Deals - Acquisition, Mergers, Divestitures
A&D Wrap-Up: Who's Selling & Who's Buying
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Quite a few notable deals have been initiated in recent weeks by a variety of players across numerous plays.
Here are a few of the transactions that have caused a stir in recent weeks. The plays featured in the transactions include the Eagle Ford, Woodford, Permian Wolfbone as well as some international assets.
Asset Transactions:Sanchez to Acquire Eagle Ford Assets from Hess - The deal consists of approximately 13.4 MMBOE of proved reserves, 4,500 BOE/D of current production and approximately 43,000 net acres in Dimmit, Frio, LaSalle, and Zavala Counties in South Texas. The purchase price for the package is $265 million in cash.
BNK to Hand Off Woodford Lease to XTO - The sale features the Tishomingo Field prospect assets in Oklahoma, excluding BNK's Caney and upper Sycamore formations…
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