Baytex Energy Acquires Ranger Oil Corporation

Ranger Energy Services Acquires PerfX Wireline Services

July 9, 2021

Oil & Gas

Ranger Energy Services, Inc. (NYSE: RNGR) completed the acquisition of PerfX Wireline Services on July 8, expanding its Mallard wireline business alongside the recent Patriot Completion Services acquisition. The transactions add significant assets (wireline trucks, pumps, cranes), eight locations and 27 customers, and include a warrant giving Ranger a 30% ownership option in XConnect; Ranger issued shares and assumed certain equipment-related debt as part of the combined deals.

Ranger Energy Services Acquires American Well Services from Argonaut Private Equity

November 10, 2025

Oil & Gas

Ranger Energy Services (NYSE: RNGR) has acquired American Well Services (AWS), a Permian Basin-focused well services provider, from Argonaut Private Equity for approximately $90.5 million in a cash, stock and earn‑out deal. The acquisition increases Ranger’s rig count by roughly 25%, expands its service lines and is expected to be immediately accretive with identified synergies of $4 million.

Ranger Energy Services Acquires Patriot Completion Solutions

May 17, 2021

Oil & Gas

Ranger Energy Services, Inc. (NYSE: RNGR) acquired Patriot Completion Solutions LLC (d/b/a Patriot Well Solutions) in an all-stock transaction. The deal expands Ranger's wireline evaluation and intervention capabilities, adding Patriot's 22 wireline units and experienced technical team while Patriot was a portfolio company of White Deer Energy.

Diversified Energy Acquires Maverick Natural Resources

March 14, 2025

Energy

Diversified Energy Company PLC has completed its acquisition of Maverick Natural Resources. The transaction was partly satisfied by the issuance of 21,194,213 new ordinary shares and will see Maverick CEO Rick Gideon become Diversified's Chief Operating Officer effective March 18, 2025.

Surge Energy Acquires Grenadier Energy Partners II's Midland Basin Assets

January 31, 2021

Energy

Surge Energy US Holdings Company agreed to acquire leasehold interests and producing wells from Grenadier Energy Partners II LLC in Howard County, Texas, for an aggregate purchase price of approximately $420 million. The acquired Midland Basin assets average ~9,000 Boepd (roughly 75% oil) across ~18,010 net leasehold acres and include ~120 operated future drilling locations; the deal is expected to close in late Q1.

SilverBow Resources Acquires Chesapeake's South Texas Assets

November 30, 2023

Oil & Gas

SilverBow Resources, Inc. closed the acquisition of Chesapeake Energy Corporation's oil and gas assets in South Texas for a $700 million purchase price (comprised of $650 million at closing and $50 million deferred), with up to $50 million of contingent consideration based on future commodity prices. The deal significantly increases SilverBow's acreage and production scale in the Eagle Ford, expanding the company's drilling inventory and transforming it into the largest public pure-play Eagle Ford operator.