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Bayswater E&P closes $600 million sale of DJ Basin assets

Oil & Gas 360º

(World Oil) –Bayswater Exploration and Production (Bayswater), a Denver-based oil and natural gas development company closed the sale of certain Denver Julesburg (DJ) Basin assets to Prairie Operating Co. We remain committed to operating in the DJ Basin and look forward to rebuilding our Colorado footprint in the coming years.”

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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

The partners completed the offshore platform for Angolas first non-associated gas project in February 2025, with production on track for early-2026. Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent.

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Crescent Energy completes sale of non-operated Permian basin assets

Oil & Gas 360º

(World Oil) –Crescent Energy has closed the sale of its non-operated Permian basin assets to a private buyer for $83 million in cash, the company announced Tuesday. The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3 Mboe/d (~35% oil).

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RPC acquires Midland’s Pintail Completions for wireline services

Permian Basin Oil and Gas Magazine

Atlanta-based RPC, oil and gas services company, said recently it acquired Pintail Alternative Energy, which does business as Pintail Completions, for $245 million ($170 million cash). The Midland company is a leading provider of oilfield wireline services in the Permian Basin.

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U.S. Energy Development Corporation expands Permian footprint acquiring $390 million asset and announces upsized credit facility

Oil & Gas 360º

This landmark transaction marks the largest single acquisition in the companys 45-year history and significantly expands its total Permian Basin holdings. Credit Facility Concurrent with this acquisition, USEDC completed an increase in the borrowing base and commitments under its syndicated revolving credit facility led by Citibank, N.A.

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Texas oil family to benefit from potential $8-billion Mitsubishi deal

Oil & Gas 360º

Aethon Energy is a private investment firm focused on asymmetric opportunities in onshore energy assets in North America, and has sprawling operations in the Haynesville shale gas basin in East Texas and Louisiana. Mitsubishi is said to be ready to pay up to $8 billion for Aethon’s assets, Reuters reported this week, citing unnamed sources.

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Navigating the M&A Landscape in 2025: Insights for Small to Mid-Sized Upstream Operators

Enverus

Large public E&Ps are consolidating premium inventory in core regions like the Permian, where high-quality assets are scarce and valuations are steep. Smaller deals are still occurring, particularly in conventional plays and areas outside major basins. This concentration underscores a broader trend.

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