UGI plans to acquire Mountaineer Gas; Shareholders approve Devon-WPX merger

Oil and Gas

UGI announces intent to acquire W.Va.-based Mountaineer Gas

UGI Corp. signed an agreement to acquire Mountaintop Energy Holdings LLC, which owns Mountaineer Gas Co., the largest gas distribution company in West Virginia.

Shareholders approve $12B Devon-WPX merger that will create Permian powerhouse

Shareholders of Devon Energy Corp. and WPX Energy Inc. voted overwhelmingly Dec. 30, 2020, in favor of a $12 billion merger designed to create one of the largest unconventional oil producers in the U.S.

Howard Energy Partners to acquire Javelina fractionation facility from MPLX unit

Howard Midstream Energy Partners LLC, doing business as Howard Energy Partners, agreed to acquire the Javelina facility in Corpus Christi, Texas, from a subsidiary of MPLX LP for an undisclosed amount.

Energean inks deal to acquire Kerogen's 30% stake in Energean Israel

British oil and gas producer Energean PLC agreed to acquire Kerogen Capital affiliate Kerogen Investments No.38 Ltd.'s 30% shareholding in Energean Israel Ltd. for a total consideration of between $380 million and $405 million.

Denbury to acquire Wyo. oil fields, CO2 pipeline for $12M

Denbury Inc. agreed to purchase a majority interest in Wyoming oil fields and associated facilities from a Devon Energy subsidiary for $12 million.

Coal

Consol Energy shareholders approve share issuance for units' merger

Consol Energy Inc.'s shareholders approved the issuance of shares of the company's common stock in connection with its wholly owned unit's merger with Consol Coal Resources LP.