Acquisitions & Divestitures - Exclusives

Noble Upgrades Delaware Acreage With Clayton Williams Deal

Noble’s purchase of Clayton Williams will address inventory concerns with the addition of 2,400 locations in the Delaware core.

Jan 17 2017 - 2:45pm

ExxonMobil Steps Up Shale Story With $6.6 Billion Delaware Deal

The acquisition is expected to add 3.4 Bboe, bringing ExxonMobil’s Permian resource base to 6 Bboe, the company said.

Jan 17 2017 - 8:40am

Anadarko Petroleum’s $2.3 Billion Deal With Sanchez Tilts Eagle Ford Balance

Sanchez and private-equity company Blackstone Energy will pay in equally for 155,000 net acres in the Eagle Ford while Anadarko looks to spend in the D-J and Permian basins.

Jan 13 2017 - 7:30am

Synergy Heads Off Budget Busting With Wattenberg Acreage Sale

The company increased its available liquidity to about $200 million through the sale of 10,000 acres, about roughly 6% of its production.

Jan 12 2017 - 4:53pm

WPX Hooks $775 Million Bolt-On In Delaware Basin

The bolt-on will increase WPX’s Permian operations to more than 120,000 net acres and deepen its drilling inventory in the Delaware Basin. (Updated 2:37 p.m. CT Jan. 13)

Jan 12 2017 - 3:35pm

SM Energy Marketing Bakken Core As Focus Shifts To Texas

The company’s Divide County, N.D., assets could command more than $600 million, analysts said.

Jan 12 2017 - 10:41am

Alta Mesa Boosts Stack Production In Deal With JV Partner

The company’s net production will increase by 4,000 boe/d to 17,600 boe/d, a 30% increase.

Jan 11 2017 - 11:58am

Parsley To Acquire 23,000 Net Midland, Delaware Acres

The Austin, Texas-based company added acreage adjacent to its existing Permian operating areas through multiple, unrelated transactions worth about $650 million. (Updated: 2:10 p.m. CT Jan. 11)

Jan 10 2017 - 4:00pm

Contango Buys More Delaware, But Holsters Spending To See Results

The company’s conservative approach puts about 80% of its $46 million capex into newly acquired Delaware leasehold. Well tests expected in February will further shape the budget.

Jan 10 2017 - 12:58pm

Comstock Resources Boosts Haynesville Acreage With JV

The arrangement gives Comstock the ability to continue expanding its footprint in the Haynesville while minimizing its upfront cash outlays, an analyst said.

Jan 9 2017 - 10:45am

A&D Predictions 2017: Deal Fads, Permian Fades And Eagle Ford Resurgence

Despite a depressed commodity market, transaction values increased 70% in 2016—but can they hold on if the Permian runs out of stock?

Jan 6 2017 - 3:05pm

Abraxas Shrugs Off Delaware Buyer’s Cold Feet

The acreage has already drawn renewed interest and the company’s strong results from its first Delaware test well are ‘extremely compelling,’ an analyst says.

Jan 5 2017 - 12:35pm

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