APA Corporation announces $950m sale of Permian Basin assets, sends stock tumbling

Pallavi Madhiraju- September 11, 2024 0

APA Corporation has entered into a definitive agreement to sell its non-core properties in the Permian Basin for $950 million to an undisclosed buyer, a ... Read More

Occidental Petroleum completes $12bn acquisition of CrownRock

Pallavi Madhiraju- August 2, 2024 0

Occidental Petroleum Corporation has successfully completed its high-stakes acquisition of CrownRock, a prominent US-based oil and gas producer, in a landmark $12 billion deal. Announced ... Read More

Freehold Royalties announces C$112m acquisition of Permian Basin assets

Pallavi Madhiraju- December 13, 2023 0

Freehold Royalties Ltd. (Freehold) has made a significant stride in the North American energy market by entering into definitive agreements to acquire Permian mineral title ... Read More

Civitas Resources to acquire Vencer Energy’s oil assets in $2.1bn deal

Pallavi Madhiraju- October 6, 2023 0

Civitas Resources is set to expand its footprint in the Midland Basin, US, with the acquisition of Vencer Energy's oil-producing assets in a deal valued ... Read More

Diamondback, Five Point establish water infrastructure JV in Midland Basin

Pallavi Madhiraju- September 13, 2023 0

Diamondback Energy, Inc. (NASDAQ: FANG) and Five Point Energy LLC have unveiled a strategic joint venture to establish Deep Blue Midland Basin LLC ("Deep Blue"). ... Read More

Civitas Resources sets foot in Permian Basin with $4.7bn twin acquisition

Pallavi Madhiraju- June 21, 2023 0

In a massive $4.7 billion agreement, Denver-based energy company Civitas Resources expands its oil-producing assets into the Permian Basin in the US. The purchase involves ... Read More

Vital Energy to acquire Midland Basin operator Driftwood Energy Operating

Raghuram Kadari- February 16, 2023 0

Vital Energy (formerly Laredo Petroleum), an Oklahoma-based oil and gas company, will acquire the Permian Basin-focused Driftwood Energy Operating in a cash-stock deal. Under the ... Read More

Diamondback Energy acquires Midland Basin assets of FireBird Energy

Pallavi Madhiraju- December 4, 2022 0

Texas-based oil and gas company Diamondback Energy has closed its previously announced cash and stock deal with Midland Basin operator FireBird Energy. As per the ... Read More

Diamondback Energy to acquire Midland Basin operator Lario Permian

Raghuram Kadari- November 17, 2022 0

Diamondback Energy, a US oil and natural gas company, has signed a definitive purchase agreement to acquire all leasehold interest and associated assets of Lario ... Read More

Diamondback Energy to acquire Midland Basin assets of FireBird Energy

BNT Reporter- October 12, 2022 0

Diamondback Energy has signed an agreement to acquire all the Midland Basin leasehold interest and related assets of FireBird Energy in a cash and stock ... Read More