Acquisitions & Divestitures

SandPoint Resources Forms With Equity Commitment From Carnelian

SandPoint is a San Antonio, Texas-based independent oil and gas company with a management team that has a deep history in the acquisition and development of South Texas assets.

Oct 16 2018 - 3:35pm

Marketed: ConocoPhillips Operated Permian Properties, Ector County, Texas

ConocoPhillips retained EnergyNet to sell operated Permian Basin properties in Ector County, Texas, through a sealed-bid offering.

Oct 16 2018 - 7:50am

Range Sells Interest In Prized Marcellus Leases For $300 Million

Range agreed to sell overriding royalty interest in leases where the company pioneered the Marcellus Shale in Washington County, Pa.

Oct 15 2018 - 4:05pm

Nine Expands With $493 Million Magnum Oil Tools Acquisition

Analysts expect the acquisition of Magnum—the number two player in dissolvable frack plugs—to give Nine Energy Service ‘incremental exposure’ to the downhole tools market.

Oct 15 2018 - 8:40am

Aker BP To Buy Equinor Gas, Condensate Discovery For $250 Million

The North Sea discovery has estimated reserves of 77 million barrels of oil equivalents, and by connecting it to existing production facilities at the Ula Field, Aker BP expects the acquisition to add more than 100 million barrels in total.

Oct 15 2018 - 8:30am

HEADLINES: Hurricane Michael’s Effect On Oil, Gas Production

Plus, Exxon Mobil donates to a PAC promoting U.S. carbon tax, offshore drillers Ensco and Rowan agree to merge and Chevron exits Norway.

Oct 11 2018 - 2:25pm

DGO Continues Appalachia Buildout With $183 Million Acquisition

Diversified Gas & Oil, known as DGO, said it acquired Core Appalachia Holding, a conventional producer and processor of natural gas in the southern Appalachian Basin.

Oct 11 2018 - 10:00am

Petrobras, Murphy Oil Form Joint Venture In Gulf Of Mexico

According to the filing, Petrobras, as the Brazilian company is known, will have a 20% stake in the joint venture, and Murphy will have 80%.

Oct 11 2018 - 8:02am

EPIC Buys South Texas NGL Facility From Southcross

EPIC’s purchase will also include a  pipeline for the Robstown facility to receive NGL from various pipelines that allow the delivery of fractionated products to several Corpus Christi-area markets

Oct 10 2018 - 1:30pm

IPC To Acquire Canada’s BlackPearl In Strategic Combination

IPC will acquire BlackPearl for roughly C$622.5 million and combine its assets with IPC’s existing assets in Canada as well as in France, Malaysia and the Netherlands.

Oct 10 2018 - 10:45am