Acquisitions & Divestitures - Mergers & Acquisitions

Chesapeake Energy Closes Nearly $4 Billion Acquisition Of Eagle Ford Producer WildHorse

Chesapeake Energy completed its acquisition of WildHorse Resource Development Corp. on Feb. 1, creating an Eagle Ford oil producing powerhouse.

February 1, 2019

Ophir Energy Agrees To $511 Million Takeover Offer By Medco

Ophir Energy agreed to be bought out by Indonesian oil and gas group Medco Energi for a sweetened bid of 390.6 million pounds (US$511.02 million) in cash.

January 30, 2019

King & Spalding Adds Alan Noskow As Corporate Partner In D.C.

King & Spalding on Jan. 29 announced that Alan Noskow has joined as a partner in the firm’s Corporate, Finance and Investments practice group in the Washington, D.C. office.

January 29, 2019

Exxon Mobil Addresses License To Operate Amidst Permian Basin Growth

As XTO Energy, Exxon Mobil’s subsidiary, grows production in the Permian Basin, it is also working to address water, emissions and quality of life concerns in the region.

January 25, 2019

Ophir Energy Rejects Medco's $437 Million Takeover Offer

Ophir Energy rejected Indonesian oil and gas group Medco Energi's potential takeover offer, saying it "undervalues" the British oil and gas company.

January 14, 2019

Medco Energi Could Offer Roughly $436 Million For Britain's Ophir

Medco said shareholders of Ophir, an upstream oil and gas exploration and production company focused on Asia and Africa, would receive 48.5 pence in cash for each Ophir share.

January 11, 2019

DNO Raises Faroe Petroleum Bid To $816 Million

Norwegian oil company DNO raised its bid for Britain's Faroe Petroleum after its hostile bid in November as inadequate and "opportunistic."

January 8, 2019

Canyon Capital Advisors Warns It Will Oppose Rowan Sale To Ensco

Canyon Capital Advisors has warned it would vote against the sale of Rowan to rival Ensco, casting doubt on a combination that had signaled optimism about the future of offshore exploration.

January 7, 2019

QEP Resources Receives $2 Billion Takeover Offer From Elliott Management

Activist investor Elliott Management offered to buy oil and gas producer QEP Resources in an all-cash deal valued at $2.07 billion, saying that the company is "deeply undervalued."

January 7, 2019

DNO Adds To Faroe Petroleum Stake In Hostile Takeover Saga

DNO's combined ownership and bid acceptances now stands at 43.8%, up from about 43% but still short of a controlling stake in British independent oil and gas company Faroe Petroleum.

January 4, 2019

Frozen Out: M&A In The Ice Age

Publicly held E&Ps are settling in for a long cold spell, lest they be burned. Forego deals for fear of shareholder reprisal? Or press ahead despite market backlash?

January 3, 2019

DNO Requires Fewer Faroe Shareholders To Back Takeover Bid

DNO had previously required the backing of 57.5% of Faroe shareholders for the takeover offer, but that fell to 50% after DNO lifted its stake in the U.K. company slightly on Jan. 3.

January 3, 2019