Deal Done on Death's Doorstep

Autry Stephens sells Endeavor Resources just 6 months before he dies at 86; Diversidifed closed East Texas Crescent Pass deal; Maverick exploring $3.0B sale of company; EOC & Elda River back Brazos Midstream

Author

Rob Quigley
August 19, 2024

by VSO Petroleum Consultants. Oil and Gas industry news for those in the deal flow (Investors and A&D Professionals). Your daily source for the latest A&D/M&A news, industry news, and expert interviews.

First Things First:

Autry Stephens sells Endeavor Resources just 6 months before he dies at 86.

Autry Stephens, Who Agreed to Sell His Oil Company for $26 Billion in February, Dies at 86.

An ‘oilman’s oilman,’ the frugal Texas driller was set to become one of the world’s richest men when he inked a deal to sell Endeavor Energy Resources earlier this year

www.wsj.com/business/energy-oil/autry-stephens-who-sold-his-oil-company-for-26-billion-in-february-dies-at-86-5ffe6879

Diversified Energy Closes on 170,000-acre Deal in East Texas Hartenergy.

Maverick Natural Resources owner explores $3bn sale of oil and gas company  Google.


EOC and Elda River back oil and natural gas company Brazos Midstream PE Hub.

VSO is the go-to consulting firm for buy-side technical due diligence. We can handle all your technical evaluations or can be your spare capacity when you need overflow help. If you’re in the deal flow, let’s work together.

Daily Headlines

  • Autry Stephens sells Endeavor Resources just 6 months before he dies at 86 WSJ.com.

  • My Guy - Guyana's Growing Crude Output Increasingly Finding Homes Among West Coast Refiners RBNenergy.

  • Zombie Wells: A $280 Billion Problem the U.S. Can't Ignore Oilprice.

  • California Governor proposes plan to curb gas price spikes Offshore-technology.

  • Texas upstream oil and gas jobs grew by 1,600 in July Texas Border Business.

Deal Flow

M&A/Investment

  • Diversified Energy Closes on 170,000-acre Deal in East Texas Hartenergy.

  • Maverick Natural Resources owner explores $3bn sale of oil and gas company Offshore technology.

  • EOC and Elda River back oil and natural gas company Brazos Midstream PE HUB.

  • Chevron-Backed Carbon Capture Firm Gets Up To $100 Million from Canada Rigzone.

  • EverCharge and Oklahoma utility collaborate on energy initiatives Biz Journals.

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