Acquisitions & Divestitures - News
Jalapeño Corp. retained EnergyNet as its exclusive adviser to market their interest within the Permian Basin located in Eddy and Lea counties, N.M.
Shell committed to the ambitious three-year sale plan following the decision to acquire BG Group in 2015 and the latest announcements bring its total asset sales to around $27 billion.
Including the marine products transaction, American Midstream has sold more than $500 million worth of noncore assets since 2017.
Canadian oil and gas producer Baytex Energy said it would buy rival Raging River Exploration for about C$2.8 billion (US$2.13 billion) to expand in the oil-rich Duvernay Field in Alberta.
Kings Peak Energy retained Meagher Energy Advisors to sell its Green River Basin producing properties in Summit County, Utah, and Uinta County, Wyo.
Activist investor Carl Icahn, who had offered to buy SandRidge in April, added two more nominees to his board slate in May, demanding more influence.
Titan Energy has retained Detring to sell its Arkoma Basin producing properties, gathering system and leasehold located throughout Eastern Oklahoma and Western Arkansas.
Blackbeard Operating has retained TenOaks Energy Advisors as its exclusive adviser in connection with its Ark-La-Tex regional exit.
Panhandle Oil & Gas retained Meagher Energy Advisors to sell Delaware Basin minerals in Eddy and Lea counties, N.M.
Infinity Oil & Gas retained EnergyNet to sell its option to participate, on a well-by-well basis, in the Denver-Julesburg Basin through a sealed-bid offering.
Austin, Texas-based Drillingingo said it expects the acquisition of 1Derrick and PLS' research and database business to expand its market analysis and deal valuation products.
Coachman Energy retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of certain operated assets in Kansas, Nebraska and Colorado.