Acquisitions & Divestitures

Canada's Baytex To Buy Oil Producer Raging River For C$2.8 Billion

Canadian oil and gas producer Baytex Energy said it would buy rival Raging River Exploration for about C$2.8 billion (US$2.13 billion) to expand in the oil-rich Duvernay Field in Alberta.

7:50 am
Pioneer Exits Colorado’s Raton Basin For $79 Million

Pioneer Exits Colorado’s Raton Basin For $79 Million

Pioneer Natural Resources continues to sell assets as it moves toward becoming a Midland Basin pure-play.

June 13, 2018

Samson Resources II Acquires Green River Acreage, Associated Production

Samson Resources II acquired the Green River acreage and working interest in its core operating area from a nonoperating working interest partner for $15.9 million.

June 12, 2018

Canadian Drilling Firms Akita, Xtreme To Merge

The combined company will operate under the Akita name and have a fleet of 44 high-spec drilling rigs with operations in several major resource basins in the U.S. and Canada.

June 11, 2018
Lilis Energy Zeros In On Delaware Core With Acreage Swap

Lilis Energy Zeros In On Delaware Core With Acreage Swap

The Delaware Basin acreage trade will also increase Lilis’ current net production, bringing it closer to achieving its year-end target earlier than expected.

June 11, 2018

Solaris Water Grows Delaware Basin System With Acquisition, Expansion

Solaris Water acquired assets from family-owned Vision Resources located in areas that it says strategically complement the company’s Pecos Star System in the Delaware Basin.

June 8, 2018
Enduro Gathers Bids For Permian, Williston, Haynesville

Enduro Gathers Bids For Permian, Williston, Haynesville

Enduro lined up four stalking-horse bidders—the most recent being Comstock—after a prior reorganization failed to remedy its financial woes.

June 8, 2018
Devon To Surpass $5 Billion Divestiture Goal With EnLink Midstream Sale

Devon To Surpass $5 Billion Divestiture Goal With EnLink Midstream Sale

In conjunction with the sale, Devon’s board has increased the size of the company’s share-repurchase authorization to $4 billion.

June 6, 2018
FourPoint, Double Eagle To Form Midland Basin Pure-Play

FourPoint, Double Eagle To Form Midland Basin Pure-Play

George Solich’s FourPoint will join forces with Double Eagle to form DoublePoint with more than 70,000 acres in the core of the Midland Basin.

June 5, 2018
Minerals A&D Rockets Past $1.2 Billion In One Week

Minerals A&D Rockets Past $1.2 Billion In One Week

Minerals dealmaking this past week includes Kimbell’s Haymaker transformation and the formation of a first-of-its-kind Eagle Ford minerals company.

June 5, 2018

Venado To Buy Eagle Ford Producer Texas American From First Reserve

First Reserve originally invested in Texas American in December 2016 to support the company's pursuit of oil development opportunities in the Eagle Ford Shale in South Texas.

June 4, 2018

Questerre Settles Lawsuit; Consolidates Quebec Position

Questerre Energy reported on June 4 that it has executed a letter of intent with a senior E&P company to settle outstanding litigation and...

June 4, 2018

Pages