Reporter & @TexasTech grad covering energy business news for @HartEnergy. Also manages https://xitter.cf/t.co/2S32xcVHQJ's A&D Watch & appears in @OilnGasInvestor.
Houston, TX
Joined February 2017
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Emily Patsy retweeted
Did the pure-play consolidation trend just get bucked with @CabotOG and @Cimarex ‘surprise’ merger? bit.ly/3hQt10K @EmilyPatsy
Emily Patsy retweeted
ICYMI: @BonanzaCrk, @Extraction_OG merge to form pure-play #DJBasin #oilandgas producer adding to a growing list of mergers among U.S. #shale producers after upstream M&A activity took off beginning in the second half of 2020 bit.ly/3eJvR5N @EmilyPatsy @hartenergy
ICYMI - Enerplus agreed to acquire Bruin E&P, a Houston-based private operator with about 151,000 net acres in the #Bakken #WillistonBasin, for total cash consideration of $465 million. More: bit.ly/2MsuAEf $ERF
ICYMI, Samson Resources plans to dissolve business following $215 million all-cash sale of its Powder River Basin assets. More: bit.ly/3oeJFrd #oilandgas
Breaking #oilandgas news: Earthstone Energy to acquire Independence Resources Management, a Warburg-backed Midland Basin operator, in cash-and-stock deal valued at $185.9 million. More: bit.ly/2WqcHYL $ESTE #Permian
Thankful these three experts took the time to talk last month and share their take on the A&D market, in particular, what to expect for the #oilandgas dealmaking landscape in 2021.
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ICYMI: Bonanza Creek Energy agreed this morning to acquire a restructured HighPoint Resources in a transaction valued at ~$376 million. Combined D-J Basin position to cover 206,000 net acre position in rural Weld County. More: bit.ly/38qqWUv $BCEI $HPR #shale #oilandgas
Breaking #oil and #gas news: $EQT to acquire Chevron’s #Appalachia assets for $735 million funded partially by proposed equity offering. More: bit.ly/2HyrFIm $CVX #Marcellus #shale
Contango Oil & Gas to acquire Mid-Con Energy Partners in all-stock merger, which the companies say implies an enterprise value for the combined entity in excess of $400 million. (Incl. map of combined assets) More: bit.ly/2Tsw7dL $MCF $MCEP #oilandgas
Occidental Petroleum agrees to $1.33 billion sale of Rockies assets, nearing the $2 billion-plus divestiture target $OXY set for 2020. (Sale comprises portion of land grant assets incl. on map) More: bit.ly/34haB2y #oil #gas
Upon emergence from bankruptcy, #Bakken #shale producer Whiting Petroleum’s CEO, Brad Holly, to resign. Lynn Peterson (fmr CEO of SRC Energy and Kodiak Oil & Gas) named as successor. More: bit.ly/31UXPnd $WLL
ICYMI - Riviera Resources on Aug. 6 unveiled plans to sell remaining #upstream #oil and #gas assets. The company already sold a bulk of the multibasin portfolio it inherited from Linn Energy spinoff in 2018 (Incl. map from 2019 presentation). More: bit.ly/3kjXovr
Range Resources agrees to North Louisiana asset sale for up to $335 million. $RRC originally acquired the asset in 2016 through an all-stock merger with Memorial Resource Development valued at $4.4 billion (incl. debt). More: bit.ly/3k8ozt2 #shale #oilandgas
Breaking #oil and #gas news - Chevron agrees to $5 billion buyout of Noble Energy in all-stock deal. Incl. debt transaction valued at $13 billion. More: bit.ly/3jk4Xl7 $CVX $NBL
ICYMI - Harvest Oil & Gas, former EnerVest affiliate, announced this morning the sale of its remaining assets and plans to begin the process of winding-up. (Incl. map of $HRST portfolio as of March 2019) More: bit.ly/3e8dbsU #oil #gas
Antero Resources today closed on a multimillion-dollar ORRI sale to global investment firm Sixth Street Partners. The #Appalachia #shale producer plans to use proceeds to pay down debt. More: bit.ly/30FHOCS $AR
