Did Someone Say Meat Tycoon?

Brazilian meat tycoons expand into oil and gas drilling. Plus: Aramco’s $11.2B stock sale, Devon Energy misses out.

Author

Rob Quigley
June 10, 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:

Brazil meat tycoons expand oil and gas drilling.

Brazil Meat Tycoons Expand in Oil and Gas With Bolivia Deal

Brazil’s Batista brothers are expanding the family energy footprint in oil and gas with the acquisition of a company that has three natural-gas fields in the Tarija-Chaco basin in Bolivia.

www.bloomberg.com/news/articles/2024-06-07/brazil-meat-tycoons-expand-in-oil-and-gas-with-bolivia-deal

US oil and gas production shows flattening signs(The Star).

Aramco's $11.2B stock sale boosts shares (CNBC).

Devon Energy misses out on US oil mega deal (MSN).

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

  • US oil and gas production shows flattening signs - The Star

  • Growth in US oil and gas output slows down - OilPrice

  • New Zealand to scrap oil and gas exploration ban - Bloomberg

  • Canadian oil sands push back against proposed emissions cap - Reuters

  • ConocoPhillips sees strong rally in oil market - MSN

  • Brazil meat tycoons expand oil and gas drilling - Fox News

  • US oil and gas stocks right now - SharerWise

  • US oil seeks foreign partners for Mumba Oilfield - Decanter Herald

  • Oil and gas executives appear at House of Commons committee - MyDailyRecord

  • CEO of Canada's Suncor supports price carbon - Reuters

  • Oil and gas pipeline study - MSN

  • North Sea oil and gas output declines - The SafetyMag

  • Oil and gas firms remain focused on ESG goals - Oil and Gas 360

  • Oil and gas market conditions in US - Rigzone

  • Oil production in Texas statistics - AOL

  • Canada oil sands CEOs push against emissions cap - MSN

  • US oil and gas executives remain bullish - MSN

  • June oil and gas offering brings in $74 million - Discover Estevan

  • Strategic acquisition accident - Finance Yahoo

  • High school credit course for oil and gas - Western Standard

Deal Flow

M&A/Investment

  • Brazil meat tycoons expand into oil and gas drilling, diversifying their business interests Finance Yahoo.

  • US oil seeks foreign partners for Mumba Oilfield Decanter Herald..

IPO/Direct Listing/Issuances/Block Trades

  • Aramco shares rise post $11.2 billion stock sale CNBC.

Debt

  • No deals in this category for this period.

SPAC

  • No deals in this category for this period.

Bankruptcy/Restructuring/Distressed

  • No deals in this category for this period.

Fundraising

  • No deals in this category for this period.

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