Acquisitions & Divestitures - Exclusives

Drillinginfo To Be Acquired By PE Firm Genstar Capital

The acquisition by Genstar follows Drillinginfo’s recent addition of transaction-tracking businesses 1Derrick and PLS to its offerings.

June 19, 2018

Cox Oil To Acquire Energy XXI Gulf Coast For $322 Million

Energy XXI said it will terminate its previously announced partnership with Orinoco Natural Resources as a result of the Cox Oil transaction.

June 18, 2018

HEADLINES: Saudi Energy Minister Calls OPEC Output Boost ‘Inevitable’

Also this week, Phillips 66 to expand Texas NGL project. Meanwhile, Exxon Mobil and Plains pursue Permian pipeline JV and Pioneer sells Colorado assets.

June 14, 2018

DGO Unveils $575 Million Acquisition Of Appalachia Assets

The proposed acquisition is expected to more than double DGO’s daily production from legacy gas wells in the Appalachian Basin.

June 14, 2018

Pioneer Exits Colorado’s Raton Basin For $79 Million

Pioneer Natural Resources continues to sell assets as it moves toward becoming a Midland Basin pure-play.

June 13, 2018

Lilis Energy Zeros In On Delaware Core With Acreage Swap

The Delaware Basin acreage trade will also increase Lilis’ current net production, bringing it closer to achieving its year-end target earlier than expected.

June 11, 2018

Enduro Gathers Bids For Permian, Williston, Haynesville

Enduro lined up four stalking-horse bidders—the most recent being Comstock—after a prior reorganization failed to remedy its financial woes.

June 8, 2018

HEADLINES: EnLink Exec On Devon Deal, Working With GIP

Also this week, FourPoint and Double Eagle Energy are joining forces to form a pure-play Midland Basin company.

June 7, 2018

Devon To Surpass $5 Billion Divestiture Goal With EnLink Midstream Sale

In conjunction with the sale, Devon’s board has increased the size of the company’s share-repurchase authorization to $4 billion.

June 6, 2018

FourPoint, Double Eagle To Form Midland Basin Pure-Play

George Solich’s FourPoint will join forces with Double Eagle to form DoublePoint with more than 70,000 acres in the core of the Midland Basin.

June 5, 2018

Minerals A&D Rockets Past $1.2 Billion In One Week

Minerals dealmaking this past week includes Kimbell’s Haymaker transformation and the formation of a first-of-its-kind Eagle Ford minerals company.

June 5, 2018

Presidio Petroleum Acquires Midstates’ Western Anadarko Assets

Midstates Petroleum announced the sale earlier this year with proceeds of $58 million earmarked to pay down debt.

June 1, 2018