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  • MERGERS & ACQUISITIONS

    SECTIONS: DEAL MONITOR | CORPORATE MERGERS | JVS

    Deal Monitor Monthly Update

    The monthly updates are brought to you in collaboration with PLS Inc. The tables below include relevant information about oil and gas industry transactions mostly in the United States. Transactions are broken down by the months in which they were announced. Access monthly pdf links, or download an Excel file of transactions Year-to-Date. 

    2012
    2011
    2010

    July Highlights:

    PLS reports that from May 17 to June 16, 2013, the pace of US oil and gas deal activity slowed to just 27 deals for $2.5 billion (versus 45 deals for $2.1 billion last month). Canada has stalled with only 10 deals for $35 million, yet international markets are improving having struck 39 deals for $5.5 billion compared to 12 deals for $1.6 billion last month.

    At press time as of June 20, global deal markets in Q2 totaled just $17.6 billion (169 deals) putting the markets within range of eclipsing the low-water mark (since 2007) of quarter deal value of $20.9 billion (188 deals) struck in Q1 2013. The US total is $6.5 billion, Canada $1.8 billion and international is $9.3 billion.

    Read more about these and other transactions during the 30-day period by clicking the links below.

    Table of Articles and Reports:

    Article with Highlights Transaction Details
    EP center stage as deals remain on slow side, July 2013 Select Transactions 5/17/13 - 6/16/13
    Demand for oil running strong, demand for gas remains selective, June 2013
    Select Transactions 4/17/13 - 5/16/13
    Q1 '13 totals $21B globally as markets pause after Q4, May 2013 Select Transactions 3/17/13 - 4/16/13
    Deal pace picking up as cos shuffle portfolios in pursuit of growth, April 2013 Select Transactions 2/17/13 - 3/16/13
    First 45 days of '13 slow; Asian NOCs and MLPs remain strong buyers, March 2013 Select Transactions 1/17/13 - 2/16/13
    Activity sees an early-year pause after frenzied year-end rush, Feb 2013 Select Transactions 12/17/12 - 1/16/13
    2012 global deal values reach record $254B, Jan 2013 Select Transactions 11/17/12 - 12/16/12
    Deal flow increasing as year-end approaches, Dec 2012 Select Transactions 10/17/12 - 11/16/12
    Third quarter 2012 deal value is $50B globally, Nov 2012 Select Transactions 9/17/12 - 10/16/12
    M&A increasing with large deals struck in US, Oct 2012 Select Transactions 8/17/12 - 9/16/12
    M&A pace increases as China strikes its biggest deal, Sept 2012
    Select Transactions 7/17/12 - 8/16/12
    2Q12 deals slow to $25 billion globally, August 2012 Select Transactions 6/17/12 - 7/16/12
    M&A activity impacted by oil, gas price volatility, July 2012 Select Transactions 5/17/12 - 6/16/12
    Domestic active with large private equity role, June 2012
    Select Transactions 4/17/12 - 5/16/12
    Deal activity driven by strategic, strong buyers, May 2012
    Select Transactions 3/17/12 - 4/16/12
    Trend reverses as conventional assets dominate, April 2012
    Select Transactions 2/18/12 - 3/16/12
    Encana's C$2.9B Cutbank Ridge deal dominates, March 2012 Select Transactions 1/19/12 - 2/17/12
    Foreign buyers, unconventional assets dominate deals, Feb. 2012 Select Transactions 12/16/11 - 1/15/12
    Large deals dominate the M&A space this month, Jan. 2012 Select Transactions 11/16/11 - 12/15/11
    Bakken, Barnett assets take center stage, Dec. 2011
    Select Transactions 10/16/11 - 11/15/11
    UK, Canadian assets command month's largest sums, Nov., 2011 Select Transactions 9/16/11 - 10/15/11
    Valleres' $2B move for Kurdistan assets is month's largest, Oct1, 2011 Select Transactions 8/16/11 - 9/15/11
    Chinese increase state in global upstream assets, Sept1, 2011 Select Transactions 7/16/11 - 8/15/11
    BHP Billiton-Petrohawk deal is month's largest, August 1, 2011
    Select Transactions 6/16/11 - 7/15/11
    Surgutneftegas and MOL in $2.7 billion deal, July 1, 2011 Select Transactions 5/16/11 - 6/15/11
    Crew acquires Caltex; WestFire and Orion merge, June 1, 2011 Select Transactions 4/16/11 - 5/15/11
    KNOC acquirer of two largest deals, May 1, 2011 Select Transactions 3/16/11 - 4/15/11
    Total and BHP Billiton in separate deals, April 1, 2011 Select Transactions 2/16/11 - 3/15/11
    Chinese companies on shopping spree, March 1, 2011 Select Transactions 1/16/11 - 2/15/11
    $1.7B oil sands deal is month's largest, February 1, 2011 Select Transactions 12/16/10 - 1/15/11
    $7.1B BP-Bridas deal is month's largest, January 1, 2011 Select Transactions 11/16/10 - 12/15/10
    US transactions rise in past month, December 1, 2010  Select Transactions 10/16/10 - 11/15/10
    M&A activity snail-like, but picks up in October, November 1, 2010 Select Transactions 9/16/10 - 10/15/10
    LINN's Permian Basin deal is month's largest, October 1, 2010 Select Transactions 8/15/10 - 9/15/10
    BP-Apache's $7 billion deal is month's largest September 1, 2010 Select Transactions 7/15/10 - 8/15/10
    Reliance-Pioneer deal is month's largest August 1, 2010 Select Transactions 6/15/10 - 7/15/10
    Shell-East Resources deal valued at nearly $5B, July 1, 2010 Select Transactions 5/15/10 - 6/15/10
    Joint ventures highlight month's top deals, June 1, 2010 Select Transactions 4/15/10 - 5/15/10
    Apache deals increase GoM presence, May 1, 2010 Select Transactions 3/15/10 - 4/15/10
    Devon–BP, CNOOC–Bridas top month's deals, April 1, 2010 Select Transactions 2/15/10 - 3/15/10
    International M&A Deals start to take off, March 1, 2010 Select Transactions 1/15/10 - 2/15/10

    OGFJ Webcasts

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    Monthly Update

    In the largest transaction from January 17 to February 16, Calgary-based Baytex Energy Corp. announced a $2.3 billion deal with Australian-listed Aurora Oil & Gas to capture a prized Eagle Ford position. On the conventional side, Occidental's $1.4 billion sale of its famous Kansas Hugoton field demonstrates the shifting nature of Big Oil's portfolios toward unconventional oil growth areas while some companies continue to buy long-lived gas.


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