Acquisitions & Divestitures - Exclusives

HEADLINES: Dealing Diamondback Does It Again

Midland-based Diamondback Energy has announced more than $10 billion in acquisitions in a week. Also, Exxon Mobil leads high bidders in U.S. Gulf of Mexico lease sale.

August 16, 2018

US GoM Lease Sale Nets More Than $178 Million In High Bids

Preliminary sale statistics show 29 companies placed 171 bids on 144 blocks in the U.S. GoM.

August 15, 2018

Diamondback To Acquire Energen In $9.2 Billion All-Stock Deal

The transaction comes days after Diamondback Energy said it would add to its Northern Midland position with the roughly $1.25 billion cash-and-stock purchase of Ajax Resources.

August 14, 2018

Carrizo Acquires Devon Acreage In Delaware Basin For $215 Million

Carrizo now has 46,000 net acres in the Delaware Basin including 26,300 net acres in its Phantom area.

August 14, 2018

E&P Deal Flow Dilemma

The change in investor sentiment has in turn altered how private-equity sponsors and portfolio companies exit.

August 14, 2018

Will More Oil Companies Jump Into GoM Action?

As the next U.S. Gulf of Mexico lease sale nears, analysts believe there could be a slight increase in bidding activity.

August 13, 2018

HEADLINES: Permian Deals Dominate Week

In China, tariff rhetoric kept heating up, this time over LNG with the country threatening a 25% tariff on U.S. imports.

August 9, 2018

Apache, Kayne Anderson Form Partnership, New Midstream Company

Altus Midstream will open with a market value of $3.5 billion as it becomes a power player in the Permian Basin.

August 8, 2018

Diamondback To Acquire Ajax Resources For $1.2 Billion

Diamondback Energy will add top-tier horizontal drilling locations across three zones in the Northern Midland Basin to its portfolio as part of the Ajax acquisition.

August 8, 2018

Executive Q&A: Ascent In The Utica

CEO Jeff Fisher is turning a vision into reality for Ascent Resources in Ohio’s Utica Shale.

August 8, 2018

By Winning BHP Shale Sweepstakes, BP Adds Oil, Debt, Risk

Analysts still question possible risks associated with BP’s agreement to acquire most of BHP’s prized U.S. shale assets despite the deal being considered transformational for the British oil major.

August 7, 2018

Kosmos To Enter US GoM With Deep Gulf Energy Acquisition

Kosmos CEO Andrew Inglis said he believes a huge opportunity has opened in the U.S. Gulf of Mexico as many competitors leave the region for onshore shale.

August 6, 2018

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