Emily Patsy

Did the pure-play consolidation trend just get bucked with @CabotOG and @Cimarex ‘surprise’ merger? bit.ly/3hQt10K @EmilyPatsy

ICYMI: @BonanzaCrk, @Extraction_OG merge to form pure-play #DJBasin #oilandgas producer adding to a growing list of mergers among U.S. #shale producers after upstream M&A activity took off beginning in the second half of 2020 bit.ly/3eJvR5N @EmilyPatsy @hartenergy

ICYMI - Enerplus agreed to acquire Bruin E&P, a Houston-based private operator with about 151,000 net acres in the #Bakken #WillistonBasin, for total cash consideration of $465 million. More: bit.ly/2MsuAEf $ERF

ICYMI, Samson Resources plans to dissolve business following $215 million all-cash sale of its Powder River Basin assets. More: bit.ly/3oeJFrd #oilandgas

Breaking #oilandgas news: Earthstone Energy to acquire Independence Resources Management, a Warburg-backed Midland Basin operator, in cash-and-stock deal valued at $185.9 million. More: bit.ly/2WqcHYL $ESTE #Permian

@carolinefevans Congrats, Caroline!

Thankful these three experts took the time to talk last month and share their take on the A&D market, in particular, what to expect for the #oilandgas dealmaking landscape in 2021.

ICYMI: Bonanza Creek Energy agreed this morning to acquire a restructured HighPoint Resources in a transaction valued at ~$376 million. Combined D-J Basin position to cover 206,000 net acre position in rural Weld County. More: bit.ly/38qqWUv $BCEI $HPR #shale #oilandgas

Breaking #oil and #gas news: $EQT to acquire Chevron’s #Appalachia assets for $735 million funded partially by proposed equity offering. More: bit.ly/2HyrFIm $CVX #Marcellus #shale

Contango Oil & Gas to acquire Mid-Con Energy Partners in all-stock merger, which the companies say implies an enterprise value for the combined entity in excess of $400 million. (Incl. map of combined assets) More: bit.ly/2Tsw7dL $MCF $MCEP #oilandgas

Breaking #oil and #gas news: Pioneer Natural Resources to acquire Parsley Energy in all-stock merger valued at about $7.6 billion (including debt). (Incl. map of combined #Permian assets) More: bit.ly/3o9GiC6 $PXD $PE

Breaking #oil and #gas news - ConocoPhillips to buy Concho Resources in an all-stock deal valued at $9.7 billion. (Incl. map of combined #Permian #shale position) More: bit.ly/2FGbbwG $COP $CXO

Occidental Petroleum agrees to $1.33 billion sale of Rockies assets, nearing the $2 billion-plus divestiture target $OXY set for 2020. (Sale comprises portion of land grant assets incl. on map) More: bit.ly/34haB2y #oil #gas

Upon emergence from bankruptcy, #Bakken #shale producer Whiting Petroleum’s CEO, Brad Holly, to resign. Lynn Peterson (fmr CEO of SRC Energy and Kodiak Oil & Gas) named as successor. More: bit.ly/31UXPnd $WLL

ICYMI - Riviera Resources on Aug. 6 unveiled plans to sell remaining #upstream #oil and #gas assets. The company already sold a bulk of the multibasin portfolio it inherited from Linn Energy spinoff in 2018 (Incl. map from 2019 presentation). More: bit.ly/3kjXovr

Range Resources agrees to North Louisiana asset sale for up to $335 million. $RRC originally acquired the asset in 2016 through an all-stock merger with Memorial Resource Development valued at $4.4 billion (incl. debt). More: bit.ly/3k8ozt2 #shale #oilandgas

Breaking #oil and #gas news: ConocoPhillips extends #Monteny #Shale position with $375 million acquisition. More: bit.ly/3fNpLzg $COP

Breaking #oil and #gas news - Chevron agrees to $5 billion buyout of Noble Energy in all-stock deal. Incl. debt transaction valued at $13 billion. More: bit.ly/3jk4Xl7 $CVX $NBL

ICYMI - Harvest Oil & Gas, former EnerVest affiliate, announced this morning the sale of its remaining assets and plans to begin the process of winding-up. (Incl. map of $HRST portfolio as of March 2019) More: bit.ly/3e8dbsU #oil #gas