, Permian, Parsley Energy

Of Oil And Entropy: Midland Basin Powerhouses Hunt Deals, Stability

 
E&Ps such as Diamondback continue to outperform their peers as larger, capitalized companies...
July 28, 2015

India’s Reliance Considers Selling US Shale Gas Assets

Indian oil refinery complex operator Reliance invested more than $8 billion in its U.S. unconventional gas joint...

July 28, 2015
proppant, frack sand, consolidation, PacWest, IHS, Samir Nangia

Proppant Market On The Way Toward Consolidation

The top 10 frack sand suppliers claim 55% of total business, while more than 40 companies make up the remaining percentage.

July 27, 2015
Goodrich Petroleum, Eagle Ford, acquisition, A&D, M&A, TMS, debt, finances, oil, gas

Razing Funds? Goodrich Sells Eagle Ford Acreage, Forfeits Oil Production

In an area where Goodrich spends no capex, the company sold 2,850 boe/d in production in the Eagle Ford but apparently did not receive credit for its undeveloped acreage.

July 27, 2015

Saudi Arabian Chemical Manufacturer, Enterprise Sign Shale Gas Agreement

Under deal with Enterprise Partners, feedstock may be used in U.S. or exported, acting CEO Yousef al Benyan told Bloomberg. Saudi Basic...

July 27, 2015
M&A, big oil, EOG, Continental, Noble, A&D, Goldman Sachs

Shale’s Magnificent Seven May See Majors Gunning For Deals

A Goldman Sachs analyst identifies targets for major oil companies that have failed so far to gain entry into shale plays and need to replace depleted reserves.

July 24, 2015

Black Ridge, Merced Form Williston Basin-focused JV

A joint-venture entity will acquire and develop Williston Basin nonoperated assets. Merced will fund the joint venture with an initial $50 million target investment. Merced will approve investments.

July 23, 2015

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