The Latest

Vår Selling Norne Assets to DNO

In exchange for Vår’s producing assets in the Norwegian Sea, DNO is paying $51 million and transferring to Vår its 22.6% interest in the Ringhorne East unit in the North Sea.

Evolution Petroleum Sees Production Uplift from SCOOP/STACK Deals

Evolution Petroleum said the company added 300 gross undeveloped locations and more than a dozen DUCs.

Permian Resources Adds More Delaware Basin Acreage

Permian Resources also reported its integration of Earthstone Energy’s assets is ahead of schedule and raised expected annual synergies from the deal.

Crescent Point Divests Non-core Saskatchewan Assets to Saturn Oil & Gas

Crescent Point Energy is divesting non-core assets to boost its portfolio for long-term sustainability and repay debt.

Dara Energy Acquires Assets in Three States from Vinland

Dara Energy closed an acquisition of low decline oil and gas assets in Kentucky, Tennesee and Texas from Vinland Energy.

Utility, Clean Energy Company Allete to Go Private in $6.2B Deal

The Minnesota-based utility said on May 6 it agreed to be acquired by a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners.

IOG Resources Acquires Interests from Civitas

IOG Resources acquired interests in the Denver-Julesburg Basin from Civitas Resources.

Exxon Shale Exec Details Plans for Pioneer’s Acreage, 4-mile Laterals

Exxon Mobil plans to drill longer, more capital efficient wells in the Midland Basin after a major boost from the $60 billion Pioneer Natural Resources acquisition. Data shows that Exxon is a leading operator drilling 4-mile laterals in the Permian’s Delaware Basin.

Infrastructure Company Savage Acquires Houston’s Texon

Texon, a midstream service provider, will continue operations under its legacy brand.

Antero Midstream Buys Summit Midstream Assets in $70M Deal

The deal by Antero Midstream strengthens Antero Resources’ gathering and compression in Marcellus Shale.