Tag: transaction
Southern Company, Kinder Morgan enter natural gas pipeline venture
“We plan to use all of the proceeds from this transaction to reduce debt at KMI” HOUSTON – Southern Company and Kinder Morgan, Inc. have announced a natural gas pipeline venture designed to “advance both companies’ leadership in energy infrastructure development” through Southern Company’s acquisition of a 50 per cent equity interest in the Southern Natural […]
Reliance Oilfield to acquire FMC Technologies’ North American wireline assets
“FMC Technologies’ highly experienced wireline management team that is joining Reliance brings excellent relationships with both operational staff and customers” TULSA, Okla.- Reliance Oilfield Services, LLC says it will buy FMC Technologies, Inc.’s wireline services business in Canada and the United States. Specific financial terms of the transaction were not disclosed. Reliance says it intends to offer […]
Earthstone Energy enters Midland Basin by acquiring Lynden Energy
Earthstone’s most significant assets are located in the Eagle Ford trend of south Texas, while Lynden Energy Corp’s significant assets are located in the Midland Basin Earthstone Energy, Inc. is acquiring Lynden Energy Corp. in an all-stock transaction, the parties announced Thursday. At closing, Earthstone will issue approximately 3.7 million shares of its common stock to […]
Kinder Morgan acquires control of Natural Gas Pipeline Company of America
Kinder Morgan says transaction values NGPL at a total of $3.4 billion HOUSTON, TX – Kinder Morgan, Inc. and Brookfield Infrastructure Partners L.P. today announced a definitive agreement whereby they will jointly acquire, from Myria Holdings, Inc., the 53 per cent equity interest in Natural Gas Pipeline Company of America LLC (NGPL) not already owned by […]
China-owned Blue Whale Energy buys Permian Basin assets for $1.4 billion
Blue Whale Energy North America is a US subsidiary of energy investment company based in Beijing, China HOUSTON, TX – Blue Whale Energy North America has announced the closing of a transaction with Tall City Exploration LLC and Plymouth Petroleum LLC, both private companies, on behalf of Moss Creek Resources, LLC, for assets in the […]
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