Acquisitions and Divestitures News in United States

Cenovus Acquiring Outstanding 50% Interest in Toledo Refinery
8/8/2022 - Cenovus Energy Inc. (CVE) has reached an agreement to purchase bp’s 50% interest in the bp-Husky Toledo Refinery in Ohio. Cenovus has owned the other 50% of the refinery since its combination with Hus...
Enterprise Announces Three Expansions in the Permian Basin
8/3/2022 - Enterprise Products Partners L.P. (EPD) announced three organic growth projects to expand its footprint in the Permian Basin to support ongoing production growth in the basin. The projects include the...
Nickel Road Operating Announces Strategic Divestiture in the DJ Basin
7/28/2022 - Nickel Road Operating LLC has strategically divested a portion of its assets in the Denver-Julesberg ("DJ") Basin to Bayswater Exploration and Production, LLC ("Bayswater"). The assets are positioned ...
Diversified Energy Announces Complementary Central Region Acquisition
7/28/2022 - Diversified Energy Company PLC has entered into a Purchase and Sale Agreement ("PSA") to acquire certain upstream assets and related facilities (the "Assets") in Oklahoma and Texas, within the Company...
Cypress Creek Renewables Acquires 400MW from Black Mountain Energy Storage
7/25/2022 - Cypress Creek Renewables has added 400MW/600MWh to its storage portfolio after acquiring four Texas standalone energy storage projects from Black Mountain Energy Storage (BMES). The projects, each 100...
Gravity Signs Two New Gathering & Disposal Agreements in the Bakken
7/21/2022 - Gravity, a growth-oriented water and power infrastructure company backed by affiliates of Clearlake Capital Group, L.P. ("Clearlake"), announced it has signed two new produced water gathering and disp...
Devon Energy Completes Acquisition of Williston Basin Bolt-On
7/21/2022 - Devon Energy Corp. (NYSE: DVN) today announced that it has completed its previously announced acquisition of the leasehold interest and related assets of RimRock Oil and Gas, LP in the Williston Basin...
Lodestone Energy Announces its Acquisition of Midland Basin Assets
7/20/2022 - Hibernia Resources III, LLC ("Hibernia") sold assets to Lodestone Energy Partners II, LP ("Lodestone Energy"), to be run by BCP Resources, LLC ("BCP Resources"). ...
EnCap Flatrock Midstream Commits $200M to Vecino Energy's Equity
7/19/2022 - Vecino Energy Partners, LLC ("Vecino") stated that its management team, EnCap Flatrock Midstream ("EnCap Flatrock"), and other investors have committed $200 million in equity to the company. Vecino in...
FGE Power Announces Sale of FGE Goodnight Wind Farm Project to Omega Energia
7/18/2022 - FGE Power, LLC (Austin-based developers of large-scale renewable energy projects) announces the sale of 100% ownership of FGE Goodnight wind project to Omega Energia, a renewable energy company headqu...
Magellan Extends Open Season to July 29 for Refined Products Pipeline System to El Paso
7/15/2022 - Magellan Midstream Partners, L.P. announced the extension of our open season to solicit customer commitments for the potential expansion of our refined petroleum products pipeline system from the Hous...
Amber Completes Divestment of Solar Project in Upstate New York
7/14/2022 - Amber Infrastructure (‘Amber’), the international infrastructure specialist, is pleased to announce that together with its development partner Hudson Energy Enterprises (‘Hudson’), it has successfully...
Fundare Resources Closes Acquisition of Green River Basin Asset
7/12/2022 - Fundare Resources Company, LLC has completed an acquisition of oil and gas assets in the Green River Basin of Wyoming from HRM Resources III, LLC (“HRM”). Following a transition period, Fundare’s mana...
Strategic Storage Trust VI, Inc. Acquires Storage Facility in the Jacksonville MSA
7/11/2022 - Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced the acquisition ...
Crestwood Closes Series of Transactions & Updates its Board of Directors
7/11/2022 - Sendero Midstream Partners LP ("Sendero") for over $600 million in cash, and First Reserve's 50% stake in Crestwood Permian Basin Holdings LLC ("CPJV") for 11.3 million Crestwood common units, were bo...
Allied Energy Buys the Thiel Lease, Growing its Natural Gas Holdings
7/8/2022 - Allied Energy Corp (AGYP), a producing oil and gas company focused on the leasing and reworking of oil and gas reserves in one of the most prolific hydrocarbon area in the United States, is pleased to...
Freehold Royalties to purchase assets in the Eagle Ford & Midland Basins of US
7/7/2022 - Freehold Royalties Ltd. (Freehold or the Company) (FRU) has entered into definitive agreements with two private sellers to acquire high-quality U.S. mineral title and royalty assets located in the Mid...
Ovintiv to sell Portions of its Uinta & Bakken Assets for Approximately $250M
7/6/2022 - Ovintiv Inc. (OVV) (OVV) reported that it has agreements in place to sell a portion of its properties located in the Uinta and Bakken Basins to two counterparties for a combined sum of about $250 mill...
Onward Energy to Acquire 1,171 MW Operating Solar Portfolio from Global Atlantic
7/5/2022 - Onward Energy has entered into a binding agreement to purchase 100% of the cash equity interests in a 1,171 MW operating solar portfolio from Global Atlantic Financial Group ("Global Atlantic"). The p...
SilverBow Resources Announces Closing of Sundance Acquisition and Updated Outlook
7/5/2022 - SilverBow Resources, Inc. has closed its previously announced acquisition of substantially all of the oil and gas assets from Sundance Energy, Inc. and certain affiliated entities, (collectively, “Sun...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Industrial Development Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.