Crescent Point Energy Corp. will buy Legacy Oil & Gas Inc. for CA$563 million (US$453 million) in shares, Bloomberg said. Crescent will gain about 22,000 barrels of oil equivalent daily.
Data analytics provider Verisk Analytics Inc. completed its acquisition of industry research firm Wood Mackenzie Ltd. The purchase price was 1.85 billion British pounds, about US$2.8 billion.
Anthony C. Schnur, CEO of Lucas, said the company is reexamining transactions abandoned after oil prices fell, or abandoned after the Feb. 4 announcement of the merger with Victory.
Services companies have taken the hardest hit in industry from the oil price drop, Bloomberg said. Companies with weaker balance sheets might need to consider mergers to survive.
With offices in Hong Kong, Singapore and New York, the acquisition of APC will expand Argan’s operations internationally.
Calgary, Alberta-based Talisman’s common shares will delist from the Toronto Stock Exchange and the New York Stock Exchange. All preferred shares will delist from the Toronto Stock Exchange.
LNG exports are an important future market for organizations’ members’ production, said Dena E. Wiggins, president and CEO of Natural Gas Supply Association. Both organizations are based in Washington, D.C.
Shell CEO Ben Van Beurden is in China discussing how Shell and BG Group merger won’t negatively affect China. But Shell/BG will have clout in global LNG market, Bloomberg said.
Talisman Energy Inc. (NYSE: TLM) said April 30 that Spain’s Repsol SA’s $13 billion purchase of the Calgary company is set to close on May 8.
Energy Transfer Partners LP (ETP) and Regency Energy Partners LP announced the completion of their previously announced merger of an indirect subsidiary of ETP.
An agreement and merger plan under which Regency Energy Partners becomes wholly owned subsidiary of Energy Transfer Partners was approved. The agreement and merger plan is from Jan. 25.
Combined, maintenance, repair and overhaul company Houma Armature Works and industrial technology company Ward Leonard will provide the industry with purpose-built motor and generator service solutions.
|E&P||USD 614||Members only||Eagle Rock Energy Partners LP|
|E&P||USD 35.5||Members only||Atlas Energy Group LLC|
|E&P||USD 40.8||Members only||Magnum Hunter Resources Corp.|
|S&S||USD 2800||Members only||Wood Mackenzie|