mergers and acquisitions
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The Energy Council, a London-based networking platform, has released a survey of its 100,000 members suggesting that the finance and investment community has money and an appetite to continue to fund E&P exploration, particularly in gas.
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Added assets raise its Delaware Basin daily disposal capacity to more than half a million barrels.
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The filing is part of a plan to restructure the DJ Basin operator while completing a previously signed merger agreement.
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The infrastructure engineering software firm is expected to pay more than $1 billion to acquire geological and geophysical modeling software developer Seequent.
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The combined company will move forward as Expro Group and maintain an operational headquarters in Houston.
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The deal adds acreage in North Dakota’s Williston Basin.
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A new offshore service company has been created combining Baker Hughes’ subsea equipment operation and the drilling hardware made by MHWirth. The joint venture’s goal is to grow and go public.
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The deal fills a gap in the software developer's production line that is focused on drilling, production, and land management applications.
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Debt-riddled Premier will emerge as Harbour, seen valued at around $5 billion.
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The deal seeks to add 151,000 acres to the Calgary-based oil company's portfolio for price of $465 million.