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

Occidental makes $12bn move to acquire Permian Basin producer CrownRock

Pallavi Madhiraju- December 11, 2023 0

Occidental (NYSE: OXY), a global leader in the oil and gas sector, has made a sensational move in the energy industry by announcing its acquisition ... Read More

Chevron Corporation sets ambitious $18.5-$19.5bn capex for 2024

Pallavi Madhiraju- December 8, 2023 0

Chevron Corporation (NYSE: CVX) has recently declared its anticipated organic capital expenditure range for 2024, spanning $15.5 to $16.5 billion for consolidated subsidiaries (capex) and ... Read More

ExxonMobil to acquire Pioneer Natural Resources for $59.5bn: Impact on US energy landscape

Pallavi Madhiraju- October 12, 2023 0

Exxon Mobil Corporation (ExxonMobil) and Pioneer Natural Resources have signed an all-stock transaction worth $59.5 billion, with each of the latter's shares exchanging for 2.3234 ... Read More

Kimbell Royalty Partners wraps up $455m asset purchase in Permian Basin and Mid-Continent

Pallavi Madhiraju- September 17, 2023 0

Kimbell Royalty Partners, LP (NYSE: KRP), a leading player in oil and gas mineral and royalty interests, has successfully closed its $455 million acquisition of ... Read More

Viper Energy Partners to acquire major mineral interests in $750m deal to boost production and returns

Pallavi Madhiraju- September 6, 2023 0

Viper Energy Partners LP (NASDAQ:VNOM), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG), has entered into a definitive agreement to acquire valuable mineral and royalty interests ... Read More

Permian Resources announces $4.5bn acquisition of Earthstone Energy

Pallavi Madhiraju- August 21, 2023 0

In a strategic move set to reshape the energy landscape, Permian Resources Corporation (NYSE: PR) announced an all-stock transaction to acquire Earthstone Energy, Inc. (NYSE: ... Read More

Ring Energy secures Founders Oil & Gas Central Basin Platform assets to boost Permian Basin position

Pallavi Madhiraju- August 19, 2023 0

Ring Energy, Inc. (NYSE American: REI), a key player in the energy sector, has successfully concluded its highly anticipated acquisition of Founders Oil & Gas ... Read More

Chevron locks in $7.6bn PDC Energy buyout to strengthen US basin footprint

Pallavi Madhiraju- August 8, 2023 0

Chevron Corporation (NYSE: CVX) has solidified its hold in the U.S. basins by successfully finalizing the acquisition of PDC Energy, Inc. (NASDAQ: PDCE) at a ... 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