Oil/Gas Exploration M&A Transactions

Royal Helium is a resource-exploration and production company focused on the exploration, development, and extraction of helium and associated gases, principally via helium permits and leases in southern Saskatchewan and southeastern Alberta, Canada. The Company produces industrial gas, including helium and, via its processing facility, food-grade CO₂ as a by-product. Royal Helium is based in Saskatoon, Saskatchewan.

AirLife Gases
Company
Oil/Gas Exploration
Pune, India
www.airlifegases.com

Peak Exploration & Production is an upstream company focused on the acquisition and development of oil-weighted assets in the core of the Powder River Basin located in northeastern Wyoming. Peak Exploration & Production is based in Durango, Colorado.

Epsilon Energy
Company
Oil/Gas Exploration
Calgary, Alberta
www.epsilonenergyltd.com

EIG Partners
Investor
Asset Manager
Washington, District of Columbia
www.eigpartners.com

Reliable Energy Partners operates as a platform company in the propane distribution industry, acquiring and partnering with locally-owned residential and commercial propane businesses. Reliable Energy Partners was founded in 2025 and is based in Valrico, Florida.

Soundcore Capital Partners
Investor
Private Equity Firm
New York, New York
www.soundcorecap.com

American Well Services provides well service rigs for workover or completions operations and well site support services including, fluid transfer, hot oiling, frac tank rental, and wellsite construction. American Well Services is based in Midland, Texas.

Ranger Energy Services
Company
Energy Services and Equipment
Houston, Texas
www.rangerenergy.com

Argonaut Private Equity
Investor
Private Equity Firm
Tulsa, Oklahoma
www.argonautpe.com

NuVista Energy is an independent oil and natural gas company engaged in the exploration for, and the development, production and acquisition of oil and natural gas reserves in the province of Alberta. NuVista Energy was founded in 2003 and is based in Calgary, Alberta.

Ovintiv
Company
Oil/Gas Exploration
Denver, Colorado
www.ovintiv.com
Advisors: Paul, Weiss, Rifkind, Wharton & Garrison , Blake, Cassels & Graydon , Gibson, Dunn & Crutcher , J.P. Morgan Securities , Morgan Stanley

Tidewater's Sylvan Lake Gas Processing Facility is a natural gas plant with associated gathering infrastructure. Tidewater's Sylvan Lake Gas Processing Facility is based in Alberta, Canada.

Parallax Energy
Company
Oil/Gas Exploration
Calgary, Alberta
www.parallaxenergy.ca

Tidewater
Company
Oil/Gas Exploration
Calgary, Alberta
www.tidewatermidstream.com

Dragonfly Oil & Gas Partners is an upstream oil and natural gas exploration and production company focused on creating operated oil inventory in the Permian, MidCon, and South Texas. Dragonfly Oil & Gas Partners was founded in 2025 and is based in Midland, Texas.

Pearl Energy Investments
Investor
Private Equity Firm
Dallas, Texas
www.pearl-energy.com
Advisor: Willkie Farr & Gallagher

Trident Pipeline Integrity specializes in advanced ultrasonic testing and corrosion mapping solutions. Trident Pipeline Integrity was formed in 2019 and is headquartered in Broken Arrow, Oklahoma.

PROtect
Company
Business Services
Wichita, Kansas
www.protect.llc

406 Energy offers upstream oil and gas exploration and production services, with technical analysis and asset development. 406 Energy was founded in 1988 and is based in Houston, Texas.

NGP
Investor
Private Equity Firm
Dallas, Texas
www.ngpenergy.com

CEG is an oil and gas exploration company that holds offshore Uruguay licenses, including a 40% interest in AREA OFF‑1 and a 100% interest in AREA OFF‑3. CEG was founded in 2005 and is based in Castletown, United Kingdom.

Sintana Energy
Company
Oil/Gas Exploration
Toronto, Ontario
www.sintanaenergy.com
Advisors: Pinsent Masons , Fogler, Rubinoff , Cavendish , Pareto Securities

Unit Drilling offers super-spec, pad-optimal rigs with crews. Unit Drilling was founded in 1963 and is based in Tulsa, Oklahoma.

Cactus Drilling
Company
Oil/Gas Exploration
Oklahoma, Oklahoma
www.cactusdrlg.com

Unit Drilling offers super-spec, pad-optimal rigs with crews. Unit Drilling was founded in 1963 and is based in Tulsa, Oklahoma.

Unit
Company
Energy Services and Equipment
Tulsa, Oklahoma
www.unitcorp.com

Continental Resources' Natural gas-producing assets provide low‑cost, long‑plateau natural gas production and are based in the Anadarko Basin, Oklahoma.

TotalEnergies
Company
Oil/Gas Exploration
Courbevoie, France
www.totalenergies.com

Continental Resources
Company
Oil/Gas Exploration
Oklahoma City, Oklahoma
www.clr.com

Canvas Energy is an independent oil and gas production and exploitation company. Canvas Energy has increased reserves and production primarily by acquiring and enhancing properties in its core areas of the Mid-Continent (Oklahoma and North Texas) and the Permian Basin (West Texas). Canvas Energy was founded in 1988 and is based in Oklahoma City, Oklahoma.

Diversified Energy
Company
Oil/Gas Exploration
Birmingham, Alabama
www.div.energy
Advisors: Kirkland & Ellis , KeyBanc Capital Markets

Excell Fueling Systems is providing critical fueling infrastructure installation and testing of underground and above-ground storage tanks and fuel systems, as well as commercial service and maintenance. Excell Fueling Systems was founded in 1993 and is based in Buda, Texas.

SPATCO
Company
Distribution
Charlotte, North Carolina
www.spatco.com

Four Corners Petroleum is an oil and gas company that acquires, operates, and develops crude oil and natural gas producing acreage primarily in the Permian Basin. Four Corners Petroleum was established in 2016 and is based in Golden, Colorado.

JF Group
Company
Energy Services and Equipment

www.jfgroup.com

RedBird Capital Partners
Investor
Private Equity Firm
New York, New York
www.redbirdcap.com

Stephens Capital Partners
Investor
Private Equity Firm
Little Rock, Arkansas
www.stephens.com/private-equity