Industry News
$5 Billion Acquisition: Devon Energy Announces Strategic Acquisition in the Williston Basin and Expands Share-Repurchase Authorization by 67 Percent to $5 Billion
This Breaking Article is Brought to You by: OKLAHOMA CITY, July 08, 2024 (GLOBE NEWSWIRE) -- Devon Energy (NYSE: DVN) announced today it has entered into a definitive purchase agreement to acquire the Williston Basin business of Grayson Mill Energy in a transaction...
Approx $1.9 Billion – Matador Resources Company Announces Strategic Bolt-On Delaware Basin Acquisition Ameredev
DALLAS--(BUSINESS WIRE)--Jun. 12, 2024-- Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire a subsidiary of Ameredev II Parent, LLC...
Approx $1.6 Billion: Noble Corporation plc announces agreement to acquire Diamond Offshore Drilling, Inc.
SUGAR LAND, Texas, June 10, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE) (NYSE: NE) and Diamond Offshore Drilling, Inc ("Diamond") (NYSE: DO) announced today that they have entered into a definitive merger agreement under which Noble will acquire...
May 31: Chord Energy and Enerplus Complete Combination, Creating Premier Williston-Focused E&P Company
This Article is Brought to you by: HOUSTON, May 31, 2024 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord", "Chord Energy" or the "Company") and Enerplus Corporation (TSX: ERF) (NYSE: ERF) ("Enerplus") announced today the completion of their previously...
BREAKING $22.5 Billion Deal: ConocoPhillips to acquire Marathon Oil Corporation in all-stock transaction; provides shareholder distribution update
These Breaking News Brought to you by: Acquisition of Marathon Oil Corporation is expected to be immediately accretive to earnings, cash flows and return of capital per share. ConocoPhillips expects to achieve at least $500 million of run rate cost and capital savings...
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Crescent Energy to Acquire SilverBow Resources for $2.1 Billion, Creating a Leading Growth Through Acquisition Company with a Premier Eagle Ford Position
These breaking news brought to you by: Combined company to be the second largest operator in the Eagle Ford Creates leading mid-cap E&P with scaled, balanced portfolio of high-quality assets Substantial free cash flow generation with disciplined capital allocation...
APA Announces over $700 Million in Asset Sales from Two Transactions for Non-core Texas Properties
May 20, 2024 HOUSTON, May 20, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) announced today the sale of non-core producing properties by Apache Corporation and certain of its subsidiaries in two separate transactions with aggregate proceeds of more than $700...
TSC Drill Pipe Launches TSC HOIST
TSC Drill Pipe, a leading oilfield equipment company, has launched TSC HOIST (Hands On Interactive Support and Training), a new customer-centric program. The initiative aims to enhance customer service in drill pipe operations and maintenance through personalized...
BREAKING: Worley AWARD – Worley selected to Support Bayou Bend CCS Project (Texas) with Design and Evaluation Services
These breaking news brought to you by: Providing design and evaluation services for Bayou Bend CCS LLC’s carbon capture and storage facility "We’ve been selected to design and evaluate CO2 gathering, handling and sequestration facilities located along the Gulf Coast...