Acquisitions & Divestitures

Kayne Backs Native Exploration With $140 Million For Midcon Deals

Native Exploration will pursue acquisitions of oil and gas assets with scalable exploitation and development upside in the Midcontinent region, specifically in Oklahoma.

7:45 am
Randy Foutch, Laredo Petroleum, Midland Basin, Permian, Medallion Pipeline, Divestiture, Acquisition, M&A

All Systems Go: Laredo Launches Midland Pipeline Sale

Analysts estimated the Medallion-Midland Basin pipeline could be worth anywhere from $2.2 billion to $1.4 billion, with about half of the proceeds going to Laredo.

July 21, 2017

Laredo Petroleum Confirms Midland Basin's Medallion Pipeline On The Market

Laredo Petroleum previously stated the possibility to monetize its stake in Medallion to either further de-lever its balance sheet or accelerate drilling activities in the Permian.

July 19, 2017
Travis Stice, Diamondback Energy, Viper Energy, Acquisitions, Minerals, royalties, Permian, Midland, Delaware

Cold-Blooded Deal Makers: Viper Spends $270 Million In Permian

The company’s A&D activity stands to increase its holdings in the basin by 37% if all deals close.

July 18, 2017

Abraxas Turns Deals Here, There And Delaware As Basin Cools

Low oil prices are jamming some private-equity companies in the Delaware Basin from selling while large-scale deals get slightly cheaper.

July 17, 2017
Return Of Silverback: Delaware Basin E&P Restocks With $500 Million

Return Of Silverback: Delaware Basin E&P Restocks With $500 Million

In January, Silverback sold 35,000 net acres in Reeves County, Texas, to Centennial Resource Development for $855 million.

July 12, 2017
Halcón Continues Transformation With $1.4 Billion Williston Sale

Halcón Continues Transformation With $1.4 Billion Williston Sale

The sale of Halcón’s operated Williston assets continues the company’s transformation into a Delaware Basin-focused E&P.

July 11, 2017
Carrizo Oil & Gas, Chip Johnson, ExL, Quantum Energy, Russian, CFIUS, Trump, A&D

Carrizo’s Delaware Deal Came After Skepticism, Russian Intrigue, Underbidding

The company plans to help pay for the acquisition by selling Appalachia and Niobrara assets for a hoped-for price of $300 million.

July 10, 2017
Apache Exits Canada In Three Deals Worth $713 Million

Apache Exits Canada In Three Deals Worth $713 Million

Apache’s Canadian divestitures will unlock value as the Houston-based company builds momentum in the prolific Permian Basin.

July 7, 2017
Interior’s Zinke Signs Order To Expedite Oil, Gas Development On Federal Land

Interior’s Zinke Signs Order To Expedite Oil, Gas Development On Federal Land

Zinke’s latest order is set to increase federal lease sales, possibly opening up more development opportunities in the Permian and Uinta basins.

July 6, 2017

EQT's $8.2 Billion Buyout Of Rice Energy Criticized By Hedge Fund Jana

Jana Partners stepped up its criticism of EQT's deal to buy Rice Energy, arguing that EQT could save as much as $4.5 billion if it separated its pipeline assets instead.

July 6, 2017

Sanchez Midstream Reports Noncore Sale, Eagle Ford Facility Startup

Sanchez Midstream Partners agreed to sell noncore production assets as the Houston-based company advances its midstream strategy in the Eagle Ford Shale.

July 5, 2017

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