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.

2016/09/26

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.

2016/09/19

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.

2016/09/14

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. 

2016/09/13

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.

2016/09/08

Enbridge Swallows Spectra To Create Midstream Monarch

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

2016/09/06

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.

2016/09/06

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.

2016/08/30

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.

2016/08/23

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.

2016/08/22

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.

2016/08/19

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.

2016/08/19

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