- Joe Barone, Shale Directories
- Blog
- May 10, 2019
EQT uses stick & carrot against Rice-led dissidents
EQT Corp. is not a Mom-and-Pop natural gas producer – and can’t be run like one – the board’s independent members said, in effect, to dissident shareholders looking to insert their board nominees into the operations of the U.S.’s largest gas producer.- Joe Barone, Shale Directories
- Blog
- May 9, 2019
Chevron Leaves the Altar with $1B, Waves Goodbye to Anadarko
This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page.- Joe Barone, Shale Directories
- Blog
- May 9, 2019
Chevron walking away from Anadarko, with $1B in its pocket
In a much expected move, oil supermajor Chevron said this morning it will not counter the higher bid made for Anadarko Petroleum by Occidental Petroleum, contrent to walk away from the deal with a $1 billion breakup fee, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 7, 2019
Anadarko tells Chevron it’s been replaced
Anadarko Petroleum’s board said Monday Occidental Petroleum’s buyout offer is “superior” to its purchase deal with Chevron, Kallanish Energy reports. The oil supermajor is now on the clock.- Joe Barone, Shale Directories
- Blog
- May 6, 2019
Occidental revises Anadarko bid, offers mostly cash
Occidental Petroleum, continues to tinker with its offer to buy Anadarko Petroleum, late Sunday putting a revised bid in front of the independent producer, offering mostly cash as it looks to wrest its prey from Chevron, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 30, 2019
SEC alleges insider trading in Chevron-Anadarko deal
The U.S. Securities and Exchange Commission Monday announced it secured a court-ordered freezing of assets related to alleged insider trading that yielded roughly $2.5 million in profit connected to the April 12 announcement Chevron was acquiring Anadarko Petroleum.- Joe Barone, Shale Directories
- Blog
- April 26, 2019
Rice sues to block EQT from undercutting board slate
Toby Rice has filed a lawsuit accusing EQT Corp. of trying to confuse shareholders in Rice and his group’s ongoing proxy battle with the company that bought Rice Energy.- Joe Barone, Shale Directories
- Blog
- April 26, 2019
Pbfx buys 50% interest in Calif. pipeline firm
PBF Logistics (Pbfx) said it’s acquiring the 50% interest it doesn’t already own in the Torrance Valley Pipeline Co. (Tvpc) from an affiliate of its sponsor, refiner PBF Energy, for roughly $200 million in cash, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 25, 2019
Occidental Petroleum Offers 14% More than Chevron to Buy Anadarko
This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page.- Joe Barone, Shale Directories
- Blog
- April 25, 2019
Oxy trumps Chevron’s Anadarko bid, could ignite bidding war
Occidental Petroleum, which has been in informal discussions with Anadarko Petroleum for nearly two years, Wednesday publicly bid $76 a share for the independent producer, topping by 17% an offer by Chevron made roughly two weeks ago.- Joe Barone, Shale Directories
- Blog
- April 25, 2019
Shell in talks to buy BP stake in North Sea gas field: sources
Royal Dutch Shell is in talks to buy BP’s stake in the Shearwater oil and gas field in the British North Sea for roughly $250 million, three industry sources told Reuters.- Joe Barone, Shale Directories
- Blog
- April 24, 2019
Sempra completes $2.5B sale of U.S. renewables, gas storage assets
Energy infrastructure company Sempra Energy has completed the sale of its U.S. renewables business and non-utility natural gas storage assets for roughly $2.5 billion in cash, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 24, 2019
Murphy announces $1.38B deepwater Gulf of Mexico acquisition
Murphy Oil Corp. announced its Murphy Exploration & Production Company – USA unit is acquiring deepwater Gulf of Mexico assets from LLOG Exploration Offshore and LLOG Bluewater Holdings for $1.38 billion in cash, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 23, 2019
Southern Power selling wood-fired plant for $460M
Southern Co.’s Southern Power wholesale energy provider unit is selling the Nacogdoches Generating Facility to community utility Austin (Texas) Energy for $460 million, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 22, 2019
Will Chevron Dump its M-U Assets to Chase Permian Black Gold?
This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page.- Joe Barone, Shale Directories
- Blog
- April 15, 2019
Permian Love Story: Chevron Buying Anadarko in $50B Megamerger
This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page.- Joe Barone, Shale Directories
- Blog
- April 12, 2019
Brightmark closes $260M financing for plastics-to-fuel plant
Waste and energy development company Brightmark Energy Thursday announced the closing of a $260 million financing package for construction of the nation’s first commercial-scale plastics-to-fuel plant, to be built in Ashley, Indiana.- Joe Barone, Shale Directories
- Blog
- March 28, 2019
Allete closes $270M sale of U.S. Water Services
Minnesota-based energy company Allete said Wednesday it’s closed the $270 million sale of U.S. Water Services to Kurita Water Industries Ltd., a Japan-based water-management company.- Joe Barone, Shale Directories
- Blog
- March 22, 2019
Denbury/Penn Virginia Merger Aborted – PV Shareholder Resistance
This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page.- Joe Barone, Shale Directories
- Blog
- March 22, 2019
Rice brothers announce director nominees for EQT board
Toby Z. and Derek A. Rice have delivered on a months-ago promise to EQT Corp.’s board and management to run their own people to man the independent producer’s board.- Joe Barone, Shale Directories
- Blog
- March 22, 2019
Murphy Oil selling Malaysian portfolio for $2.13B in cash
Murphy Oil Corp. said Thursday a subsidiary has signed a deal to sell its two primary Malaysian subsidiaries to a PTT Exploration and Production Public Company Ltd.- Joe Barone, Shale Directories
- Blog
- March 18, 2019
ArcLight affiliate acquiring American Midstream
American Midstream Partners announced this morning an affiliate of private equity firm ArcLight Energy Partners is acquiring the midstreamer in an all-cash deal valued at $5.25 per share.- Joe Barone, Shale Directories
- Blog
- March 15, 2019
Equitrans Buys 2 Pipeline Systems in Marcellus/Utica for $1B
This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page.- Joe Barone, Shale Directories
- Blog
- March 14, 2019
Antero Resources receives $297M from Antero Midstream melding
Colorado-based Antero Resources said Wednesday it’s received $297 million in cash related to the melding of Antero Midstream Partners (AM) and its general partner entity, Antero Midstream GP (Amgp).- Joe Barone, Shale Directories
- Blog
- March 12, 2019
Antero Midstream, Amgp announce simplification approval
Antero Midstream Partners (AM) and the partnership’s general partner, Antero Midstream GP (Amgp), said Monday AM’s unitholders and Amgp’s shareholders voted to approve the previously announced “simplification” transaction between the companies.- Joe Barone, Shale Directories
- Blog
- March 8, 2019
Hess Infrastructure closes buy of Hess Corp.’s Bakken water business
Hess Infrastructure Partners, a midstream joint venture between Hess Corp. and Global Infrastructure Partners, has closed the $225 million cash deal for Hess’ Bakken water services business.- Joe Barone, Shale Directories
- Blog
- March 4, 2019
NGL Energy closes buy from DCP Midstream
NGL Energy Partners said it’s closed the previously announced deal to acquire seven natural gas liquids terminals in the Eastern U.S.- Joe Barone, Shale Directories
- Blog
- March 1, 2019
Blue Ridge Merges with Eclipse, Renamed to Montage Resources
This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page.- Joe Barone, Shale Directories
- Blog
- March 1, 2019
Eclipse, Blue Ridge close merger, change name
Eclipse Resources and Blue Ridge Mountain Resources said Thursday they’ve completed their merger, announced last August, with the melded company now known as Montage Resources Corp.- Joe Barone, Shale Directories
- Blog
- February 26, 2019
Marathon signs pact to sell U.K. businesses for $140M
Marathon Oil said Monday the company has entered into a share purchase agreement through its subsidiaries for the sale of its U.K.- Joe Barone, Shale Directories
- Blog
- February 26, 2019
Marathon signs pact to sell U.K. businesses for $140M
Marathon Oil said Monday the company has entered into a share purchase agreement through its subsidiaries for the sale of its U.K.- Joe Barone, Shale Directories
- Blog
- February 26, 2019
Sempra to begin sales process for Peru, Chile operations
Sempra Energy on Monday announced it will initiate the formal process to sell its 83.6% stake in Luz del Sur S.A.A.- Joe Barone, Shale Directories
- Blog
- February 26, 2019
Sempra to begin sales process for Peru, Chile operations
Sempra Energy on Monday announced it will initiate the formal process to sell its 83.6% stake in Luz del Sur S.A.A.- Joe Barone, Shale Directories
- Blog
- February 25, 2019
Targa to sell stake in Badlands assets for $1.6B
Targa Resources has agreed to sell a 45% stake in its midstream assets in North Dakota to funds managed by Blackstone units GSO Capital Partners and Blackstone Tactical Opportunities for $1.6 billion in cash.- Joe Barone, Shale Directories
- Blog
- February 22, 2019
QEP, Vantage cancel Williston deal
Independent oil and gas producer QEP Resources and Vantage Energy Acquisition this week officially canceled their proposed $1.7 billion deal in which QEP would sell its Williston Basin assets.- Joe Barone, Shale Directories
- Blog
- February 15, 2019
Making EQT into Rice Energy not possible
EQT Corp. executives performed the usual financial presentations and back and forth discussion with a handful of analysts during Thursday’s fourth-quarter/full-year conference call.- Joe Barone, Shale Directories
- Blog
- February 14, 2019
Rice Brothers ask EQT to return annual meeting to April
The Rice Brothers won’t let EQT Corp’s management or board forget they’re sitting on the independent producer’s doorstep, ready to take over the company that took over their company in late 2017.- Joe Barone, Shale Directories
- Blog
- February 12, 2019
EQT Acquires Kodiak Gas Services
Sweden’s EQT Infrastructure III fund announced Monday it’s acquired U.S. contract compression company Kodiak Gas Services from private investment firm The Stephens Group for an undisclosed price.- Joe Barone, Shale Directories
- Blog
- February 11, 2019
Blue Ridge shareholders approve merger with Eclipse
Eclipse Resources and Blue Ridge Mountain Resources said today Blue Mountain’s shareholders have approved Eclipse’s all-stock deal for its fellow Utica Shale independent producer.- Joe Barone, Shale Directories
- Blog
- February 8, 2019
Vistra acquiring Crius, creates large residential power provider
Vistra Energy and Crius Energy Trust said Thursday Vistra will acquire Crius Energy for roughly $436 million, including the assumption of $108 million of debt.- Joe Barone, Shale Directories
- Blog
- February 1, 2019
Blackstone Buys Controlling Interest in Tallgrass Energy
This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page.- Joe Barone, Shale Directories
- Blog
- January 31, 2019