Prairie Operating Co. Acquires Producing Assets from Nickel Road Operating LLC

ProPetro Acquires Aqua Prop

June 3, 2024

Energy

ProPetro Holding Corp. (NYSE: PUMP) acquired Aqua Prop LLC, a provider of wet sand solutions for hydraulic fracturing, in an all-cash transaction initially valued at $35.6 million net of working capital. The acquisition expands ProPetro’s integrated completions capabilities by adding onsite sand storage, handling and preferred logistics access and includes cash consideration, earnout incentives and potential growth capex.

Peoria Resources Acquires Verdad's Operated DJ Basin Portfolio

February 26, 2026

Oil & Gas

Peoria Resources, LLC (a subsidiary of JAPEX (U.S.) Corp.) has acquired Verdad Resources' entire operated oil and gas business in the Denver‑Julesburg (DJ) Basin for an enterprise value of approximately $1.26 billion. The transaction transfers roughly 101,000 net acres of horizontal Niobrara and Codell development (Colorado and Wyoming) to Peoria as it establishes a scaled operated position in the DJ Basin.

Liberty Oilfield Services Acquires PropX (Proppant Express Investments, LLC)

October 27, 2021

Energy

Liberty Oilfield Services Inc. acquired PropX (Proppant Express Investments, LLC), a Denver-based provider of last-mile proppant delivery equipment, logistics and software, in a transaction valued at approximately $90 million (cash and stock). The deal adds PropX's wet sand handling technology, proppant containers and PropConnect logistics software to Liberty's completion services offering to improve logistics efficiency and reduce emissions.

Pioneer Natural Resources Acquires DoublePoint Energy Assets in Midland Basin

May 4, 2021

Oil & Gas

Pioneer Natural Resources completed the acquisition of the leasehold interests and related assets of DoublePoint Energy (structured as the purchase of Double Eagle III Midco 1 LLC) in the Midland Basin for approximately $6.2–$6.4 billion in stock, cash and assumed debt. The transaction adds ~97,000 contiguous net acres to Pioneer's Midland Basin footprint and was approved by the boards of the companies; DoublePoint was backed by equity commitments from Apollo, Quantum Energy Partners, Magnetar Capital and Blackstone Credit.

Construction Partners, Inc. Acquires Overland Corporation

January 3, 2025

Construction

Construction Partners, Inc. (NASDAQ: ROAD) has acquired Overland Corporation, an asphalt manufacturing and paving company headquartered in Ardmore, Oklahoma, including eight hot‑mix asphalt plants serving southern and western Oklahoma and northern Texas. The acquisition expands CPI into its eighth state (Oklahoma) and adds manufacturing and paving capabilities to support public and private roadway, commercial and residential projects.

Construction Partners Acquires Hudson Paving, Inc.

June 3, 2024

Construction

Construction Partners, Inc. (NASDAQ: ROAD) has acquired Hudson Paving, Inc., a hot‑mix asphalt plant operator headquartered in Rockingham, North Carolina. The deal is a bolt‑on add‑on for CPI's North Carolina platform, Fred Smith Company, and expands CPI's capacity to serve the Pinehurst and Southern Pines/Sandhills region with additional plant, crews and equipment.