Acquisitions & Divestitures

Post Oak Energy Capital Leads $100 Million Equity Commitment To Saxet III Minerals

Post Oak Energy Capital, LP through investment partnerships it manages, has led a $100 million equity commitment to Saxet III Minerals LLC. The management team will co-invest alongside Post Oak.

Aug 20 2018 - 1:09pm

E&Ps Deal For Some-Of-The-Parts Midstream Value

Morgan Stanley report examines which stocks are best positioned to benefit from monetization trend.

Aug 20 2018 - 5:00am

Marketed: Midcontinent, Texas Panhandle Nonop Assets

PGP Holdings 1 retained Meagher Energy Advisors to sell Midcontinent Basin and Texas Panhandle nonoperated production and leasehold.

Aug 16 2018 - 11:55am

Marketed: EnerVest San Juan Basin Asset

EnerVest Energy has engaged TenOaks Energy Advisors for the sale of certain operated assets in the San Juan Basin in San Juan and Rio Arriba counties, N.M.

Aug 16 2018 - 9:15am

Marketed: Wyoming’s South Moxa Arch, Wexpro

Wexpro retained EnergyNet for the sale of certain oil and gas properties and related assets located in the South Moxa Arch in Wyoming.

Aug 16 2018 - 7:40am

HEADLINES: Dealing Diamondback Does It Again

Midland-based Diamondback Energy has announced more than $10 billion in acquisitions in a week. Also, Exxon Mobil leads high bidders in U.S. Gulf of Mexico lease sale.

Aug 16 2018 - 3:15pm

US GoM Lease Sale Nets More Than $178 Million In High Bids

Preliminary sale statistics show 29 companies placed 171 bids on 144 blocks in the U.S. GoM.

Aug 15 2018 - 1:43pm

Diamondback Energy Shares Drop On $9.2 Billion Deal For Shale Rival

Diamondback Energy Inc. (NASDAQ: FANG) shares fell 10% early on Aug. 15 following the U.S. oil and gas producer’s all-stock, $9.2 billion deal for shale rival Energen Corp. (NYSE: EGN).

Aug 15 2018 - 11:28am

Carrizo Acquires Devon Acreage In Delaware Basin For $215 Million

Carrizo now has 46,000 net acres in the Delaware Basin including 26,300 net acres in its Phantom area.

Aug 14 2018 - 4:10pm

Diamondback To Acquire Energen In $9.2 Billion All-Stock Deal

The transaction comes days after Diamondback Energy said it would add to its Northern Midland position with the roughly $1.25 billion cash-and-stock purchase of Ajax Resources.

Aug 14 2018 - 4:15pm