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Kinder Morgan to Sell Last Canadian Assets for $3.3 Billion

Kinder Morgan Inc. (KMI) will sell its remaining Canadian assets to Pembina Pipeline Corp. for C$4.35 billion ($3.3 billion) in cash and stock.

August 21, 2019

Gulfport Divests Legacy Gulf Coast Assets as Focus Narrows to Core Properties

Gulfport Energy Corp. has dumped more noncore assets as part of a broader effort to simplify its portfolio and better control costs, announcing the sale of its legacy assets on the Gulf Coast to an undisclosed buyer for $54.1 million.

August 5, 2019

TC Energy Unloads Three Ontario Gas-Fired Power Plants in $2.2B Deal

TC Energy Corp. announced a C$2.87 billion ($2.2 billion) sale Tuesday of three Ontario natural gas-fired power plants and earmarked the proceeds for growth projects in Canada, the United States and Mexico.

August 1, 2019
New Mexico Permian Stands Out in Recent BLM Auctions

New Mexico Permian Stands Out in Recent BLM Auctions

The Trump administration of late has had less to cheer about from quarterly Bureau of Land Management (BLM) oil and natural gas lease sales, but the Permian Basin continues to be a big draw in New Mexico.

July 9, 2019
Devon Exiting Canada in $2.8B Sale to Canadian Natural

Devon Exiting Canada in $2.8B Sale to Canadian Natural

Oklahoma City-based Devon Energy Corp., whose fortunes today are trained on Lower 48 oil prospects, is selling its Canadian business for $2.8 billion (C$3.8 billion) to Canadian Natural Resources Ltd.

May 29, 2019

TC Energy Inks Deal to Sell Stake in Northern Courier Pipeline

TC Energy Corp. announced Tuesday that it expects to raise C$1.15 billion ($860 million) for pipeline growth projects with the sale of assets in northern Alberta oilsands production network.

May 28, 2019
Appalachian Operator EdgeMarc Files for Chapter 11, Citing Gas Pipeline Blast Impacts

Appalachian Operator EdgeMarc Files for Chapter 11, Citing Gas Pipeline Blast Impacts

Privately held EdgeMarc Energy Holdings LLC said Wednesday it has filed for Chapter 11 bankruptcy protection in order to sell all of its Appalachian assets after a pipeline explosion last year in western Pennsylvania stranded production from its core assets.

May 15, 2019

PDC Inks Deal to Sell Permian NatGas Midstream Assets

PDC Energy Inc. has reached agreements to sell a substantial portion of its midstream assets in the Permian Basin for about $310 million in separate transactions expected to close in the coming months.

May 3, 2019

Riviera to Sell Stakes in Hugoton Basin for $31M

Riviera Resources Inc. has agreed to sell its interest in properties in the Hugoton Basin of southwestern Kansas, its largest producing asset, to an undisclosed buyer for $31 million.

April 29, 2019

Encana Completes San Juan Basin Asset Sale

Encana Corp. has officially exited the San Juan Basin, announcing Thursday that it has completed the sale of 182,000 net acres in New Mexico to Denver-based DJR Energy LLC.

December 28, 2018