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E&Ps continue to look at the Permian Basin for undeveloped acreage, but deal activity in the Eagle Ford Shale surged in the first quarter as buyers searched for producing assets.
Dealmaking in the Permian is set to pick up as both larger and smaller drillers are looking for new top-tier acreage
Three analysts have identified Diamondback Energy Inc., Matador Resources Inc. and Permian Resources Corp. as possible takeout targets.
Federal, local and state governments, once keen on taking natural gas vehicles (NGV) over the bridge toward a cleaner transportation sector, have shifted
Ovintiv’s $4.275 billion bid to acquire three EnCap-backed E&Ps in the northern Midland Basin adds much-needed inventory and addresses key investor concerns, analysts say.