HEYCO Energy Group Acquires Egdon Resources

Hancock Energy Acquires Warrego Energy

March 14, 2023

Oil & Gas

Hancock Energy (PB) Pty Ltd completed a competitive off‑market takeover and subsequent compulsory acquisition of Warrego Energy Limited, paying A$0.36 per share in the final offer and valuing Warrego at about A$440 million. Warrego, an Australian onshore gas developer with a 50% interest in the West Erregulla Gas Project supplying Alcoa and Wesfarmers, was delisted from the ASX on 9 March 2023.

NEO Energy Acquires Zennor Petroleum

January 1, 2021

Energy

NEO Energy, backed by private equity firm HitecVision, has acquired independent oil and gas company Zennor Petroleum Limited in a transaction valued at up to USD 625 million (including deferred and contingent consideration). The deal increases NEO’s operated UK Continental Shelf portfolio and production profile, adds ~40 mmboe of reserves and >90 mmboe of un‑risked resource, and brings the Zennor team into NEO (raising combined headcount to over 180).

HEPACO Acquires PetroChem Recovery Services

January 18, 2019

Environmental Services

HEPACO, a Gryphon Investors-backed emergency response and environmental services platform, has acquired PetroChem Recovery Services from Succession Capital Partners. The Norfolk, Virginia-based PetroChem will expand HEPACO's emergency response and environmental remediation capabilities and geographic coverage in the Mid-Atlantic; terms were not disclosed.

The Prax Group Acquires Hurricane Energy Plc

June 19, 2023

Energy

The Prax Group has completed the acquisition of UK oil and gas explorer Hurricane Energy Plc, gaining full control of the Lancaster offshore oil field in the West of Shetland basin. The deal expands Prax's capabilities upstream as it moves to integrate Hurricane's exploration and production assets into its downstream and midstream operations.

EOG Resources Acquires Encino Acquisition Partners

June 3, 2025

Oil & Gas

EOG Resources agreed to acquire Encino Acquisition Partners (EAP) from the Canada Pension Plan Investment Board and Encino Energy for $5.6 billion, a deal expected to close in the second half of 2025. The purchase adds roughly 675,000 net acres and more than 1,000 producing wells in the Utica/Point Pleasant shale, expanding EOG’s footprint to about 1.1 million net acres in the play and creating a third foundational asset alongside its Delaware Basin and Eagle Ford positions.

Southwestern Energy Acquires GEP Haynesville LLC

December 31, 2021

Oil & Gas

Southwestern Energy Company has closed the acquisition of GEP Haynesville, LLC, expanding its scale and inventory in the Haynesville natural gas basin. The deal was funded in part by a $1.15 billion senior notes offering and a $550 million institutional term loan and is expected to strengthen Southwestern's financial metrics and presence in premier U.S. gas basins.