Articles tagged Mergers and Acquisitions

Whitehawk Energy LLC announced it closed on the acquisition of mineral and royalty interests in the Marcellus Shale spanning about 435,000 gross unit acres.

Permian Basin heavyweight Diamondback Energy Inc. is adding 3,727 mineral and royalty acres to its portfolio in transactions estimated to be worth more than $1 billion.

APA Corp. is selling natural gas and oil properties in the Permian Basin for $950 million to high grade and focus on the U.S. asset base, CEO John J. Christmann Jr. said.

Integrated energy major ExxonMobil is seeing bottom-line gains by simplifying and standardizing operations, a strategy that should continue to benefit the global natural gas and oil operations, CEO Darren Woods said Friday.

Natural gas-focused mergers and acquisitions (M&A) among upstream North American firms have slowed amid a historic slump in gas prices, according to a new analysis by Enverus Intelligence Research (EIR).

North American upstream activity remained sluggish through the first half of the year, with little optimism things would change before 2025, according to an industry survey.

Lower 48 stalwart Devon Energy Corp. has taken a leap into the super-charged acquisition game, with a goal to triple its Williston Basin production, by snapping up private equity-backed Grayson Mill Energy LLC in a $5 billion cash-and-stock takeover.

Far from the madding crowd in the Permian Basin and Eagle Ford Shale, SM Energy Co. and Northern Oil and Gas Inc. (NOG) on Thursday snapped up a package of assets in Utah’s Uinta Basin for $2.55 billion.

Dealmaking among U.S. natural gas and oil operators is showing few signs of slowing, as consolidation is giving rise to the question of how long the industry revamp would continue.

Shell plc is making good on ambitions to expand its global LNG business with an agreement to acquire Pavilion Energy Pte. Ltd. – and its 6.5 million metric tons/year (mmty) of contracted supply.