Talos Energy Acquires QuarterNorth Energy for $1.29 Billion

Northern Oil and Gas Agrees to Buy 25% Stake in Parallax Energy Operating's Duvernay Light-Oil Assets

May 26, 2026

Oil & Gas

Northern Oil and Gas (NOG) has agreed to purchase an undivided 25% interest in Parallax Energy Operating Inc.’s Light-Oil Duvernay assets for an initial unadjusted purchase price of CA$350 million (about US$259 million). The transaction is funded with NOG common stock plus cash and includes potential CA$25 million contingent consideration, with NOG expecting to close late in the second quarter of 2026.

Northwest Natural Holding Company to Acquire SiEnergy Operating, LLC

January 8, 2025

Utilities

Northwest Natural Holding Company (NYSE: NWN) entered into an agreement to acquire SiEnergy Operating, LLC from SiEnergy Capital Partners, LLC for $273 million in cash plus the assumption of $152 million of debt. Ridgewood Infrastructure announced the successful sale of its 80% interest in SiEnergy to Northwest Natural.

TotalEnergies to Acquire Quadra Energy

October 26, 2023

Energy

TotalEnergies has signed agreements with the Aloys Wobben Foundation to acquire the entire share capital of Germany-based renewable electricity aggregator Quadra Energy. The acquisition is subject to relevant regulatory approvals and is intended to strengthen TotalEnergies’ integrated power business in Germany, including aggregation, trading, and corporate PPA/clean firm power offerings.

Talos Energy Acquires EnVen Energy Corporation

February 13, 2023

Energy

Talos Energy Inc. completed its previously announced acquisition of EnVen Energy Corporation, adding oil-weighted deepwater Gulf of Mexico assets, operated infrastructure and overlapping acreage to Talos’s portfolio. The deal increases Talos’s scale and free cash flow generation potential and includes board changes tied to EnVen leadership; Talos expects to provide combined-company guidance with its next earnings release.

Targa Resources Corp. Acquires Southcross Energy Operating LLC

April 21, 2022

Oil & Gas

Targa Resources Corp. has completed the acquisition of Southcross Energy Operating LLC and its subsidiaries, adding midstream assets located in South Texas to Targa’s portfolio. The deal expands Targa’s natural gas and NGL gathering, processing and transportation footprint in the Gulf Coast region.

NEO Energy Acquires UK North Sea Assets from Total

August 3, 2020

Energy

NEO Energy, with support from private equity firm HitecVision, acquired a portfolio of operated and non‑operated UK North Sea assets from Total Oil UK Ltd and Total E&P North Sea UK Ltd. The portfolio (including the Quad 15 and Flyndre clusters) averaged ~23,000 boepd in 2019, adds roughly 51 MMboe of reserves, and transfers an operator organisation of ~60–80 employees; the revised deal included vendor financing and earnout mechanisms and completed in mid‑2020.