Privately

Magnum Hunter Resources Corp.’s Bakken Hunter LLC is buying existing wells and about 20,000 net Williston Basin lease acres in Divide County, ND, from Samson Resources Co. for $30 million in cash.

EnerVest Ltd. is taking lemons and making lemonade, CEO John Walker said Friday. The privately held Houston operator has a plethora of prospects in unconventional and conventional basins around the country, but dry gas today has soured, so the company and its publicly traded arm EV Energy Partners (EVEP) are turning to sweeter gas liquids, he told analysts.

Magnum Hunter Resources Corp. unit Triad Hunter LLC has agreed to buy all of privately-held Viking International Resources Co. Inc. (Virco) for $106.7 million, picking up 51,500 net Appalachian Basin mineral acres in West Virginia and Ohio.

Magnum Hunter Resources Corp. unit Triad Hunter LLC has agreed to buy all of privately-held Viking International Resources Co. Inc. (Virco) for $106.7 million, picking up 51,500 net Appalachian Basin mineral acres in West Virginia and Ohio.

Calgary’s Gibson Energy Inc. is beefing up its U.S. onshore services with a US$445 million agreement to buy privately held Omni Energy Services Corp., based in Louisiana.

Honeywell’s UOP business is buying a 70% stake in Thomas Russell Co., a privately held provider of technology and equipment for natural gas processing and treating. UOP provides process technology, materials and equipment to petroleum refining, petrochemical, and gas processing industries. It will now be able to offer a range of technologies and products that allow shale and conventional natural gas producers to remove contaminants from natural gas and recover high-value natural gas liquids (NGL). Founded in 2002, Tulsa, OK-based Thomas Russell specializes in the design, engineering, fabrication and start-up of skid-mounted modular packaged plants systems for the recovery and upgrading of NGLs. UOP is paying $525 million in cash for the interest and has a right to acquire the remaining 30% stake. Closing, subject to conditions, is expected during the fourth quarter.

Sidewinder Drilling Inc., a privately held upstart that’s been in the unconventional drilling game for a little more than a year, on Tuesday said it had a $242 million definitive offer on the table for Fort Worth, TX-based Union Drilling Inc., which operates across the U.S. onshore.

Noble Energy Inc. is selling oil and natural gas properties in the Permian Basin to privately held Sheridan Holding Co. II LLC of Houston for $320 million as part of an ongoing divestiture plan, the company said Tuesday.

Texas and Pennsylvania stakeholders are revving up their natural gas vehicle (NGV) engines but policies and infrastructure continue to be out of sight.