Steve Toon shares his view of news and trends affecting energy M&A deal-making.
Friday, August 22nd, 2008 Posted in Uncategorized | No Comments »
Yesterday, Denbury Resources announced it is buying the old and aging Conroe Unit north of Houston for $600MM with plans to pump it full of CO2 and squeeze out a ... Read more..Thursday, August 21st, 2008 Posted in Uncategorized | 1 Comment »
The super majors dominated the Western Gulf of Mexico Lease Sale 207, accounting for more than half of all high bids, but the lower-tiered companies were focused and largely successful ... Read more..Friday, August 8th, 2008 Posted in Uncategorized | No Comments »
Let me disclose up front: I know Rob Curnock, Rob Curnock is a personal friend of mine, and current Texas District 17 House representative Chet Edwards (Dem.) is no Rob ... Read more..Friday, August 8th, 2008 Posted in Uncategorized | 1 Comment »
After Encore Acquisition Co. went fishing for a big fish to bite at its unexpected "seeking strategic alternatives" exercise, apparently nobody wanted to pay the required premium to take the ... Read more..Monday, August 4th, 2008 Posted in Uncategorized | 1 Comment »
XTO's CEO Bob Simpson started it, you could say, with his thinly veiled comments during XTO's quarterly report conference call. "That's ridiculous," he said, referring to estimates by an ... Read more..