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23 Aug 26 |
US: Integrating the Delaware Basin: Devon Energy reaches Final Investment Decision on Solitude Pipeline System Devon Energy Corporation has announced a positive Final Investment Decision ('FID') on the Solitude Pipeline System, a WhiteWater-led joint venture that will construct two 48-inch natural gas pipelines connecting the Permian Basin to Katy, TX. Solitude is the latest in a deliberate series of steps Devon has taken to integrate and consolidate the infrastructure supporting its Delaware Basin position. |
23 Aug 26 |
Argentina: Continental Resources to acquire 50% interest in Phoenix Global Resources, forming JV operating company with Mercuria Energy Group Mercuria Energy Group held Phoenix Global Resources has announced that Continental Resources has signed a Heads of Agreement ('HOA') outlining a proposed transaction under which Continental will acquire a 50% interest in Phoenix. Upon completion of the transaction, Mercuria and Continental will become equal owners, forming a 50/50 joint venture operating company focused on the continued development and expansion of Phoenix's position in Argentina's Vaca Muerta. |
23 Aug 26 |
US: Continental Resources significantly expands Permian Basin position with acquisition of FireBird Energy II Continental Resources has entered into an agreement to acquire FireBird Energy II LLC, a portfolio company of Quantum Capital Group. The acquisition of FireBird, which owns approx. 54,000 net acres in the Midland Basin, significantly expands Continental's Permian Basin position and adds high-quality, oil-weighted production and development inventory adjacent to its existing operations. |
