General News | Deals - Acquisition, Mergers, Divestitures
PDC, SRC Energy in Talks for Potential Merger Deal
DJ Basin operators PDC Energy and SRC Energy are in talks regarding a potential merger deal, according to a report by Bloomberg.
If a merger agreement is reached, the resulting company would create one of the largest operators in the DJ Basin / Niobrara.
Pro-Forma Assets:
- DJ Basin Acreage: 186,200 net acres
- Total Acreage: 228,200 net acres
- Production: 179.4 MBOEPD
Pro Forma DJ Basin Acreage:
PDC Delaware Basin Acreage
Recent Deals/Transactions
Date Annouced | Category | Headline | Buyer(s) | Seller(s) | Value ($mm) |
---|---|---|---|---|---|
02/12/2024 | E&P | Diamondback To Acquire Endeavor Energy In $26 Billion Transaction | |||
02/07/2024 | E&P | California Resources To Acquire Aera Energy For $2.1 Billion | |||
01/15/2024 | E&P | Talos Acquires QuarterNorth Energy For $1.2 Billion | |||
01/11/2024 | E&P | Chesapeake To Acquire Southwestern Energy | |||
01/11/2024 | E&P | Prairie Operating Bolt-On DJ Basin Assets From Nickel Road | |||
01/04/2024 | E&P | APA Corp to Acquire Permian Pure Player- Callon In All Stock Deal | |||
12/15/2023 | E&P | TG Natural Resources To Acquire backed-Rockcliff Energy II For $2.7 Billion | |||
12/15/2023 | E&P | Fury Resources Takes Battalion Private In Transaction Worth $450 Million : Map | |||
12/11/2023 | E&P | Oxy Acquires Midland Basin Juggernaut For $12 Billion | |||
11/21/2023 | E&P | Northern Oil Acquires Additional Permian Working Interest; Enters Utica | |||
Total |