mergers and acquisitions
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Altus brings well intervention technologies, including tractor and power mechanical application solutions. -
Azule Energy, a new E&P company, will be independently managed and one of Angola’s largest oil producers.
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The deal enhances the contractor’s presence in West Africa and provides for expansion in Southeast Asia.
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The combined company will control almost 1 million acres in the Williston Basin and daily production over 165,000 BOE/D.
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Deal expands PDC's D-J Basin holdings into northern Adams County, Colorado.
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The second-largest oil and gas producer in the US says the deal will help meet its goal to produce 100,000 B/D of renewable fuel products by decade's end.
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Acquisitive oilfield contractor has been bolstering its water and waste assets for the past half year.
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The Oklahoma City-based shale gas explorer said the concurrent deals will simplify its portfolio and lower its overall emissions rate.
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Combination announced last November must still gain clearance from authorities in the UK and Denmark.
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The acquisition gives Enterprise’s natural gas and NGL business an entry point into the Midland Basin.
