Acquisitions & Divestitures - Exclusives

Canyon Creek Forms JV To Accelerate Arkoma Stack Drilling

Canyon Creek CEO Luke Essman said the JV partnership with Pivotal Petroleum Partners signals a renewed interest in the Arkoma.

April 20, 2018

Latest Blank-Check Company Completes Upsized $414 Million IPO

Pure Acquisition, led by Jack D. Hightower, is the latest blank-check company to emerge with an industry veteran at its helm.

April 18, 2018

Tellurian's Howie: Haynesville-Bossier Gas Output Is Sufficient

John Howie, senior vice president of upstream for Tellurian, recently sat down with Hart Energy's Jessica Morales to discuss the company's business model and plans for future acquisitions.

April 17, 2018

Breitburn Bankruptcy Exit Sign Energy Industry Is Rebounding

The turnaround of Breitburn, which encountered many hurdles during its two-year Chapter 11 bankruptcy, indicates ‘better times in the energy industry.’

April 16, 2018

Cobalt’s US Gulf Of Mexico Bankruptcy Auction Pulls In $578 Million

The largest winning bid was a $339 million joint offer by Statoil and Total for Cobalt’s 60% operated interest in the North Platte discovery.

April 11, 2018

Steve Chazen On Deals: The Virtues Of ‘Cake And Icing’

In an interview with Hart Energy, Steven Chazen, former CEO of Oxy, said his $2.66 billion Eagle Ford deal with EnerVest is designed to make money and survive the “bad times” with a program that can make money at $40 oil prices.

April 9, 2018

View From The Top: Money, Midstream & Alta Mesa

Alta Mesa Resources Inc. didn’t wait for its $3.8 billion-combination to close for it to press ahead in the Stack play.

April 6, 2018

Broad Oak Sells Permian Assets For $400 Million To Triple Crown Resources

Broad Oak Energy II sold for at least $400 million. Its assets include 25,000 net acres in Irion County, Texas, with 2017 production averaging nearly 10,300 boe/d.

April 5, 2018

DGO’s Appalachia A&D Strategy: Predictable Equals Profitable

Diversified Gas & Oil targets conventional legacy Appalachian wells to increase production and lower overhead—while spending less annual capex than the cost of a single Permian well.

April 4, 2018

SM Energy Transitions To Pure-Play Texas Company With $292 Million Asset Sales

The asset sales include the divestiture of about 119,400 net acres in Divide County, N.D., marking the Denver-based oil and gas producer's exit from the Williston Basin.

April 4, 2018

Scrimmage Line: Comstock Sells Eagle Ford; Picks Up Cowboys Owner’s Cash

Dallas Cowboys owner Jerry Jones will invest $75 million in Comstock, but analysts throw down a penalty flag on Comstock’s Eagle Ford Shale divestiture and dilutive refinancing efforts.

April 3, 2018

Diving Deeper?

The most interesting part of Noble Energy Inc.’s February agreement to sell its sprawling Gulf of Mexico (GoM) assets, where it has explored and worked since 1968, is that its buyer is broke.

April 2, 2018