Mergers, Acquisitions & Divestitures – Page 2

Mitsubishi enters U.S. shale gas with $5.2 billion Haynesville acquisition

January 16, 2026

(World Oil) – Mitsubishi Corporation has agreed to acquire Aethon Energy’s Haynesville shale gas business in a $5.2 billion equity transaction, marking the Japanese trading house’s first direct entry into the U.S. shale gas sector across the full value chain. The deal, announced Jan. 16, will see Mitsubishi Corporation acquire all equity interests in Aethon III LLC, Aethon United LP and related entities from

Coterra, Devon in talks over potential Permian mega-merger

January 15, 2026

(World Oil) – Coterra Energy Inc. is exploring a combination with Devon Energy Corp., according to people familiar with the matter, a potential tie-up between two shale explorers that would be among the biggest oil and gas deals in years. The companies — both with large positions in the oil-rich Permian Basin — are holding talks about a possible merger, said the people,

1776 Energy sells Eagle Ford assets to Silver Hill Energy

January 14, 2026

(World Oil) – 1776 Energy, a portfolio company of Quantum Capital Group, has closed the sale of its South Texas oil and gas assets to Silver Hill Energy Partners, continuing consolidation activity in the mature Eagle Ford shale. The transaction includes approximately 17,500 net acres and an estimated 550 gross drilling locations primarily across Karnes and Gonzales counties, Texas. The assets are prospective across

Vickery Energy acquires Marcellus gas assets from Tribune Resources

January 8, 2026

(World Oil) – Vickery Energy Partners has closed the acquisition of natural gas assets in the Appalachian basin from Tribune Resources, adding approximately 38,000 net acres and more than 200 MMcfe/d of net production across Wetzel, Tyler, Harrison and Doddridge counties in West Virginia. The assets include development inventory in both the wet and dry windows of the Marcellus Shale, providing

Continental Resources expands Vaca Muerta position through Pan American Energy agreement

January 5, 2026

(World Oil) – Continental Resources has signed an asset sale and purchase agreement with Pan American Energy to acquire non-operated interests in four blocks within Argentina’s Vaca Muerta shale play, further strengthening its footprint in one of the world’s most prolific unconventional basins. The assets are located in the Neuquén basin and will remain operated by Pan American Energy. Financial terms of the transaction

bp reshapes portfolio with $10.1 billion Castrol sale, accelerating energy strategy shift

December 29, 2025

(World Oil)– bp has agreed to sell a majority controlling interest in its global lubricants subsidiary Castrol to Stonepeak in a transaction valuing the business at approximately $10.1 billion, marking one of the supermajor’s most significant portfolio shifts in recent years. bp will retain a 35% share in Castrol following closing, maintaining strategic linkage to the lubricants business while freeing

Harbour Energy enters U.S. Gulf with strategic $3.2 billion acquisition

December 22, 2025

(Oil Price)– Harbour Energy has agreed to buy Louisiana-based privately-held LLOG Exploration Company for $3.2 billion in a strategic deal that will establish a foothold for the UK-based oil and gas producer in the deepwater U.S. Gulf of Mexico. Harbour Energy on Monday announced that it has entered into an agreement to acquire LLOG Exploration Company LLC from LLOG Holdings LLC for

Cygnet Energy Ltd. and Kiwetinohk Energy Corp. announce completion of arrangement

December 19, 2025

(BOE Report)– Cygnet Energy Ltd. (“Cygnet“) and Kiwetinohk Energy Corp. (“Kiwetinohk“) (TSX: KEC) are pleased to announce the completion of the acquisition of Kiwetinohk by Cygnet. As previously announced, all outstanding common shares of Kiwetinohk (the “KEC Shares“) were acquired by Cygnet pursuant to a plan of arrangement under Section 192 of the Canada Business Corporations Act (the “Arrangement“) for $24.75 per KEC Share. As part of the

JAPEX secures DJ basin tight oil assets in $1.3-billion Verdad deal

December 19, 2025

(World Oil)– Japan Petroleum Exploration Co., Ltd. (JAPEX) has approved the acquisition of U.S. tight oil and gas assets through the purchase of all equity interests in Verdad Resources Intermediate Holdings LLC, marking a significant expansion of its North American upstream portfolio. The transaction will be executed via Peoria Resources Acquisition Company, LLC, an overseas subsidiary managed by Peoria Resources,

Why Canada’s hottest shale play is catching the eye of US producers

December 18, 2025

(BOE Report)– U.S. oil and gas producers in search of fresh drilling territory are looking to expand in Western Canada’s Montney basin, a remote yet massive shale play that is already a hotbed of M&A activity and could see more deals soon, according to executives, analysts and advisors. Extensive drilling in U.S. shale fields over the past 15 years or

Vista signals new Vaca Muerta shale M&A as it seeks shareholder approval

December 18, 2025

(World Oil)– Vista Energy SAB, one of Argentina’s top oil producers, is looking to acquire new assets in the booming Vaca Muerta shale patch and may fund a purchase by selling equity. Vista has called a shareholder meeting for Jan. 27 where it will propose carrying out one or more acquisitions, according to a regulatory filing. The meeting is not

Japan’s JAPEX buys US tight oil and gas assets in $1.3 billion deal

December 18, 2025

(BOE Report)– Japan Petroleum Exploration said on Thursday it will acquire Verdad Resources Intermediate Holdings LLC (VRIH), which owns tight oil and gas assets in the U.S. for $1.3 billion in its largest-ever deal. JAPEX will buy VRIH, which holds assets in Colorado and Wyoming, from Verdad Resources Feeder LLC using a mix of its own funds and debt. The

Premium Content