Acquisitions & Divestitures - News

SSE To Sell Stake In Stronelairg, Dunmaglass Wind Farms In Scotland

The move is part of SSE’s wider strategy to focus on its core businesses of regulated networks, renewables, flexible thermal generation and business energy sales, the company said.

February 1, 2019

Marketed: Anschutz Exploration Overriding Royalty Interest Across Six States

Anschutz Exploration retained EnergyNet for the sale of overriding royalty interest across Montana, North Dakota, New York, Oklahoma, Texas and Wyoming.

February 1, 2019

Weir Group Reportedly Close To Selling Unit For About $390 Million

Weir Group is close to selling a unit, which supplies pumps and valves to power and oil and gas industries, a source with knowledge of the matter told Reuters.

January 31, 2019

Marketed: Maverick Natural Resources Permian Basin Assets In Lea County, New Mexico

Breitburn Operating, a subsidiary of Maverick Natural Resources, retained EnergyNet for the sale of Permian Basin assets in Lea County, N.M.

January 31, 2019

Britain Auctions 300 Million-Barrel Offshore Oil Field

Britain’s Oil and Gas Authority has launched an offshore licensing round for the Greater Buchan Area located in the North Sea.

January 31, 2019

Chevron To Buy Pasadena Refinery From Petrobras For $350 Million

Chevron, which reported an increase in shale production in the third quarter, has said it wants a second Gulf Coast facility to handle that crude and better supply its retail gasoline network.

January 31, 2019

Marketed: Operated, Producing Gulf Coast Basin Asset

Five-JAB Inc. and Pete's Lease LLC retained EnergyNet for the sale of an operated Gulf Coast Basin asset plus HBP leasehold acreage through an auction.

January 31, 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

Marketed: Millennial Energy Partners Core Stack Minerals

Millennial Energy Partners retained Detring Energy Advisors for the sale of its oil and gas mineral and royalty interests located in the core Stack play in Oklahoma.

January 29, 2019

Lundin Petroleum Boosts Utsira High Position In Norwegian Continental Shelf

Lundin Petroleum agreed to acquire Lime Petroleum’s entire Utsira High acreage position covering the Rolvsnes and Goddo basement area for roughly US$45 million.

January 28, 2019

Marketed: Overland Oil & Gas Bakken/Three Forks Producing Minerals

Affiliates of Overland Oil & Gas retained EnergyNet for the sale of two packages of Bakken and Three Forks assets in Mountrail County, North Dakota.

January 28, 2019

Medco Energi's Deadline For Ophir Takeover Extended

Indonesian oil and gas group Medco Energi got an extension to Jan. 31 to make a firm takeover offer for Ophir Energy or walk away.

January 28, 2019

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