Transaction

Calgary-based Seven Generations Ltd. (7G) on Wednesday struck a C$1.9 billion ($1.47 billion) deal to expand its natural gas opportunities in the Montney Shale in a transaction that also would bring aboard cross-town rival Paramount Resources Ltd. as a 10% stakeholder.

Last year was the slowest in eight years for dealmaking in the U.S. natural gas and oil patch, and tepid sales activity continued through the first quarter, according to researchers.

Last year was the slowest in eight years for dealmaking in the U.S. natural gas and oil patch, and tepid sales activity continued through the first quarter, according to researchers.

Callon Petroleum Co. said late Tuesday it is acquiring close to 16,000 net acres, 192 net locations and 2,884 boe/d in private transactions that will nearly double its position in the Permian Basin of Texas.

Callon Petroleum Co. said late Tuesday it is acquiring close to 16,000 net acres, 192 net locations and 2,884 boe/d in private transactions that will nearly double its position in the Permian Basin of Texas.

Kinder Morgan Inc. (KMI) and Brookfield Infrastructure Partners LP have agreed to pay $242 million for the 53% equity interest in Natural Gas Pipeline Company of America LLC that they don’t already own.

An uptick in U.S. midstream dealmaking lifted acquisition activity between April and June, while upstream transactions fell by half from a year ago, a new report by PwC US said.

Natural gas producer WPX Energy Inc. on Tuesday agreed to buy RKI Exploration & Production LLC’s Permian Basin operations in a transaction worth $2.75 billion, which would increase liquids reserves by one-third and substantially add to the drilling inventory.

Natural gas producer WPX Energy Inc. on Tuesday agreed to buy RKI Exploration & Production LLC’s Permian Basin operations in a transaction worth $2.75 billion…