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UK: Tailwind Energy to acquire Decipher Energy


UK: Tailwind Energy to acquire Decipher Energy
01 Apr 2021
Decipher Energy.
This acquisition will allow Tailwind to continue to deploy its strategy of exploiting organic production and near-term reserves growth opportunities whilst building out the Tailwind portfolio. The transaction is subject to statutory regulatory and government approvals.
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Decipher Energy , Tailwind Energy , E Ampp News , Oil And Gas Exploration , Exploration And Production , Energy Pedia , Geological And Geophysical , Alternative Energy , Heavy Oil , Oil And Gas Condensate , Licence Round , Oil And Gas Ministry , Oil Companies , புரிந்துகொள்ள ஆற்றல் , வால்விண்ட் ஆற்றல் , ஏ அம்ப்ப செய்தி , எண்ணெய் மற்றும் வாயு ஆய்வு , ஆய்வு மற்றும் ப்ரொடக்ஶந் , ஆற்றல் பேதியா , நில அதிர்வு , புவியியல் மற்றும் புவி இயற்பியல் , மாற்று ஆற்றல் , கனமான எண்ணெய் , எண்ணெய் மற்றும் வாயு மின்தேக்கி , உரிமம் சுற்று , எண்ணெய் மற்றும் வாயு அமைச்சகம் ,

US: Pioneer Natural Resources announces bolt-on acquisition of DoublePoint Energy in the Midland Basin


US: Pioneer Natural Resources announces bolt-on acquisition of DoublePoint Energy in the Midland Basin
02 Apr 2021
Pioneer Natural Resourceshas entered into a definitive purchase agreement to acquire the leasehold interests and related assets of
DoublePoint Energy in a transaction valued at approx. $6.4 billion as of April 1, 2021, comprised of approx. 27.2 million shares of Pioneer common stock, $1 billion of cash and the assumption of approx. $0.9 billion of debt and liabilities.
Scott D. Sheffield, Pioneer’s CEO stated:
DoublePoint has amassed an impressive, high quality footprint in the Midland Basin, comprised of tier one acreage adjacent to Pioneer’s leading position. We are pleased with their decision to become long-term partners with Pioneer in a transaction that will complement our unmatched position in the core of the Permian Basin. Pioneer will incorporate these assets into our investment model, migrating the assets from significant production ....

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Europe's upstream comes under pressure [NGW Magazine]


Europe’s upstream comes under pressure [NGW Magazine]
Apr 2, 2021 7:15:am
Summary
But the need for oil and gas in the coming decades will put the UK in a strong position for the net-zero carbon future, regulatory conditions permitting. [NGW Magazine Volume 6, Issue 6]
by: William Powell
There is a tension between the social pressures driving a number of European governments to set dates for achieving net-zero carbon economies on one hand, and the advantages of producing more oil and gas at home on the other.
The focus on environment, social and governance (ESG) issues has risen far up the agenda of banks and investors. Shareholders too are becoming increasingly active.   ....

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