ExxonMobil to Sell Older Permian Assets to Hilcorp in $1B Deal

• Wednesday, 13th November 2024
• by Doaa Ashraf

Exxon Mobil Corp. has reached an agreement to sell its conventional oil drilling assets in the Permian Basin of Texas and New Mexico to Hilcorp Energy for approximately $1 billion, according to Reuters. “The sal...

Hilcorp Energy Acquires BP’s $5.6 B Business in Alaska

• Sunday, 20th December 2020
• by Editorial Team

Hilcorp Energy has finally completed its $5.6 billion acquisition of BP business in Alaska, taking over BP’s run of 60 years in operation. Hilcorp’s Harvest Alaska, a midstream services provider, received approv...