Acreage Swaps

Diamondback Swaps Delaware Assets, Pays $238MM For TRP’s Midland Assets; Eni: sale of upstream assets in Alaska to Hilcorp completed for $1B; Proppant Suppliers Covia, Black Mountain Merge to Become Iron Oak Energy Solutions; Exxon Plans Longest 20,000-Ft Wells on Pioneer’s Midland Asset

Good morning. FANG swaps acreage with TRP to up their nes in the Eagle Ford. Eni compledtes the $1.0B sale of Alaska to Hillcorp. And finally, XOM plans to drill a 4 mile lateral.

Daily Headlines

  • Exxon Plans Longest 20,000-Ft Wells on Pioneer’s Midland Asset Hart Energy$$$

  • Mexico aims to expand private investment in energy Google News

  • Texas producers see new growth in Permian Basin deals CNBC

  • US crude pipeline squeeze lifts Gulf Coast export prices BOE Report

  • South Korea increases US oil, gas imports if Trump wins OilPrice

Deal Flow

M&A/Investment

  • Diamondback Swaps Delaware Assets, Pays $238MM For TRP’s Midland Assets Hart Energy$$$

  • Eni: sale of upstream assets in Alaska to Hilcorp completed for $1B. Eni

  • Proppant Suppliers Covia, Black Mountain Merge to Become Iron Oak Energy Solutions Hart Energy$$$

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