Mergers & Acquisitions

US Shale Surge Boosts Industry Finances, Puts Deals In Spotlight

U.S. shale firms are more profitable than ever after a strong third quarter and the change is evidence shale firms have moved to "harvest mode" and turned toward deal making.  

Nov 16 2018 - 8:00am

Santos-Quadrant Energy Combination Approved By Aussie Competition Watchdog

Australia's competition watchdog, ACCC, said it will not oppose oil and gas firm Santos's $2.15 billion acquisition of Quadrant Energy.

Nov 16 2018 - 7:50am

Corporate Oil And Gas M&A Gains Altitude After $13 Billion Week

Analysts predict the massive deals week comprised of three separate transactions by Chesapeake Energy, Encana and Denbury is just the “tip of the M&A iceberg that will emerge in 2019.”

Nov 12 2018 - 9:00am

Blackbird Energy, Pipestone Oil Merge To Form Montney Pure-Play

Blackbird Energy and Pipestone Oil have agreed to merge, forming Pipestone Energy which is set to have the single largest land position in the Montney shale play in Alberta, Canada.

Nov 2 2018 - 11:10am

HEADLINES: Billion-Dollar Deals; Production Surge; Election Effect

Chesapeake Energy and Encana made headlines this week with multibillion-dollar acquisitions. Also, crude oil and natural gas production hit new records and the industry is watching initiatives on the ballot in Colorado and Washington state next week.

Nov 1 2018 - 4:18pm

Encana To Combine With Newfield Exploration In $5.5 Billion All-Stock Transaction

The acquisition of Newfield and its key position in the Stack/Scoop is expected to make Encana the second largest producer of unconventional resources in North America.

Nov 1 2018 - 5:55am

Chesapeake To Acquire Eagle Ford Producer WildHorse For Nearly $4 Billion

Chesapeake Energy is set to create an Eagle Ford oil producing powerhouse through its nearly $4 billion acquisition of WildHorse Resource Development.

Oct 30 2018 - 7:15am

Denbury Adds Eagle Ford Core With $1.7 Billion Penn Virginia Merger

Denbury Resources agreed to acquire Penn Virginia in a cash-and-stock transaction valued at $1.7 billion, marking the company’s entry into the Eagle Ford Shale.

Oct 29 2018 - 8:30am

Quantum-backed Premium Oilfield Technologies Acquires Cutter Drilling Systems

Premium Oilfield Technologies said it completed the acquisition of Cutter Drilling Systems, which provides rotary control head diverter service in the heart of the Permian Basin in West Texas.

Oct 26 2018 - 2:40pm

HEADLINES: Midstream, Upstream Deals; Alaska Project Gets Approval

Also, why Mexico's president-elect criticized Pemex and a private company consortium expects to win the lease for a wind farm offshore California.

Oct 25 2018 - 3:38pm