Acquisitions & Divestitures - Joint Ventures


Emerald Oil Enters Agreement With Koch

Emerald said Aug. 3 it has an agreement worth about $24.4 million with a subsidiary of Koch Industries and is also working on a midstream JV in the Williston Basin. 

Darren Barbee
Mon, 08/03/2015 - 10:34

New Twists On An Old Structure

Drill-to-earn JVs have benefits, but investors should keep in mind these caveats.

Sat, 08/01/2015 - 15:31

Lonestar Resources Nets $100 Million Eagle Ford JV

The Fort Worth, Texas, company will be able to drill while hunting down more acquisitions—and without taking a major hit to its balance sheet.

Thu, 07/30/2015 - 09:05

Kinder Morgan Buys Shell's Stake In Georgia LNG Project

The reasons for the sale weren't disclosed, but in April, Shell said it was buying BG Group Plc, which has a global portfolio of LNG, for about $70 billion.

Thu, 07/16/2015 - 12:05

Hess Closes Sale, Establishes $5.35B Bakken Midstream JV

Midstream assets included in the joint venture include a natural gas processing plant in Tioga, N.D. Hess Infrastructure will make an IPO of Hess Midstream Partners LP common units.

Thu, 07/02/2015 - 11:46

Alpha Natural Resources Subsidiary Consolidates Marcellus JV Ownership

Pennsylvania Services Corp. will be sole owner and operator of joint venture that supports a concentrated gas resource in Greene County, Pa., in “core of the core” of the Marcellus.

Thu, 07/02/2015 - 10:23

Meritage, NGL Energy JV Opens Up Powder River Opportunities

The partnership could serve as a launching point for continued growth in the region, analyst says.

Mon, 06/29/2015 - 15:20

Blue Water, Viscos Form Sludge To Oil JV Company

Oilfield technologies company Blue Water Petroleum Corp. signed a letter of intent with Viscos Energy Partners to form STO (Sludge to Oil) to operate Viscos’ oil sludge remediation, upgrading system.

Fri, 06/26/2015 - 14:53

JVSA Serves Growing Global JV Needs

JVSA will provide JV management, JV auditing, contract and agreement management, vendor compliance and dispute resolution services at offices in Houston and Calgary, Alberta, said PKF Texas, an advisory firm.

Fri, 06/26/2015 - 10:08

Hess Unlocks Value Of Bakken Midstream Assets With JV

Hess is selling half of its Bakken midstream assets in a joint venture deal with Global Infrastructure Partners that will form a premier midstream company valued at $5.35 billion.

Emily Moser
Thu, 06/11/2015 - 13:53

Matador Wraps Up Delaware Basin Joint Ventures

Following the acquisitions, the company said its acreage position in the Permian Basin in southeast New Mexico and West Texas increased to about 155,500 gross acres.

Tue, 06/09/2015 - 08:17

Unconventionals-Focused Springbok Teams With NGP

Springbok’s new fund, focused on mineral and royalty interests in mature and emerging unconventional U.S. plays, will invest in a new partnership with Natural Gas Partners.

Fri, 05/29/2015 - 08:07