M&A Deal Summary |
|
|---|---|
| Date | 2020-10-19 |
| Target | Concho Resources |
| Sector | Oil/Gas Exploration |
| Buyer(s) | ConocoPhillips |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1917 |
| Sector | Oil/Gas Exploration |
| Employees | 11,800 |
| Revenue | 54.7B USD (2024) |
ConocoPhillips is an integrated energy company with operations and activities across the world. ConocoPhillips was incorporated in 1917 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 8 |
| Sector: Oil/Gas Exploration M&A | 4 of 5 |
| Type: Add-on Acquisition M&A Deals | 4 of 5 |
| State: Texas M&A | 5 of 6 |
| Country: United States M&A | 6 of 7 |
| Year: 2020 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-07-22 |
Kelt Exploration - Liquids-Rich Montney Acreage
Calgary, Alberta, Canada Kelt Exploration Ltd.'s Liquids-Rich Montney Acreage is is 140,000 net acres in the liquids-rich Inga-Fireweed asset Montney zone. |
Buy | $375M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-08 |
ConocoPhillips - Wind River Basin Assets
Houston, Texas, United States Wind River Basin Assets consists of PDP-heavy assets with a net production run rate of approximately 78 Mmcfe/d (100% gas), as of the effective date of the acquisition, and an expected 5% annual decline rate over the next 5 years. |
Sell | $67M |