Devon Energy acquisition of Validus Energy : Devon Energy, an oil and gas producer focused on the Delaware Basin, has signed an all-cash deal worth $1.8 billion to acquire Eagle Ford Shale operator Validus Energy from Pontem Energy Capital and others. The deal gives the publicly-listed Devon Energy 42,000 net acres of acreage, in which […]
Devon Energy has agreed to acquire rival Oklahoma-based oil and gas company WPX Energy in an all-stock deal worth $2.56 billion. The merger of the companies is expected to create a major unconventional oil producer in the US with a combined enterprise value of around $12 billion. The asset base of the enlarged oil and […]
WPX Energy acquisition of Felix Energy : WPX Energy, an Oklahoma-based natural gas liquids company, has signed a $2.5 billion deal to acquire Delaware Basin operator Felix Energy. Based in Denver, Colorado, Felix Energy was founded in 2013. The Delaware Basin operator is financially backed by EnCap Investments and JP Morgan. Felix Energy, which has […]