SM Energy and Northern Oil and Gas (NOG) have entered into a significant agreement to acquire oil and gas assets in the Uinta Basin, Utah, from XCL Resources in a combined transaction valued at $2.55 billion. The deal involves the acquisition of assets owned by entities affiliated with XCL Resources, a private firm supported by […]
Crescent Energy acquisition of SilverBow Resources : In a significant move that reshapes the landscape of the energy sector, Crescent Energy Company (NYSE: CRGY) and SilverBow Resources, Inc. (NYSE: SBOW) have announced a definitive merger agreement valued at $2.1 billion. This strategic amalgamation marks a major shift, creating a formidable entity in the Eagle Ford […]
ALLETE, Inc., a prominent energy company known for its commitment to clean energy and reliable services, has entered into a definitive agreement for its acquisition by a partnership led by Canada Pension Plan Investment Board (CPP Investments) and Global Infrastructure Partners (GIP). The agreement stipulates a purchase price of $67.00 per share in cash, valuing […]