Quantum Leaps into the Piceance

Quantum Capital’s $1.8B Caerus Deal Tops Headlines; Gunvor Finances Gabon's Assala Energy Acquisition; Cedar LNG announces positive Final Investment Decision; Who are the Top Private Operators in the US?

Author

Rob Quigley
June 26, 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:

Quantum Capital buys Caerus in $1.8 billion Piceance deal from Oaktree, Anschutz, and Old Ironsides.

Quantum Capital Said to Strike $1.8 Billion Deal for Caerus Oil.

Quantum Capital Group has agreed to buy Caerus Oil and Gas in a deal that values the Rocky Mountain energy explorer at $1.8 billion, people familiar with the matter said, as private equity firms ramp up buying in the oil patch.


https://www.bloomberg.com/news/articles/2024-06-25/quantum-capital-said-to-strike-1-8-billion-deal-for-caerus-oil?srnd=phx-deals

Gunvor Backs Gabon's Assala Energy Acquisition Bloomberg.

Cedar LNG announces positive Final Investment Decision Boereport

Who are the Top Private Operators in the US? JPT75 .

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

  • Quantum Capital secures $1.8 billion deal to acquire Caerus Oil Bloomberg.

  • Cedar LNG announces positive Final Investment Decision Boereport.

  • Who are the Top Private Operators in the US? JPT75.

  • Banks can’ go “cold turkey” on oil and gas industry without energy security risks, Barclays CEO says Worldoil.

  • Kimmeridge increases stake in Commonwealth LNG Bizjournals.

  • Top 7 oil companies by proved reserves Oilprice.

  • Former BP America head becomes new CEO of Kimmeridge Texas Gas Bizjournals.

  • Exxon Mobil and SK On sign lithium offtake agreement Bizjournals.

  • Air Liquide invests in Exxon Baytown hydrogen Bizjournals.

  • Point Energy triples production in Delaware Basin PBOilandgasmagazine.

  • Brazil's oil surge challenges OPEC's strategy Oilprice.

  • Russia eyes expansion of investment in Iranian oil Oilprice.

  • India and China top buyers of Russian fuel oil Indiatimes.

  • Russian oil and gas revenues rise by 50% in June Oilandgas360.

Deal Flow

M&A/Investment

  • Quantum Capital's $1.8B deal for Caerus Oil Bloomberg.

  • TXO Partners buys Pearl-backed Mountain Energy Partners in $243mm Williston Deal Hartenergy.

  • Gunvor finances Gabon's acquisition of Assala Energy Bloomberg.

  • Kimmeridge increases stake in Commonwealth LNG Bizjournals.

  • Air Liquide invests in Exxon Baytown hydrogen Bizjournals.

  • Pytheas acquires three oil and gas assets Hart Energy.

IPO/Direct Listing/Issuances/Block Trades

  • No deals match this category.

Debt

  • CNOOC Petroleum North America upsizes cash tender offer Boereport.

SPAC

  • No deals match this category.

Bankruptcy/Restructuring/Distressed

  • No deals match this category.

Fundraising

  • No deals match this category.

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