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ExxonMobil to Sell Barnett Shale Assets for $750 Million
May 31, 2022
ExxonMobil said it signed an agreement with subsidiaries of BKV Corporation for the sale of operated and non-operated Barnett Shale gas assets in Texas for $750 million with additional payments contingent on future natural gas prices. “We are focused on
HighPeak Energy to Acquire Hannathon Permian Properties for $373.4 Million
May 31, 2022
HighPeak Energy has entered into an agreement to acquire the Howard County assets of Hannathon Petroleum and other non-operated working interest owners. HighPeak currently owns non-operated working interest in approximately 60 percent of the acquired gross acreage position. Purchase consideration
Diversified Energy Acquires Ohio-based Nick’s Well Plugging
May 31, 2022
Diversified Energy Company has acquired privately held Nick’s Well Plugging, further expanding its internal well-retirement capacity. NWP is a well-established plugging service provider headquartered in Warren, Ohio with a combined 50+ years of oil and gas experience, including plugging oil
Diamondback Energy to Acquire Rattler Midstream for $575 Million
May 31, 2022
Diamondback Energy and Rattler Midstream have entered into a definitive agreement for Diamondback to acquire all of the publicly held common units representing the limited partner interests in Rattler not already owned by Diamondback and its subsidiaries. The agreement provides
Canada in Talks to Accelerate Construction of LNG Export Terminals
May 31, 2022
The Canadian government is in discussion with the companies behind two proposed east coast liquefied natural gas (LNG) export facilities to see how it can speed up the projects and help boost supply to Europe, Natural Resources Minister Jonathan Wilkinson
Chevron, Talos, and Carbonvert Enter JV to Develop Bayou Bend CCS Offshore Carbon Capture Hub
May 31, 2022
Chevron U.S.A., through its Chevron New Energies division, Talos Energy, through its Talos Low Carbon Solutions division, and Carbonvert have entered into a memorandum of understanding for an expanded joint venture to develop the Bayou Bend CCS offshore carbon capture
PDC Energy Completes Acquisition of Great Western Petroleum
May 31, 2022
PDC Energy, Inc. has completed its acquisition of Great Western Petroleum, a privately held company based in Denver. The consideration paid was $543 million (less $50 million previously placed into escrow) and approximately 4 million shares of PDC common stock.
CNX and Pittsburgh International Airport Form Partnership to Convert Natgas into Alternative Fuel
May 26, 2022
Pittsburgh International Airport (PIT) announced Monday a new phase of their ongoing partnership with locally-based natural gas company CNX Resources Corp. (CNX) aimed at further reducing carbon emissions in the transportation industry and related sectors by using natural gas produced
Rockcliff Energy Deploys Project Canary Certification Process, Targets Domestic and Export Markets
May 26, 2022
Rockcliff Energy has made the commitment to undergo Project Canary’s TrustWell™ environmental certification on all of the natural gas produced from Rockcliff completed Haynesville Shale wells. Rockcliff’s Haynesville Shale wells represent more than 95 percent of its total production. Thus
U.S. Rep. Bill Johnson Stresses Need for U.S. Energy Independence in Cadiz Visit, Ohio
May 26, 2022
U.S. Rep. Bill Johnson made a stop in Cadiz Friday morning as he hosted a tour of the Ohio Department of Natural Resources Mine Safety Training Center alongside other members of the Congressional Western Caucus. Caucus Chairman Dan Newhsouse, R-Washington,
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