Acquisitions & Divestitures - Mergers & Acquisitions

TransCanada's Columbia Pipeline Offers To Buy MLP For $848 Million

TransCanada, which completed its $10.3 billion takeover of Columbia Pipeline Group in July, had said it was reviewing strategic alternatives for MLP holdings, including Columbia Pipeline Partners.


Range Resources Closes $4.2 Billion Merger With Memorial

The value of the all-stock transaction, which included the assumption of Memorial Resource's debt, was about $200 million less than originally reported when the deal was announced May 16.


Clariant To Buy Permian-Focused Oilfield Service Companies

Clariant is buying Kel-Tech Inc. of Midland, Texas, from private equity firm Arsenal Capital Partners and Irving, Texas-based X-Chem LLC from NCH Corp., with the deal to be completed on Oct. 1.


Canadian Energy Asset Sales Could Pick Up In Coming Months

Large- and mid-sized energy companies with the resources to buy assets, as well as private-equity firms, have mostly shown restraint despite the drop in oil prices, Reuters reported. 


Enterprise Products Withdraws Takeover Bid For Williams

Enterprise Product Partners' approach came after Energy Transfer Equity LP terminated its merger agreement with Williams in June after a prolonged legal battle, Reuters reported.


Enbridge Swallows Spectra To Create Midstream Monarch

Enbridge’s purchase of Spectra creates segment’s largest company, with market cap of nearly $70 billion.


EOG Resources Announces $2.5 Billion Takeover Of Yates Petroleum

Update: "Bolt-on" Yates controls 1.6 million acres in the U.S., including lucrative Permian Basin holdings, EOG said.


Canada's Twin Butte Debtholders Reject Proposed Takeover Deal

Twin Butte Energy debenture holders voted to reject a takeover bid by Hong Kong's privately held Reignwood Resources Holding on Aug. 29, throwing the cash-strapped Canadian oil and gas producer's financial future into uncertainty.


PDC Energy Enters Delaware Basin For $1.5 Billion

The deal, which adds a second core operating area to PDC's portfolio, consists of about 57,000 net acres in Reeves and Culberson counties in West Texas.


Notes From Denver: Is The Permian Fueling An M&A Bubble?

Fresh from recent Permian deal making, WPX Energy and QEP Resources have both signaled their intent to continue hunting for acquisitions.


Marquee Energy, Alberta Oilsands Will Merge Through Agreement

The combined company will be known as Marquee Energy Ltd., and will provide shareholders exposure to a dominant land position in the Michichi oil fairway, with 2,600 barrels of oil per day of production.


Enterprise Products Reportedly Approached Williams Over Acquisition

Enterprise's approach came after peer Energy Transfer Equity  terminated its merger agreement with Williams in June after a prolonged legal battle.