Acquisitions & Divestitures - Exclusives

Range Sells Interest In Prized Marcellus Leases For $300 Million

Range agreed to sell overriding royalty interest in leases where the company pioneered the Marcellus Shale in Washington County, Pa.

October 15, 2018

Nine Expands With $493 Million Magnum Oil Tools Acquisition

Analysts expect the acquisition of Magnum—the number two player in dissolvable frack plugs—to give Nine Energy Service ‘incremental exposure’ to the downhole tools market.

October 15, 2018

HEADLINES: Hurricane Michael’s Effect On Oil, Gas Production

Plus, Exxon Mobil donates to a PAC promoting U.S. carbon tax, offshore drillers Ensco and Rowan agree to merge and Chevron exits Norway.

October 11, 2018

DGO Continues Appalachia Buildout With $183 Million Acquisition

Diversified Gas & Oil, known as DGO, said it acquired Core Appalachia Holding, a conventional producer and processor of natural gas in the southern Appalachian Basin.

October 11, 2018

Antero To Simplify Midstream In ‘Win-Win-Win’ Transaction

Antero Midstream is set to combine with its general partner and emerge as a C-corp entity under a new moniker.

October 9, 2018

A&D Strategies: Private Operators Ready To Seize Opportunities For Deals

Even transactions that seem transparently well-conceived are facing harsh investor reactions, leading private operators to conclude that someone else—like themselves—will have to step up when opportunities emerge.

October 9, 2018

Earthstone Targets Acreage Trades To Boost Permian Laterals

Analysts estimate Earthstone tacked on a net increase of 2,677 acres to its position in the Midland Basin for less than $6,000 per acre.

October 8, 2018

Offshore Drillers Ensco, Rowan To Combine In $2.4 Billion Merger

The merger of offshore drillers Ensco and Rowan will result in the world’s largest jackup contractor with a combined enterprise value of $12 billion.

October 8, 2018

HEADLINES: Canada's LNG Outlook Gets Boost; Exxon Mobil Reportedly Shopping GoM Assets

Canada's energy industry got a boost this week from an LNG project FID. Plus Encana exits the San Juan Basin, Husky makes a play for MEG Energy and reports that Exxon Mobil is exploring the sale of its Gulf of Mexico assets.

October 4, 2018

Bright Spot: Meet Apollo Global Management’s Daniel Vogel

Daniel Vogel, managing director of Apollo Global Management, spoke with Oil and Gas Investor about his career and what he thinks about the deal market today.

October 4, 2018

Encana Sells San Juan Assets To DJR Energy For $480 Million

DJR Energy agreed to acquire Encana’s San Juan position, which includes about 182,000 net acres and 5,400 boe/d of production in northern New Mexico.

October 1, 2018

Take BLM’s Auction ‘As Is’

The bidding began unceremoniously at the suggested $2 per acre, the pop of a firecracker as heavy artillery moved within range.

October 1, 2018

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