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The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron’s purchase of Hess as soon as this week, two people familiar with the matter said, leaving Exxon Mobil’s challenge to the $53 billion deal as its final hurdle. The proposed merger was first …
FTC Set to Greenlight Chevron’s $53 Bln Buy of Oil Rival Hess, Sources Say Read More »
Chesapeake Energy’s $7 billion acquisition of rival natural gas producer Southwestern Energy is expected to close early in the fourth quarter, CEO Nick Dell’Osso said on Wednesday. The deal was delayed earlier this year after the U.S. Federal Trade Commission requested additional information from the two. Chesapeake announced the all-stock purchase in January and originally …
Chesapeake Energy Says Deal for Southwestern Energy to Close Early in 4Q Read More »
Quantum Capital Group has acquired Caerus Oil and Gas for about $1.8 billion including liabilities. Houston, Texas-based Quantum announced the closing of the deal in a statement on Monday. Bloomberg News reported in June that Quantum would buy the Rocky Mountain energy explorer. It’s doing the deal through portfolio companies QB Energy and Koda Resources. QB Energy is acquiring …
Quantum Capital Seals $1.8 Billion Deal for Caerus Oil and Gas Read More »
Quantum Capital Group has acquired Caerus Oil and Gas for about $1.8 billion including liabilities. Houston, Texas-based Quantum announced the closing of the deal in a statement on Monday. Bloomberg News reported in June that Quantum would buy the Rocky Mountain energy explorer. It’s doing the deal through portfolio companies QB Energy and Koda Resources. QB Energy is acquiring …
Quantum Capital Seals $1.8 Billion Deal for Caerus Oil and Gas Read More »
Summary Panel to consider independent appraisal of Hess Guyana Exxon sees Chevron-Hess merger as disguised asset buy, say sources Hess Guyana makes up 70% of Chevron’s $53 bln bid, say analysts Chevron, Hess see appraisal as irrelevant to arbitration case Aug 20 Chevron last October offered to pay $53 billion for Hess, one of the two biggest deals …
Hess Guyana’s Secret Value Becomes Part of Exxon Arbitration, Sources Say Read More »
Summary Panel to consider independent appraisal of Hess Guyana Exxon sees Chevron-Hess merger as disguised asset buy, say sources Hess Guyana makes up 70% of Chevron’s $53 bln bid, say analysts Chevron, Hess see appraisal as irrelevant to arbitration case Aug 20 Chevron last October offered to pay $53 billion for Hess, one of the two biggest deals …
Hess Guyana’s Secret Value Becomes Part of Exxon Arbitration, Sources Say Read More »
Establishes QB Energy to Own and Operate the Piceance Assets Existing Quantum Portfolio Company KODA Resources to Own and Operate the Uinta Assets HOUSTON, Aug. 19, 2024 (GLOBE NEWSWIRE) — Quantum Capital Group (“Quantum”) and Caerus Oil and Gas (“Caerus”) today announced the closing of a transaction under which Quantum, via two separate portfolio companies, …
Quantum Capital Group Acquires Assets from Caerus Oil and Gas for $1.8 Billion Read More »
(Reuters) The private equity owner of Maverick Natural Resources is exploring a potential sale that could value the U.S. oil and gas producer at nearly $3 billion, including debt, according to people familiar with the matter. The Houston-based exploration and production company, which is owned by energy-focused investment firm EIG, is working with investment bankers …
Energy Producer Maverick’s Owner Explores Sale Valuing it at $3 Billion, Sources Say Read More »
Exxon, Chevron helped drive robust year for dealmaking Smaller producers like Devon, Permian Resources clinched deals Bloomberg News Some shale producers are seeking deals even as the biggest names in oil and gas, Exxon Mobil Corp. and Chevron Corp., remain on the sidelines digesting their mega mergers after a blistering run. Dealmaking activity in the sector is poised …
Oil Patch M&A Wave Recedes While Majors Digest Deals Read More »
Company pushes further into ranks of biggest energy producers Acquisition follows C$1.5 billion Bonavista deal last year Tourmaline Oil Corp. agreed to buy Crew Energy Inc. for C$1.3 billion ($947 million) as Canada’s biggest gas driller pushes to grow production in anticipation of rising gas demand for power and exports. The all-stock transaction is valued at approximately C$6.69 …
Tourmaline Oil to Buy Crew Energy in $947 Million Deal Read More »
