Acquisitions & Divestitures - Mergers & Acquisitions

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.

Emily Moser

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.

Emily Moser

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.

Erin Pedigo

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.

Emily Moser

Chesapeake Washes Its Hands Of Barnett, Gains Fewer Expenses

Chesapeake entered the shale boom in the Barnett on its way to becoming the second-largest natural gas driller in the U.S. 

Darren Barbee

Charif Souki, Martin Houston's Tellurian To Merge With Magellan

The Denver company said it entered a definitive merger agreement with Tellurian Investments Inc. to acquire the private company headed by former executives of Cheniere Energy and BG Group for an undisclosed amount.

Emily Moser

Antero’s Journey To The Core Of Marcellus Adds Statoil Interests

In June, Antero purchased 55,000 net acres from Southwestern Energy and will now buy Statoil’s interests in the same acreage.

Darren Barbee

California's Royale Energy, Matrix Oil To Merge In $42 Million Deal

At closing, the combined company is estimated to have production of 650 boe/d from assets in California's Sacramento, San Joaquin and Los Angeles basins and West Texas' Permian Basin.

Emily Moser

M&A Deals Jump In Volume, Fall In Value

Smaller upstream M&A transactions drive overall rise in second-quarter 2016, but midstream deals topple from perch, PwC report says.


ExxonMobil To Acquire InterOil For More Than $2.5 Billion

InterOil owns a 36.5% stake in the gas-rich Elk-Antelope field in Papua New Guinea, which is expected to be the main source for ExxonMobil's proposed Papua LNG project.

Emily Moser

U.S. Silica Buys New Grit In Texas

The company has inked two deals in 2016 and says it has more opportunities it is exploring as it expands during the downturn.

Darren Barbee

ExxonMobil Reportedly Tops Oil Search's Bid For InterOil

According to a presentation filed with the U.S. Securities and Exchange Commission on July 12, InterOil received three proposals, including Oil Search's, to sell the entire company during its initial sale process.

Emily Moser