Oil and Gas Assets for Sale

Market Monitor

SUPERMAJORS ARE IN THE GAME
RS
AI, POWER AND "DEEP VALUE" MAJORS

AI, POWER AND "DEEP VALUE" MAJORS

Natural Gas is Preferred Power Source

SUPERMAJORS ARE IN THE GAME

Up to 5 Bcf/d in Next Four Years

EXXON Leveraging CCUS Assets

Chevron Planning 4GW Power Plant

Utilities and IPPs Becoming FOMO names

Nuclear Realistically a Decade Out

Data Center Power Needs up 4X in Ten Years

Some "Story Stocks" Revenues Years Away

Majors Own Commodity and Pivoting

US Needs ~15% More Power Capacity

DOWNLOAD OUR 5 PAGE SPECIAL REPORT

RS 2514MM

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

DEAL ALERT (BAYTEX MAY SELL E/F)

BAYTEX POTENTIAL EAGLE FORD EXIT
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SPECIAL REPORT (OCT 14, 2025)

SPECIAL REPORT (OCT 14, 2025)

Media Reporting BTE Exploring EF Sale

BAYTEX POTENTIAL EAGLE FORD EXIT

82,000 BOEPD (81% liquids)

178,000 Net Acres, 800 Risked Locations

Karnes Trough NonOp (Now Under COP)

And Op. via Ranger Oil Buy ($2.6B, 2023)

Sale Would Mark Return Home to Canada

Media Reports Up To $3B Potential Value

Sale Would Wipe Out All Debt, Strategy Shift

Baytex Ranks #11 Top Eagle Ford Operator

Baytex has Growth Pembina Duvernay

Also Cash Flow from Canada Heavy Oil

CLICK TO DOWNLOAD 7-PAGE REPORT

RS 2513DA

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

03Q25 QUARTERLY M&A REPORT

$9.6B IN 3Q25 - DOWN FROM $13.6B IN 2Q
RS
DEAL PERSPECTIVES (MEDIA VERSION)

DEAL PERSPECTIVES (MEDIA VERSION)

Quick 10 Pages of the Full 25 Page Report

$9.6B IN 3Q25 - DOWN FROM $13.6B IN 2Q

Deals Increase to 22, Up From 16 in 2Q

Close to the 23 Deals/Qtr Avg. Since 2022

Crescent Energy pays $3.6B for Vital

CRC buys Berry Petroleum for $717MM

Stone Ridge Buys COP's Anadarko for $1.3B

MACH Pays $1.3B for Conventional PDP

Hungry Buyer Universe

Minerals and NonOp Continue HOT

Consolidation Ongoing, More Coming

PDP and Conventional Assets Strong

CONTACT EAG FOR FULL 25 PAGE REPORT

RS 2512MA

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

CONVENTIONAL PLAYBOOK

LOWER 48 ONSHORE VERTICAL
STUDY
UNCONVENTIONALLY CONVENTIONAL!

UNCONVENTIONALLY CONVENTIONAL!

July 2025, 90-Page Report

LOWER 48 ONSHORE VERTICAL

Seven U.S. Regions

M&A, E&P, Capital Markets

Total: 13.4 Bcfpd & 1.2 MMBopd

Privates: 9.3 Bdfpd & 633 MBopd

Publics: 4.1 Bcfpd & 533 MBopd

~10,000 Private Operators

Just ~1,300 Privates produce >100 Boepd

Top 35 Privates - 12 are Family Owned

Quantum & Kayne Anderson Active in P/E

San Andres, Strawn, Yeso Next Wave

LOGIN TO DOWNLOAD FULL 90-PG STUDY

RS 2507RG

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

DEAL ALERT (CRC BUYS BERRY)

CRC JUMPS AS CALIFORNIA REFORMS
STUDY
SPECIAL REPORT (SEPT 18, 2025)

SPECIAL REPORT (SEPT 18, 2025)

California Resources Buying Berry Corp.

CRC JUMPS AS CALIFORNIA REFORMS

Pays 15% Premium To Secure Deal

$717MM: $309MM Equity + $408MM Debt

24,300 BOEPD (92% Oil, 2% NGLs, 6% Gas)

120,000 Net Acres, 20,000 in California

Now Produces ~50% of California Oil

Berry's Uinta Assets Give An "Option"

Some Analysts Expect Uinta 2026 Sale

CRC Closed $2.1B AERA Buy July 2024

Golden State Reverses Anti-Oil Stance

Will Approve 2,000 Permits Annually

CLICK TO DOWNLOAD 6-PAGE REPORT

RS 2510DA

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

Market Monitor

HIGHLIGHTS FROM A&D CONFERENCE
RS
LETTER FROM DALLAS

LETTER FROM DALLAS

Update On A&D Marketplace

HIGHLIGHTS FROM A&D CONFERENCE

It's A Sellers Market!

Hot Minerals and NonOp Sectors!

Will Public Markets Continue Shrinking?

Gas Buying Strong!

Update On Private Equity Action...

ABS Funding Driving PDP Consolidation

Delaware Primed For More Consolidation

Average Shale Breakevens $50-$60

Conventional Consolidation Players

Exploration Making a Comeback?

DOWNLOAD OUR 6 PAGE SPECIAL REPORT

RS 2503MM

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

DEAL ALERT (CRESCENT BUYS VITAL)

CREATES PERMIAN AS THIRD CORE
STUDY
SPECIAL REPORT (SEPT 3, 2025)

SPECIAL REPORT (SEPT 3, 2025)

Crescent Energy Buying Vital Energy

CREATES PERMIAN AS THIRD CORE

Pays 15% Premium To Secure Deal

$3.05B Via $750MM Equity + $2.3B Debt

138,000 BOEPD (45% Oil, 28% NGLs)

285,000 Net Acres, ~1,000 Locations

Vaults Crescent to Top 10 Pubic E&Ps

Deals Adds to Eagle Ford, Uinta Core

CRGY also shows >$40B in Permian Targets

And >$20B in Eagle Ford Growth Targets

Crescent Soon Selling $1B Non-Core Legacy

Legacy is in WY EOR, Barnett, DJ & Anadarko

CLICK TO DOWNLOAD 9-PAGE REPORT

RS 2509DA

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

Market Monitor

HIGHLIGHTS FROM ENERCOM
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LETTER FROM DENVER

LETTER FROM DENVER

Key Takeaways & Curated Slides

HIGHLIGHTS FROM ENERCOM

Global Oil Demand is NOT Going Away

Companies Stress Testing Lower Oil Prices

We Need To Put The "E" Back In E&P

A&D Active To Strengthen Portfolios

E&P Optimizing For Stronger Economics

OFS Innovating Water, P&A Solutions

Canada Sees Deep Basin IRRs > 50%

International New Activity & Hot Spots

-Namibia, Columbia & Guyana

DOWNLOAD OUR 9 PAGE SPECIAL REPORT

RS 2501MM

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

DEAL ALERT (COP SELLS OKLAHOMA)

COP TARGETS ANOTHER $2.5 B TO SALE
STUDY
SPECIAL REPORT (AUGUST 12, 2025)

SPECIAL REPORT (AUGUST 12, 2025)

Stone Ridge Buys COP's Anadarko Assets

COP TARGETS ANOTHER $2.5 B TO SALE

Flywheel Energy to Operate Assets

Pays $1.3 billion for 40,000 Boepd

120 MMcf/d, 12,800 b/d NGL, 7,200 bbl/d

250,000 Net Acres, Mostly Marathon Legacy

Stone Ridge Targeted $5-$10 B in 2025 Buys

Bought Out JV Ptnr Wincoram Earlier This Yr

Recently Paid >$1 B for Terra Energy Ptnrs

SRE Owns Material Gas in AR, CO & WY

Also an ABS Issuer & Partners w/Gunvor

COP Has Sold $2.5 B Post Marathon Buy

CLICK TO DOWNLOAD 10-PAGE REPORT

RS 2508DA

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

02Q25 QUARTERLY M&A REPORT

$13.4B IN 2Q25 - DOWN FROM $17.0B IN 1Q
STUDY
DEAL PERSPECTIVES (MEDIA VERSION)

DEAL PERSPECTIVES (MEDIA VERSION)

Quick 11 Pages of the Full 34 Page Report

$13.4B IN 2Q25 - DOWN FROM $17.0B IN 1Q

Drop to 12 Deals - From 22 in 1Q

Compares to 23 Deals/Qtr avg. since 2022

EOG Makes Transformative $5.6B Utica Buy

Viper Acquires Sitio Royalties for $4.1B

EQT Pays $1.8B for Olympus Energy

Flywheel Acquires Terra I (Piceance Gas)

Terra Reboots with $300MM from Kayne

P/E Funds 16 Teams So Far in 2025

Diversified & Carlyle Armed w/$2.0B

Deals Expanding Beyond Permian

CONTACT EAG FOR FULL 34 PAGE REPORT

RS 2502MA

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

MARCELLUS/UTICA REGION STUDY V2

APPALACHIAN BASIN
STUDY
APPALACHIAN BASIN PERSPECTIVES V2

APPALACHIAN BASIN PERSPECTIVES V2

April 22, 2025. 51-Page Report.

APPALACHIAN BASIN

MARCELLUS & UTICA

M&A, E&P, Capital Markets, Midstream

34.1 Bcfpd and 148,000 Bopd

~34-Rigs Running, 782-Wells Online 2024

Basin Constrained by Takeaway

Low Cost Structures Bode Well in Higher Gas

EQT, EXPAND, ANTERO Top 3 Producers

Power Gen and LNG Driving Demand Growth

Challenges In Takeaway Persist Short Term

Utica Oil Setting Records, Mainly E. Ohio

DOWNLOAD 51 PAGE REPORT

STUDY 4003MA

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

01Q25 QUARTERLY M&A REPORT

$17.0B IN 1Q25 - UP FROM $9.6B IN 4Q
STUDY
DEAL PERSPECTIVES (MEDIA VERSION)

DEAL PERSPECTIVES (MEDIA VERSION)

Quick 10 Pages of the Full 29 Page Report

$17.0B IN 1Q25 - UP FROM $9.6B IN 4Q

Rebound to 21 Deals - From Record Low 11

Compares to 22 Deals/Qtr avg. since 2022

Diamondback Involved in ~50% of Deal Value

FANG Buys Double Eagle IV for $4.1B

FANG Dropsdown $4.3B to VIPER

IPO: Infinity Natural Resources Goes Public

Elk Range (NGP) Buys OXY's DJ Minerals

Citadel Buys Paloma (Haynesville), $1.2B

Validus Buys 89 Energy III (SCOOP), $850MM

P/Es Continue Buying With ~$2B Last 2 Qtrs

CONTACT EAG FOR FULL 29 PAGE REPORT

STUDY 1007MA

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

Northern Rockies Study

SIX BASINS IN WYOMING, UTAH, COLORADO
STUDY
NORTHERN ROCKIES REPORT

NORTHERN ROCKIES REPORT

March 21, 2025; 50-Page Report

SIX BASINS IN WYOMING, UTAH, COLORADO

Uinta, Piceance, Green River

Powder River, Wind River, Bighorn

M&A, E&P, Capital Markets, Operations

Stacked Oil Pays, Horizontal Redevelopment

Conventional Gas Plays, Emerging Plays

Gross Production: 438 MBopd & 5.0 Bcfpd

High Deal Flow, $6.5 Billion in 2024

305 Operators Provide Ample Opportunities

Deal Activity Continuing, P/E Active

Lower Cost Inventory vs. Permian, EF, HV

DOWNLOAD OUR 50 PAGE REPORT

STUDY 8002MA

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

PERMIAN (DB) REGIONAL STUDY V2

DELAWARE BASIN
STUDY
DELAWARE BASIN REPORT - Vol 2

DELAWARE BASIN REPORT - Vol 2

February 28, 2025; 48-Page Report

DELAWARE BASIN

M&A, E&P, Capital Markets, Operations

STACKED PAY. BONE SPRING & WOLFCAMP

>25,000-Horizontal Wells. 10,000 Verticals.

~160 RIGS RUNNING.

2,341-Drill Permits Issued Last 6 Months

1,885-DUCs Pending

Gross Production: 3.2 MMBopd & 14.8 Bcfpd

Delaware Reported $9 B in M&A, 8.5% Market

P/E Exits While Public Companies Buying

DOWNLOAD THIS 48 PG REGIONAL REPORT

STUDY 3002MA

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

DEAL ALERT (FANG, DE IV, VNOM)

FANG BUYS DE IV, ALSO VNOM DROPDOWN
STUDY
FEBRUARY 21, 2025 SPECIAL REPORT

FEBRUARY 21, 2025 SPECIAL REPORT

Diamondback Deals Continue

FANG BUYS DE IV, ALSO VNOM DROPDOWN

Buys Double Eagle IV Assets for $4.1 Billion

Dropsdown $4.2 Billion to Viper

40,000 Core Midland Acres from DE IV

Largely Undeveloped. (Inventory Play)

Most Attractive Midland Asset Remaining

Dropdown to Viper is Largest Royalty Deal

Viper gets Royalties Carved from Endeavor

Report Includes FANG Deal History

Comparative Look at Royalty Companies

DE IV Founders Involved with $14B in Exits

CLICK TO DOWNLOAD 14-PAGE REPORT

STUDY 1012MA

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

SOUTH TEXAS REGIONAL VOL. 2

EAGLE FORD & AUSTIN CHALK
STUDY
EAGLE FORD & AUSTIN CHALK

EAGLE FORD & AUSTIN CHALK

February 12, 2025 Study. 44-Pages

EAGLE FORD & AUSTIN CHALK

Some Conventional Comments

45 Rigs Running - Down 10% From Year Ago

574 Permits Issued Last 6 Mns

616 DUCs - Up From 520 in July 2023

1.1 MMbopd and 6.8 Bcfpd

Oil Vols Flat, Gas Vols Up 50% Since 2020

COP, EOG and Crescent are Top 3 Producers

Covers M&A, E&P, Capital

$3.3 billion in Pure EF A&D in 2024

Crescent Dominates Buying w/4 Deals

DOWNLOAD 44 PAGE REPORT

STUDY 1008MA

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

04Q24 QUARTERLY M&A REPORT

$9.6B IN 4Q24 - DOWN FROM $12.5B IN 3Q
STUDY
DEAL PERSPECTIVES (MEDIA VERSION)

DEAL PERSPECTIVES (MEDIA VERSION)

Quick 9 Pages of the Full 25 Page Report

$9.6B IN 4Q24 - DOWN FROM $12.5B IN 3Q

$105B in 2024 Versus Record $192B in 2023

Average is $83B per Year since 2015

Record Low 11 Deals in 4Q

Average is 40 Deals per Quarter since 2015

Biggest Deal is Coterra's $3.95B Delaware

FourPoint Buys OVV's Uinta for $2.0B

CRGY Vaults to EF's #2 and #3 Gas & Oil Op.

Equinor Buys EQT's Marcellus Non-OP

Globally, Energy Deals of $263 B in 2024

Expect 2025 Trend Up Over 4Q 2024

CONTACT EAG FOR FULL 25 PAGE REPORT

STUDY 1006MA

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

EAGLE FORD (REFRAC) STUDY

SUPPLEMENT TO S. TEXAS REGIONAL
STUDY
EAGLE FORD REFRAC REPORT

EAGLE FORD REFRAC REPORT

November 2024 (32 page) Report

SUPPLEMENT TO S. TEXAS REGIONAL

Eagle Ford and Eagle Ford Extension Area

430 ReFracs by 33 Operators Studied

COP, Devon, Marathon Dominate ReFrac's

~60% ReFrac's Are Good, Payback <12 mos

ReFracs Can Extend Tier 1 Inventory

Successful ReFracs Seen at $35 oil by COP

Shale 2.0 uses tech, efficiency, analytics

Highly Specialized Techniques

Simultaneous Completions Is Modern Trend

Simul Fracs avg IP180s of 107/boepd/1000'

DOWNLOAD 32-PAGE REFRAC UPDATE

RS 2411SR

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

03Q24 QUARTERLY M&A REPORT

3Q24 NO PUBLIC MERGERS SINCE 2022
STUDY
DEAL PERSPECTIVES (MEDIA VERSION)

DEAL PERSPECTIVES (MEDIA VERSION)

Quick 9 Pages of The Full 26 Page Report

3Q24 NO PUBLIC MERGERS SINCE 2022

$12.4B in 3Q24 - Down from $30.6B in 2Q

19 3Q Deals - Down from 22 in 2Q

Private Equity Drives Top Two Deals of 3Q

Permian Still Leads with 7 of 19, or 37%

Viper Acquired Tumbleweed for $1.1 Billion

Post Oak Buys $475 MM of assets

Conventional Assets Heat Up

APA Sells non-core Permian Conventionals

Private Equity Back on the Rise

EnCap Closes Fund 12 with > $5.25 Billion

CONTACT EAG FOR FULL 26 PAGE REPORT

STUDY 1005MA

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

02Q24 QUARTERLY M&A REPORT

2Q24 DEAL VALUE SLOWS SOME
STUDY
DEAL PERSPECTIVES (MEDIA VERSION)

DEAL PERSPECTIVES (MEDIA VERSION)

Quick 9 Pages of The Full 39 Page Report

2Q24 DEAL VALUE SLOWS SOME

$30.6B in 2Q24 - Down from $51.2B in 1Q

22 2Q Deals - Down from 26 in 1Q

Public Companies Buy 98% of Deals

Permian Cools with <10% Vs. 52% in 2023

Conoco Buys Marathon for $22.5 Billion

SM + NOG Stake Ground in Uinta for $2.2B

Crescent Energy Buys SilverBow for $2.1B

Public Company Consolidation Continues

Conoco Says $2B on Chopping Block

Street Talk Still Has Devon on the Hunt

CONTACT EAG FOR FULL 39 PAGE REPORT

STUDY 1004MA

CONTACT AGENT

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

EAG can monetize your assets

Download packet here
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