This is your Hart Energy LIVE A&D Minute, powered by the sixth annual Influential Women in Energy Networking Luncheon event on Feb. 7 in Houston.
Northern Oil and Gas has been on a roll since early December and claims to have set the stage for substantial growth in 2023, even with lower commodity prices after closing three transactions for nearly $650 million, with the latest being an upsized deal in the Midland Basin’s Mascot Project.
Word on the street is that a Tokyo Gas subsidiary is in advanced talks to buy U.S. natural gas producer Rockcliff Energy from private equity firm Quantum Energy Partners for about $4.6 billion, including debt.
And Chord Energy, which primarily operates in the Williston Basin, is selling off more than 46,000 acres across the U.S. Click here to see where. The package offers 46 new drill development opportunities and 1,660 wells with about a quarter of them operated.
That’s your Hart Energy LIVE A&D Minute, powered by the Influential Women in Energy Luncheon Gala. Save your seat Feb. 7 for the premier women’s event of the year in Houston.
Watch new A&D Minute episodes every Wednesday, and sign up for our A&D Watch newsletter at hartenergy.com/deals.
Recommended Reading
Marketed: KJ Energy Operated Portfolio in East Texas
2024-04-16 - KJ Energy has retained TenOaks Energy Advisors for the sale of its operated portfolio located in East Texas.
Ithaca Energy to Buy Eni's UK Assets in $938MM North Sea Deal
2024-04-23 - Eni, one of Italy's biggest energy companies, will transfer its U.K. business in exchange for 38.5% of Ithaca's share capital, while the existing Ithaca Energy shareholders will own the remaining 61.5% of the combined group.
Triangle Energy, JV Set to Drill in North Perth Basin
2024-04-18 - The Booth-1 prospect is planned to be the first well in the joint venture’s —Triangle Energy, Strike Energy and New Zealand Oil and Gas — upcoming drilling campaign.
EIG’s MidOcean Closes Purchase of 20% Stake in Peru LNG
2024-04-23 - MidOcean Energy’s deal for SK Earthon’s Peru LNG follows a March deal to purchase Tokyo Gas’ LNG interests in Australia.
Equinor Acquires Stake in Standard Lithium Smackover Projects
2024-05-08 - Equinor’s transaction, completed effective May 7, includes interests in Standard Lithium’s flagship South West Arkansas Project and East Texas properties.