Friday, April 4, 2025
Coterra Energy closes $3.9 billion deal in Permian basin- oil and gas 360

Coterra Energy closes $3.9 billion deal in Permian basin

(World Oil) – Coterra Energy has completed its previously announced acquisitions consisting of certain assets of Franklin Mountain Energy and Avant Natural Resources and its affiliates for aggregate consideration of approximately $3.9 billion, subject to certain post-closing purchase price adjustments. “Through the hard work of Franklin Mountain Energy, Avant Natural Resources, and the Coterra team, we are pleased to have

Halliburton, Coterra launch first fully automated hydraulic fracturing program- oil and gas 360

Halliburton, Coterra launch first fully automated hydraulic fracturing program

(World Oil) – Halliburton and Coterra Energy announced the launch of autonomous hydraulic fracturing technology in North America with the Octiv® Auto Frac service, which is part of the ZEUS platform. This technology automates stage delivery execution with the push of a button. Coterra is the first operator to fully automate and control their hydraulic fracturing design and execution. The Octiv Auto

Coterra announces accretive Permian Basin acquisitions- oil and gas 360

Coterra announces accretive Permian Basin acquisitions

(Oil & Gas 360) – HOUSTON–(BUSINESS WIRE)– Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today announced it has entered into two separate definitive agreements to acquire certain assets of Franklin Mountain Energy and Avant Natural Resources and its affiliates for aggregate consideration of $3.95 billion, consisting of $2.95 billion of cash and $1.0 billion of Coterra common stock, issued to one