Prairie Operating expands portfolio with $94.5m acquisition of Nickel Road Operating assets

Pallavi Madhiraju- January 14, 2024 0

Prairie Operating Co. (Nasdaq: PROP) has entered into a definitive agreement to acquire the assets of Nickel Road Operating LLC (NRO) for $94.5 million. This ... Read More

Ellipsis U.S. Onshore bolsters oil and gas assets in key US basins

Pallavi Madhiraju- December 31, 2023 0

Ellipsis U.S. Onshore Holdings LLC ("Ellipsis"), a portfolio company of Westlawn Group LLC ("Westlawn"), has announced the acquisition of additional assets in several key onshore ... Read More

Williams acquires strategic assets in DJ Basin to become third largest gatherer

Pallavi Madhiraju- December 2, 2023 0

Williams (NYSE: WMB) has announced the successful closure of two strategic transactions, positioning the company as the third-largest gatherer in the DJ Basin. The first ... Read More

Chevron to acquire oil and gas firm PDC Energy for $7.6bn in all-stock deal

Pallavi Madhiraju- May 22, 2023 0

Chevron Corporation has signed an all-stock deal to acquire PDC Energy, a Nasdaq-listed oil and gas exploration and production company, for a consideration of $7.6 ... Read More

Civitas Resources acquires DJ Basin operator Bison Oil & Gas II for $300m

Pallavi Madhiraju- March 2, 2022 0

Civitas Resources has wrapped up the previously announced acquisition of Bison Oil & Gas II, a Denver-Julesburg Basin (DJ Basin) operator. The Colorado-based oil and ... Read More

Bonanza Creek Energy, Extraction Oil & Gas to combine as Civitas Resources

Pallavi Madhiraju- May 11, 2021 0

Bonanza Creek Energy and rival Colorado-based oil and gas company Extraction Oil & Gas have agreed to merge in an all-stock deal to create Civitas ... Read More