Quantum of Capital for Quantum Capital

Quantum Raises $10B for Oil, Gas, Midstream, Energy Transition; EQT sells non-op Marcellus asset to Equinor for $1.25 billion; Enterprise acquires Piñon Midstream from Matador Resources for $113M, adding strategic assets; Colonial Pipeline Considering $10B Sale

Author

Rob Quigley
October 30, 2024

Good morning. Quantum announced a new $10B fund with a fresh round of capital to put to work. EQT sells the last of its non-op position to Equinor for $1.25B. Matador sells stake in Pinon Midstream to Enterprise for $113mm. And finally, Colonial pipeline is contemplating a $10B sale. Good to seem deals back in the headlines after a quiet few days. Let's drill down.

Daily Headlines

  • Does the EU have a strategy for gas? Financial Times$$$

  • U.S. energy production has increased faster than energy consumption over the past 50 years Eia

  • EIG discusses ESG in oil with effective frameworks Energy Council$$$

  • Investors eye U.S. oil as capital discipline grows Energy Council$$$

  • Permian gas infrastructure needs expansion for growth Rextag

  • JPMorgan discovers 45 million barrels of oil Financial Times$$$

Deal Flow

M&A/Investment

  • EQT sells non-op Marcellus asset to Equinor for $1.25 billion. Biz Journals

  • Enterprise acquires Piñon Midstream from Matador Resources for $113M, adding strategic assets Oil & Gas 360

  • Colonial Pipeline Considering $10B Sale Hart Energy$$$

  • Exxon, Greece JV expands offshore exploration efforts Oil & Gas Journal

  • Namibia’s state oil company plans to triple stake in future oil and gas projects World Oil

Fundraising

  • Quantum Raises $10B for Oil, Gas, Midstream, Energy Transition 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.

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