Chesapeake Energy announces sale of final Eagle Ford package for $700MM
Chesapeake Energy Corporation has executed an agreement to sell its remaining Eagle Ford assets to SilverBow Resources, Inc. for $700 million, bringing the total proceeds from its Eagle Ford exit to more than $3.5 billion. “We are pleased to have successfully completed the exit of our Eagle Ford asset, allowing us to focus our capital […]
HF Sinclair and Holly Energy Partners announce definitive merger agreement
HF Sinclair Corporation and Holly Energy Partners, L.P. announced that they have entered into a definitive merger agreement for HF Sinclair to acquire all of the outstanding common units of HEP not owned by HF Sinclair or its affiliates in exchange for a combination of common stock, par value $0.01 per share, of HF Sinclair and cash. The agreement […]
Energy Transfer to acquire Crestwood in $7.1 billion all-equity transaction
Energy Transfer LP (Energy Transfer) and Crestwood Equity Partners LP (Crestwood) announced that the parties have entered into a definitive merger agreement pursuant to which Energy Transfer will acquire Crestwood in an all-equity transaction valued at approximately $7.1 billion, including the assumption of $3.3 billion of debt, based on the closing price on August 15, […]