Acquisitions & Divestitures - News
Wexpro retained EnergyNet for the sale of certain oil and gas properties and related assets located in the South Moxa Arch in Wyoming.
ExxonMobil Namibia, an affiliate of Exxon Mobil Corp., has entered an agreement with Namibian explorer Azinam Ltd. to acquire a 30% interest in petroleum exploration license (PEL) 44 offshore Namibia, according to a news release.
Analysts with Tudor, Picking, Holt & Co. said Ensign’s proposed acquisition of Trinidad would create one of the largest North American land drillers with critical mass in many key international markets.
The acquisition included Apache’s 35% working interest in the Seagull development and a 50% working interest in the Isabella prospect, both operated by Apache North Sea.
An undisclosed company retained Meagher Energy Advisors to sell Midcontinent minerals spanning five core areas of development in Oklahoma.
S.T.L. Resources, an independent oil and gas company focused on Appalachian Basin assets, announced it recently closed on a strategic partnership with an affiliate of UGI Energy Services.
Centennial Resource Production retained EnergyNet to sell Permian Basin assets in Lea County, N.M., through a sealed-bid offering.
The sale process for Houston-based SDI began recently, said three sources who spoke on condition of anonymity as the information has not been made public.
An undisclosed seller retained Meagher Energy Advisors for the sale of mineral rights and well interests across the continental U.S.
Apache retained EnergyNet to sell non-producing leasehold acreage within the Mississippian play and Woodford Shale in western Oklahoma through a sealed-bid offering.
Offshore wind provider Ørsted has entered an agreement with global infrastructure investment manager I Squared Capital and management shareholders to acquire a 100% equity interest in onshore wind developer Lincoln Clean Energy LLC (LCE), according to a news release.