article thumbnail

Entropy Enters Definitive Agreement to Purchase Strategic Carbon Storage Assets

Oil & Gas 360º

(Oil & Gas 360) – CALGARY, AB , June 23, 2025 /CNW/ – Entropy Inc. (“Entropy”), a subsidiary of Advantage Energy Ltd. (“Advantage”), has entered into a definitive agreement to purchase an interest in three carbon hubs from a Canadian oil and natural gas producer for $20 million and contingent payments of (..)

Operator 130
article thumbnail

Vermilion Energy Completes Exit from USA with Asset Divestment

Rigzone

Brent Crude $66.90 +0.65% Natural Gas $3.69 -2.62% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Vermilion Energy Completes Exit from USA with Asset Divestment by Rocky Teodoro | Rigzone Staff | Monday, June 09, 2025 | 8:00 AM EST The company said it expects the transaction, which has an effective date of January 1, to close in the third quarter.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What’s New: Mach Enters Permian, San Juan Basins With $1.3 Billion in Deals

Rextag

Mach Natural Resources has signed two definitive agreements totaling $1.3 Active Growth Strategy Mach has been an aggressive acquirer since its founding in 2018, having completed more than 20 deals over the past seven years. billion , marking a major strategic move beyond its traditionally Oklahoma-focused operations.

Basin 59
article thumbnail

Vermilion Energy exits U.S. market with $88 million asset sale

Oil & Gas 360º

has entered into a definitive agreement for the sale of its U.S. This transaction, combined with the sale of our East Finn assets in 2023, completes our exit from the United States, allowing us to focus on our core gas-weighted assets in Canada and Europe,” Vermilion said in a statement.

Energy 130
article thumbnail

From Landfill to Leadership: EQT Acquires Majority Stake in Waga Energy for $611M

Rextag

In May 2025, Swedish private equity firm EQT AB (STO: EQT) entered into a definitive agreement to acquire a 54.1% stake in Waga Energy SA (EPA: WAGA), a French leader in renewable natural gas (RNG) production, in a transaction that values the company at approximately €534 million (US$611 million).

Energy 52
article thumbnail

 Mitsubishi Corp. is in talks to acquire Aethon Energy

Oil Gas Leads

Uncertainty & Official Stance No transaction is finalized —any deal’s completion remains uncertain. Keep an eye on July–August updates for a definitive outcome. This move would mark a major expansion into U.S. upstream gas. However, there’s no binding deal yet , and Mitsubishi is holding off on official confirmation.

Basin 52
article thumbnail

Bridging the Data Gap: How Transfer Learning Revolutionizes Production Forecasting in Frontier Basins

Novi

The models incorporated methodologies to isolate treatment effects related to parent-child relationships and well spacing, conditioned on geological and completion parameters. Particularly noteworthy findings emerged regarding completion intensity responses and well spacing effects.

Basin 52