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Brookfield Wins Shareholder Support for Multibillion-dollar Takeover of Inter Pipeline

2021-08-23 18:40:00| OGI

The move brings to an end a five-month bidding war for Canada-based pipeline operator Inter Pipeline, as the tendered shares exceed the minimum level of 55% of shares not already owned or controlled by Brookfield.

Tags: support inter wins pipeline

 

BHP Considering Multibillion-dollar Exit from Oil and Gas: Report

2021-07-20 20:35:00| OGI

BHP began its retreat from oil and gas in 2018 with the sale of its U.S. shale assets in two separate agreements valued at $10.8 billion.

Tags: report gas oil exit

 
 

Brookfield Includes All-cash Option in Multibillion-dollar Offer for Inter Pipeline

2021-06-18 18:00:00| OGI

Brookfields revision comes as the investment firm tries to beat a rival bid from Pembina Pipeline Corp., which has been recommended by Inters board.

Tags: includes offer option inter

 

Pioneers Recent Multibillion-dollar Buying Spree Strengthens US Shale, CEO Says

2021-05-06 11:00:00| OGI

Pioneer Natural Resourcess acquisition of privately backed DoublePoint Energy helps the situation, CEO Scott Sheffield said in reference to rising fears of a U.S. shale drilling binge.

Tags: recent buying ceo pioneers

 

Pioneer Natural Resources Falls after Surprise Multibillion-dollar Shale Deal

2021-04-05 22:15:00| OGI

DoublePoint Energy will add 97,000 acres to Pioneers holdings in the Permian Basin and analysts at Cowen & Co. praised the deal, saying it undoubtedly fits like a glove within PXDs Midland Basin acreage.

Tags: resources natural deal falls

 

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