Acquisitions & Divestitures

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Ceona Services Sells PDi Engineering Subsidiary

PDi, which provides multi-discipline engineering and project management for the oil and gas industry, was acquired by Ceona in 2012 to augment Ceona Group.

Erin Pedigo
Fri, 02/05/2016 - 11:08
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Marketed: South Texas Mineral Interests, Eagle Ford Shale

Anita G. Bruni Family Interests is offering certain mineral interests in the Cibolo Ranch area in Webb County, Texas.

The Oil & Gas Asset Clearinghouse has been retained as the exclusive technical, marketing and transaction adviser for the sale.

The offering is comprised of about 1,737 gross undivided mineral interests with productive targets of the Eagle Ford Shale and Lower Wilcox/Lobo Gas Play.

Emily Moser
Fri, 02/05/2016 - 09:49
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Spyglass Resources' Western Canadian Assets On The Market

The assets include working interests in 545,894 gross acres gross acres of land in Alberta and British Columbia (including 345,708 net undeveloped acres).

Emily Moser
Thu, 02/04/2016 - 07:30
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Australia's AGL Will Exit Gas Production Business

Gas project in New South Wales delivered "disappointing gas flow" and "the economic returns to support the investment of approximately AU$1 billion were not adequate," the company said, Reuters reported.

Erin Pedigo
Wed, 02/03/2016 - 17:21
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Recently-Formed Resource Energy Reveals Williston Acquisition

The deal, the company's first, included 112 total wells, 54 operated, with 2,300 barrels of operated oil equivalent per day production in the Williston.

Emily Moser
Wed, 02/03/2016 - 08:03
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Tidewater To Buy Alberta Deep Basin Gas Processing, Gathering Assets

The assets include 100% working interest in select Deep Basin and central Alberta gas processing facilities and related infrastructure. The majority are located in Tidewater's core West Pembina region.

Emily Moser
Wed, 02/03/2016 - 07:53
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NGL Energy Partners Closes Sale Of TransMontaigne GP Ownership Interests

In connection with the transaction, TransMontaigne Partners LP’s senior secured credit facility was amended, reflecting ArcLight as the indirect owner of the general partner interest.

Erin Pedigo
Tue, 02/02/2016 - 16:38
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Touchstone Closes Kerrobert Disposition In Saskatchewan

The disposition included 6,739 acres of developed and undeveloped land at Kerrobert and mineral rights associated with 10,881 acres of undeveloped land around Edam, Saskatchewan.

Erin Pedigo
Tue, 02/02/2016 - 16:06
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Zenith Energy Acquires Amsterdam Terminaling Assets from From BP

Facility stores more than 6 million barrels of gasoline, ethanol, middle distillates, biodiesel, kerosene and LPG. Terminal assets are on the North Sea Canal in Amsterdam, Rotterdam and Antwerp region.

Erin Pedigo
Tue, 02/02/2016 - 11:26
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Marketed: Occidental Permian Operations, Leasehold Acreage

Occidental Petroleum Corp. (NYSE: OXY) is divesting 19 Permian Basin wells and associated leasehold acreage in a sealed bid offering.

The assets are located in Pecos County, Texas. EnergyNet has been retained by a subsidiary of the Houston company, OXY USA Inc., to handle the transaction.

The Permian is home to Occidental's domestic core asset. According to its website, the company has about 5 million gross acres with more than 12,000 operated gross wells in the basin.

Emily Moser
Tue, 02/02/2016 - 09:48
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PBF Logistics To Buy Four US Refined Product Terminals

PBF Logistics said the deal, which will add third-party customers to its revenue base, is expected to close in the second quarter.

Emily Moser
Tue, 02/02/2016 - 07:41
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Tourmaline Oil Snags Alberta Deep Basin Assets

Current production is ranging between 4,500 and 5,000 boe/d.The assets also have multiple additional development opportunities in the Notikewin and Falher C formations.

Emily Moser
Tue, 02/02/2016 - 07:30

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