Acquisitions & Divestitures

Jones Energy Closes Stack/Scoop Acquisition; Opens Oklahoma City Office

Jones had entered the agreement Aug. 18 to acquire about 18,000 net acres primarily in southern Canadian and northern Grady counties in Oklahoma from an associated company of American Energy Partners.

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Sunoco Will Purchase Vitol's Permian Basin Assets

Sunoco said it was offering 21 million common units to partly fund the deal, which is expected to close in the fourth quarter, Reuters reported.

September 26, 2016
Rice Energy, Vantage Energy, acquire, dry gas, Marcellus, shale, oil, natural gas, acquisition, deal, $2.7 billion, Barnett, Utica, Greene County, Pennsylvania, IPO, midstream, Rice midstream, pipeline

Rice Energy Makes Dry Gas Run With $2.7 Billion Deal

Rice said that its deal to buy Vantage Energy’s Marcellus, Utica and Barnett shale assets will increase its enterprise value to $9 billion.

September 26, 2016

QEP Permian Deal Dawdles; Unit Hunting Stack Midstream

Encana Corp. also launched an equity offering for $1 billion, raising the possibility of a Montney sale, analyst says...

September 22, 2016

TPH Partners With Oklahoma-Focused Antioch Energy

The company, headquartered in Oklahoma City, plans to focus on the acquisition and development of conventional and unconventional oil and gas properties primarily in the Sooner State.

September 22, 2016

Marketed: Delaware Basin Mineral Rights Near Alpine High Discovery

The Woodlands, Texas-based company said Sept. 21 it commenced the process of marketing mineral rights on 793 net acres under 14,969 gross acres in Reeves and Culberson counties in West Texas.

September 21, 2016

Bellatrix Unloads Noncore Cardium Assets To Tackle Debt

As part of the deal, Bellatrix has retained formation rights above and below the Cardium on the Pembina, Alberta, acreage, including the Notikewin, Falher and Wilrich members of the Spirit River Formation.

September 20, 2016

Range Resources Closes $4.2 Billion Merger With Memorial

The value of the all-stock transaction, which included the assumption of Memorial Resource's debt, was about $200 million less than originally reported when the deal was announced May 16.

September 19, 2016

RockPile Bolsters Bakken Workover Rig Business With Acquisition

The acquisition marks RockPile's first deal after being acquired by White Deer Energy on Sept. 8. Denver-based RockPile was a subsidiary of Triangle Petroleum, which filed for chapter 11 in June.

September 19, 2016

Statoil Wraps Up $96 Million Marcellus Sale To Antero

In the Marcellus, Statoil, based in Stavanger, Norway, retains its operated properties in Ohio and a 350,000 net acre nonoperated position.

September 16, 2016

Team Oil Tools Buys Top Notch With Permian, Eagle Ford Ops

Based in Corpus Christi, Texas, Top Notch is a provider of thru tubing, fishing and milling services with operations across the Eagle Ford and Permian Basin markets.

September 15, 2016

Patterson-UTI Energy To Acquire Drilling Technology Company

Houston-based Patterson-UTI said it entered an agreement to acquire Warrior Rig, which designs, manufactures and services high-spec rig components with a recent focus on top drive technology for improved drilling...

September 14, 2016