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Permian Pulse: Franklin Mountain Stands Out Among Delaware M&A Targets hartenergy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartenergy.com Daily Mail and Mail on Sunday newspapers.
CEO: FireBird II Prowls Western Midland Basin for M&A, Deep Exploration hartenergy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartenergy.com Daily Mail and Mail on Sunday newspapers.
Permian M&A: Oxy Shops Delaware Assets, Family Oil Cos. Stand Out hartenergy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartenergy.com Daily Mail and Mail on Sunday newspapers.
US oil and gas sector mergers and acquisitions (M&A) are likely to slow for the rest of the year following a record $51bn in deals in the first quarter, consultancy Enverus says. Following an unprecedented $192bn of upstream deals last year, the Permian shale basin continued to dominate first-quarter M&A as firms competed for the remaining high-quality inventory on offer. Acquisitions were led by Diamondback Energy's $26bn takeover of Endeavor Energy Resources. Other private operators, such as Mewbourne Oil and Fasken Oil & Ranch, would be highly sought after if they decided to put themselves up for sale, Enverus says. ....
Following last year s blockbuster $192 billion in U.S. upstream consolidation, 1Q24 would be on track to surpass that record with $51 billion in announced. ....