More Love for Utah M&A

NOG and SM Energy buy more Uintah Basin assets after $255B deal; Devon Energy capitalizes on Bakken, Eagle Ford refracs; Aethon pays Woodside for Tellurian M&A gambit; Diamondback curtails Permian output amid gas glut.

Author

Rob Quigley
August 08, 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:

NOG and SM Energy buy more Uintah Basin assets after $255B deal.

After $2.55B Deal, NOG and SM to Buy More Uinta Basin Assets

Northern Oil & Gas and SM Energy, which are acquiring Uinta Basin E&P XCL Resources, will acquire additional assets in the basin with the purchase of Altamont Energy, which XCL had been trying to buy.

www.hartenergy.com/exclusives/after-255b-deal-nog-and-sm-buy-more-uinta-basin-assets-210056

Devon Energy capitalizes on Bakken, Eagle Ford refracs.(Hart Energy)

Aethon pays Woodside for Tellurian M&A gambit.(Hart Energy)

Diamondback curtails Permian output amid gas glut.(Hart Energy)

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

  • Devon Energy capitalizes on Bakken, Eagle Ford refracs.(Hart Energy)

  • Aethon pays Woodside for Tellurian M&A gambit.(Hart Energy)

  • Diamondback curtails Permian output amid gas glut.(Hart Energy)

  • Civitas receives approval for oil plan near Aurora Reservoir.(KDVR)

  • EnLink expects Matterhorn line operational in September.(Hart Energy)

  • MPLX expects Delaware Basin gas processing to hit 1.4 bcfd.(Hart Energy)

  • California Admits Price Controls Could Push Gas Prices Higher.(energyindepth)

Deal Flow

M&A/Investment

  • NOG and SM Energy buy more Uintah Basin assets after $255B deal.(Hart Energy)

  • Talos Energy acquires stake in US Gulf of Mexico project.(Upstream Online)

  • EnLink takes FID for natural gas expansion in Louisiana.(OGJ)

IPO/Direct Listing/Issuances/Block Trades

  • Targa Resources prices $1 billion senior notes offering.(Hart Energy)

Debt

  • Equatorial Guinea in talks with Trafigura for $2 billion oil financing.(Rigzone)

SPAC

  • No deals matching this criteria.

Bankruptcy/Restructuring/Distressed

  • No deals matching this criteria.

Fundraising

  • No deals matching this criteria.

Our firm has been in the business of appraising oil and gas assets for nearly 30 years. We have always prioritized customer service, and we fully understand the technical and financial importance of our reports for numerous stakeholder groups. We are here to provide clear and accurate analysis that supports reserves and valuations you can trust.

Stan S. Valdez, P.E. President

Only the Finest, Refined Memes:

Meme of the Day: #3

Meme of the Day: #2

Meme of the Day: #1