Acquisitions Archives

A private consortium of family offices and financial institutions acquired ownership of Wyoming natural gas producer PureWest for $1.84 billion.

Rockies Gas Producer PureWest Acquired for $1.84 Billion

By Chris Matthews |Hart Energy| In a rare natural gas deal, a private investor group led by family offices has taken ownership...

ConocoPhillips TotalEnergies Canadian Deal

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TotalEnergies to sell Surmont oil sands stake to ConocoPhillips in $3.3bn deal

TotalEnergies said that it will sell its stake of 50% in the producing Surmont oil sands asset in Canada to its partner...

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Kimbell Royalty Partners Closes Permian Acquisition, Boosts Production Guidance [Hart Energy Story]

Story By Chris Matthews |Hart Energy| Kimbell Royalty Partners anticipates hitting record oil and gas production this year after completing an acquisition...

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Permian in Spotlight as Energy Dealmaking Gathers Steam

Mrinalika Roy – [Reuters] Companies with a focus on the oil-rich Permian Basin are likely to be at the center of the...

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Occidental Petroleum closes in on divestment goal with $508M deal

By: Joshua Mann – Houston Business Journal – Houston-based Occidental Petroleum Corp. (NYSE: OCY) is continuing its divestment campaign with a new...

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Chesapeake to Sell South Texas Shale Assets for $2B

By: Shariq Khan – Reuters – Chesapeake Energy Corp (CHK.O), which exited bankruptcy in February, is working with two banks on a...

Pioneer, Energy, Oil and Gas, DoublePoint

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Pioneer Natural Resources nears $6 billion DoublePoint Energy deal

By: Greg Roumeliotis – Reuters – Pioneer Natural Resources Co is nearing a deal to acquire oil producer DoublePoint Energy for more...

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For Don Burdick, Forming new energy company amid pandemic ‘wicked ride’

By: Mella McEwen – Midland Reporter-Telegram – Navigating the pandemic last year was an incredible challenge for individuals and businesses alike. But...