M&A

Coterra announces accretive Permian Basin acquisitions

November 13, 2024

(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

Gran Tierra Energy Inc.’s acquisition of i3 Energy approved by i3 Energy shareholders

October 8, 2024

(Oil & Gas 360) – CALGARY, Alberta, Oct. 07, 2024 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced that the shareholders of i3 Energy plc, a public limited company organized under the laws of England and Wales (“i3 Energy”), have approved Gran Tierra’s previously announced acquisition of i3 Energy (the “Acquisition”). This approval satisfies one of the conditions to

Prairie Operating Co. completes acquisition of oil-weighted DJ Basin assets from Nickel Road Operating

October 2, 2024

(Oil & Gas 360) – HOUSTON, Texas, Oct. 02, 2024 (GLOBE NEWSWIRE) — Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announced the closing of its previously announced $84.5 million acquisition of the oil-weighted assets of Nickel Road Operating, LLC (“NRO”), a portfolio company of Vortus Investment Advisors, LLC. The NRO acquisition was funded with the proceeds from a

Axis announces merger with Brigade

October 1, 2024

(World Oil) – Axis Energy Services LLC and Brigade Energy Services LLC jointly announced the closing of an agreement to merge and form the nation’s largest and most innovative well servicing company with the best-trained workforce. The merger combines two high-growth organizations that have pioneered new ways to create value for an oil and natural gas industry seeking to become

Chesapeake Energy and Southwestern Energy complete merger and provide third quarter earnings conference call Information, company rebranded as Expand Energy

October 1, 2024

(Oil & Gas 360) – OKLAHOMA CITY, Oct. 01, 2024 (GLOBE NEWSWIRE) — Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company (NYSE: SWN) today closed on their previously announced combination. The combined company has been rebranded as Expand Energy Corporation. Expand Energy’s common stock will commence public trading on the NASDAQ under the ticker “EXE” at the open of

BREAKING NEWS: Hess CEO will not join Chevron’s board following $53 billion merger in deal with FTC

September 27, 2024

(World Oil) – Chevron Corp. agreed that Hess Corp. Chief Executive Officer John Hess won’t join the company’s board as part of an agreement with the U.S. Federal Trade Commission, allowing the companies’ merger to proceed, people familiar with the matter said. The condition allows Chevron to move forward with its $53 billion acquisition of Hess, said the