Acquisitions & Divestitures - Exclusives

Sanchez Clears Out Of Eagle Ford’s Javelina Asset In $105 Million Sale

The company rapidly assembled the roughly 70,000-net-acre Eagle Ford field as an upside bet on dry gas for LNG and Mexico exports.

August 18, 2017

NAPE: Chevron Looks To Make Deals In Permian

The company has identified up to 200,000 acres in the Midland and Delaware sub-basins for transactions in 2017-2018.

August 18, 2017

Exco’s $300 Million Eagle Ford Deal Unravels

The company appears to be financially challenged after a prolonged slump in oil prices.

August 17, 2017

Stack Behemoth: Silver Run, Alta Mesa, Kingfisher Form $3.8 Billion Pure Play

With 120,000 net acres and an estimated 4,200 locations, the new company also meshes with Kingfisher Midstream to offer a potential spinoff IPO for development cash.

August 17, 2017

EnerCom: WPX Markets San Juan Basin; Gears Up To Storm Delaware Basin

WPX has added midstream JVs, sand contracts and acquired 18,000 Permian acres while working out the complexity of its Delaware Basin acreage.

August 16, 2017

US GoM Lease Sale Brings In $121 Million In High Bids

Statistics from the Aug. 16 sale show 27 companies participated and submitted 99 bids on 90 tracts. Total E&P USA submitted the highest single bid at $12.1 million.

August 16, 2017

EnerCom: Whiting Parts With Chunk Of Williston Core For $500 Million

After a rocky second-quarter performance, the company cut its capex but still faces an outspend of at least $300 million.

August 15, 2017

Oilfield Services Sector Continues Consolidation With Nabors-Tesco Merger

Nabors’ roughly $216 million acquisition of Tesco is ‘rare win-win in oil patch consolidation,’ analyst says.

August 15, 2017

Cowen: E&Ps Could Fund Outspend With Midstream Divestitures

Refiners are likely buyers of midstream assets if cash-strapped E&Ps decide to divest, Cowen says in a report.

August 15, 2017

EnerCom: Sanchez, Range, Jagged Peak CEOs Talk A&D Hiccups

The Permian Basin, Eagle Ford and Marcellus shales all have opportunities and, in some cases, deep pitfalls.

August 14, 2017

Rockcliff Pushes Haynesville Shale Boundaries In Second August Deal

Rockcliff’s Haynesville Shale acreage will expand to 180,000 net acres following the close of two deals announced in August.

August 14, 2017

Concho Pays $600 Million To Extend Midland Basin Laterals

The company will keep capex steady despite adding 12,400 net acres but its forecast for oil production underwhelmed analysts.

August 10, 2017