Acquisitions and Divestitures News

Galaxie to Sell Assets of Major Spiral Welded Steel Pipe Producer in Turkey
Turkey >> 8/22/2023 - Emek Boru, a large spiral welded steel pipe producer for the oil, gas, construction, water, and waste transmission industries, is selling all of its major assets at its plant in Ankara, Turkey. Emek B...
Permian Resources to Acquire Earthstone Energy in All-Stock Transaction
United States >> 8/21/2023 - Permian Resources Corporation (“Permian Resources”) (PR) and Earthstone Energy, Inc. (“Earthstone Energy” or “Earthstone”) (ESTE) announced that they have entered into a definitive agreement under whi...
TotalEnergies Acquires a 26% Interest in the Cash-Maple Gas Discoveries
Australia >> 8/21/2023 - TotalEnergies and INPEX have signed an agreement with PTTEP in order to acquire the 100% interest held by PTTEP in the AC-RL7 permit in Australia. Under the terms of the agreement, which is subject to...
Piedmont Lithium Plans Development Funding for Ewoyaa
United States >> 8/17/2023 - Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading global producer of lithium resources critical to the U.S. electric vehicle supply chain, today announced the Company w...
Orsted Completes Divestment of 25 % of London Array Offshore Wind Farm
United Kingdom >> 8/17/2023 - Further to the press release issued on 24 July 2023, Ørsted has completed the divestment of 25 % of the London Array Offshore Wind Farm to funds managed by Schroders Greencoat.
Ring Energy Closes the Founders Oil & Gas Permian Basin Assets Acquisition
United States >> 8/16/2023 - Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced it has completed its previously announced acquisition (the “Transaction”) of the Central Basin Platform (“CBP”) assets ...
Gracious Living Announces Strategic US Expansion
United States >> 8/16/2023 - Gracious Living, a leading Canadian manufacturer of proprietary and contract plastic products based in Vaughan, Ontario, today announced the acquisition of an active injection molding operation in Mor...
EQT Clear to Close Acquisition of Tug Hill and XcL Midstream
United States >> 8/16/2023 - EQT Corporation (NYSE: EQT) ("EQT" or the "Company") today announced that the U.S. Federal Trade Commission (the "FTC") has resolved its review of EQT's agreement with THQ Appalachia I, LLC ("Tug Hill...
Earthstone Announces Closing of the Novo Acquisition
United States >> 8/15/2023 - Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone”, the “Company”), today announced the closing of the acquisition of the northern Delaware Basin assets of Novo Oil & Gas Holdings, LLC (“Novo”).
NOG Closes Novo Acquisition
United States >> 8/15/2023 - Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG”) closed its previously announced acquisition of Northern Delaware Basin assets from Novo Oil & Gas Holdings, LLC, an EnCap portfolio company (“Novo”), on ...
SilverBow Resources Announces Transformational Acquisition of Chesapeake’s South Texas Position
United States >> 8/14/2023 - SilverBow Resources, Inc. has entered into an agreement (the “Purchase Agreement”) to acquire Chesapeake Energy Corporation’s (“Chesapeake”) oil and gas assets in South Texas (the “Chesapeake South Te...
BLM Opens Protest Period for Oil and Gas Lease Sale in New Mexico, Oklahoma
Mexico >> 8/14/2023 - The Bureau of Land Management New Mexico State Office today opened a 30-day public protest period to receive public input on eleven oil and gas parcels totaling 595.59 acres that may be included in an...
Buru Strengthens Balance Sheet & Operational Focus with Carnarvon Basin Asset Sale
Australia >> 8/14/2023 - • Buru Energy has sold its interests in its onshore Carnarvon Basin permit and applications to Energy Resources Limited (MinRes) for an immediate cash payment of $5 million.
• The sale is of B...
Chesapeake Energy Announces Sale of Final Eagle Ford Package for $700M
United States >> 8/14/2023 - Chesapeake Energy Corporation has executed an agreement to sell its remaining Eagle Ford assets to SilverBow Resources, Inc. for $700 million, bringing the total proceeds from its Eagle Ford exit to m...
Coro Energy Provides Italian Disposal Update
Italy >> 8/10/2023 - Coro Energy Plc, the Southeast Asian energy company with a natural gas and clean energy portfolio is pleased to announce that the approval of the sale of the Italian portfolio by the Italian regulator...
Petrobras on Pieces of News in the Media
Brazil >> 8/10/2023 - Petrobras, regarding the pieces of news published in the media, about its participation in Braskem, reaffirms that it is currently developing analyses to define the best alternative for the execution ...
Eco Atlantic Acquires Additional 60% Operated Interest in Orinduik Block Guyana from Tullow Oil
Guyana >> 8/10/2023 - Eco (Atlantic) Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to announce that it has signed a Sale Purchase Agreement (the "Agreement") purs...
Harbour Energy Announces Sale of Vietnam Business
Vietnam >> 8/10/2023 - Harbour Energy announces that it has entered into Sale and Purchase Agreements to sell its business in Vietnam, which includes its 53.125 per cent interest in the Chim Sao and Dua producing fields, to...
Proposed Acquisition of Additional 60% Operated Interest in Orinduik Block, by Eco
Guyana >> 8/10/2023 - Westmount Energy Limited the AIM-quoted oil and gas investing company focussed on high impact drilling outcomes in emerging basins, notes the proposed transaction announced today by Eco (Atlantic) Oil...
Empire Petroleum Announces Acquisition of Additional Interests in New Mexico Units
Mexico >> 8/10/2023 - Empire Petroleum, an oil and gas company with current producing assets in Texas, Louisiana, North Dakota, Montana, and New Mexico, announced that on August 9, 2023, it closed on the acquisition of COE...

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