Acquisitions & Divestitures - Exclusives
Canyon Creek CEO Luke Essman said the JV partnership with Pivotal Petroleum Partners signals a renewed interest in the Arkoma.
Pure Acquisition, led by Jack D. Hightower, is the latest blank-check company to emerge with an industry veteran at its helm.
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.
The turnaround of Breitburn, which encountered many hurdles during its two-year Chapter 11 bankruptcy, indicates ‘better times in the energy industry.’
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.
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.
Alta Mesa Resources Inc. didn’t wait for its $3.8 billion-combination to close for it to press ahead in the Stack play.
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.
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.
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.
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.
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.