Chord Energy and Enerplus agree to $11 billion merger
In the latest U.S. oil and gas merger, Chord Energy and Enerplus have agreed to combine in an approximately $11B stock and cash transaction
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In the latest U.S. oil and gas merger, Chord Energy and Enerplus have agreed to combine in an approximately $11B stock and cash transaction
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2 US oil & gas companies will merge in a $26bn deal, the latest in a wave of acquisitions designed to buy up the best land for drilling.
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Production in Utah’s oil-rich Uinta Basin is at an all-time high. Texas oilman Jim Finley is credited with opening the floodgates.
Another good year for Texas oil companies boosted state coffers in 2023, yielding a record $26.3 billion in taxes and state royalties.
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