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U.S. Energy Development to Invest $21.8 Million in Core of Permian Basin

2021-08-12 11:00:00| OGI

The company's CEO said the joint venture comes at an ideal time as the company continues to grow its footprint in the Permian Basin.

Tags: development million energy core

 

Buyout Firm EnCap Investments Agrees $1.5 Billion Purchase of EP Energy, Sources Say

2021-08-11 19:20:31| OGI

EnCap plans to split EP, which holds production assets in South Texas and Northeastern Utah, into its separate geographies and merge them with existing portfolio companies, according to the sources.

Tags: say purchase energy firm

 
 

Bowline Energy Acquires Nine Points Williston Basin Assets

2021-08-11 16:54:02| OGI

Coupling these attributes with Bowline's sound balance sheet, the company expects to commence a development program, funded out of cash flows, and begin evaluating strategic M&A opportunities in the near future.

Tags: points energy assets basin

 

Energy A&D Transactions from the Week of Aug.11, 2021

2021-08-11 16:30:00| OGI

Heres a snapshot of recent energy deals including Riverstones $172 million exit from its Gulf of Mexico JV plus the $268 million combination of NexTier with Permian-focused Alamo Pressure Pumping.

Tags: week energy transactions

 

US Shale Pioneer Chesapeake Energy to Buy Gas Producer Vine Energy for $2.2 Billion

2021-08-11 15:24:29| OGI

In the latest deal among natural gas producers in the U.S. shale region, Chesapeake Energy Corp. agreed to acquire Plano, Texas-based gas producer Vine Energy Inc. in a zero premium transaction valued at approximately $2.2 billion.

Tags: buy energy gas billion

 

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