Industry News
Whiting and Oasis to Combine in $6.0 Billion Merger of Equals Transaction
These Breaking News are Brought to you by: Creating a Scaled Unconventional U.S. Oil Producer with a Premier Williston Basin Acreage Position Totaling 972K Net Acres and Combined 4Q21 Production of 167.8 Thousand Boepd Transaction Accretive to Key Per-share Metrics...
Earthstone Energy Announces Northern Delaware Basin Asset Acquisition for ~$627 Million
This Breaking News Brought to you By: Highly Accretive Expansion in Northern Delaware Basin Meaningfully Increases Scale THE WOODLANDS, Texas, June 28, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone" or the "Company") today announced that it...
Percussion Petroleum Reportedly Seeking Sale Worth Up to $1.5 Billion
This Upstream Drilldown News is Sponsored by: "Percussion Petroleum II is looking to fetch up to $1.5 billion by selling around 25,000 net acres in the Permian shale basin, three sources told Reuters on June 17, betting on rising oil prices to pocket more than double...
EnCap Investments, L.P. and Double Eagle Energy Announce Formation of Double Eagle Energy Holdings IV with Over $1.7 Billion of Equity Committed
This News Article is Brought to You by: "HOUSTON & FORT WORTH, Texas--(BUSINESS WIRE)--EnCap Investments L.P.(“EnCap”) and the team behind the Double Eagle family of companies (“Double Eagle”) announced today that they have entered into a strategic partnership to...