Page 1 - NorthAmOil Week 44 2021
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Issue 678 04•November•2021 Week 44
Changing hands
Pioneer Natural Resources has agreed to sell its assets in the Permian’s
Delaware sub-basin to Continental Resources for $3.25bn.
Gas merger
Southwestern Energy has struck a deal to buy GEP Haynesville for $1.85bn
in cash and stock, turning it into the largest producer in the Haynesville play.
Posting profits
Canada’s four leading oil sands producers have all posted third-quarter
profits that have marked improved performances.
Committed to discipline
US shale producers are keeping their spending reined in despite posting
improved third-quarter profits, and some are raising their dividends instead.