Deals this week: Whiting Petroleum Corporation, Oasis Petroleum, Carrizo Oil & Gas

Whiting Petroleum Corporation has announced the pricing of a private placement of senior notes.

The notes bear a coupon rate of 6.625% a year and will mature in 2026.

The net proceeds from the placement are intended to be used for the redemption of the company’s 5% senior notes, due in 2019, as well as for the payment of associated fee and expenses.

Oasis Petroleum has agreed to buy oil and gas assets situated in the Delaware Basin from Forge Energy.

The transaction involves a purchase consideration of $946m, which will be funded by the company through a cash payment of $483m and issuance of 46 million shares worth $463m.

Scheduled for completion in February 2018, the transaction will allow Oasis Petroleum to enter the Permian Basin.

Carrizo Oil & Gas has agreed to dispose certain Eagle Ford Shale assets for $245m.

The assets extend over an area of approximately 24,500 net acres.

The transaction will increase Carrizo Oil’s assets base to 78,500 net acres in the Eagle Ford Shale area.

The asset sale will enable the company to fortify its balance sheet by paying off additional debt.

The transaction is scheduled for completion by the end of January 2018.

Noble Midstream Partners has filed a prospectus with the US Securities and Exchange Commission for the issuance of 3.2 million shares. Underwriters to the offering have been granted a 30-day option to buy an additional 480,000 shares.

Citigroup Global Markets is the book-running manager, whereas Sidley Austin and Andrews Kurth Kenyon are the legal advisors for the offering.

The transaction will allow the company to fund its proposed acquisition of Saddle Butte Rockies Midstream and the associated expenses.

BKV Oil and Gas Capital Partners has agreed to acquire oil and gas assets situated in Wyoming County, Pennsylvania, from Warren Resources.

The transaction involves a purchase consideration of $105m and a further two payments of $3.75m each over the next two years, subject to natural gas prices.

The asset acquisition will allow BKV Oil and Gas to produce more than 200 million cubic feet a day of natural gas.

Scheduled for completion by the end of December, the transaction will enable the acquirer company to fortify its oil and gas assets portfolio.

Eclipse Resources Corporation has agreed to buy certain oil and gas assets from Travis Peak Resources in the Flat Castle project area for $93.7m. The company intends to fund the transaction through the issuance of shares.

Scheduled for completion in January 2018, the transaction will enable Eclipse Resources to fortify its assets portfolio in Appalachian Basin.

Eclipse Resources has simultaneously entered an agreement with Cardinal Midstream II to buy the latter’s outstanding interests in Cardinal NE Holdings for $18.3m.