Following yesterday’s post that cast a spotlight on the oil-and-gas asset pond where the fish are biting and anglers are reeling in their catch, three new developments within the last 24 hours tell us the buyer-seller party is far from over this year. ...
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While not exactly your grand-pappy’s farm pond, the fishing hole stocked with oil and gas assets for catch has been jumping with activity over the last 10 days....
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Okla-City-based Chesapeake Energy has announced a company name change following this year’s $7.4 billion merger with Southwestern Energy that’s expected to close next week. The combo creates the nation’s largest natural gas producer upsetting EQT’s number one position it’s held since 2017....
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When ConocoPhillips acquired Marathon Petroleum back in May, the $22.5 billion deal crowned COP the largest producer in the Eagle Ford with combined assets of 490,000 net acres, 400 MBOED, and 1,000 new drilling locations. The purchase also added more refrac inventory using COP’s own techniques already at work across its South Texas position....
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Rusty Hutson isn’t your typical gas producer. As the founder and CEO of Ala.-based Diversified Energy, he walks his own path—even one he didn’t expect to find again....
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Okla. City-based Devon Energy might as well host an earnings-season tailgate party after scoring a record-breaking, second-quarter touchdown. And it has plenty of room and reason to do just that. ...
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