Acquiring Company
Continental Resources
Acquired Company
Phoenix Global Resources
Oklahoma
Buenos AiresEnergyOil And GasEnergyOil And GasRenewable EnergyDescription
Continental Resources has signed a Heads of Agreement to acquire a 50% interest in Phoenix Global Resources, forming a joint venture with Mercuria Energy Group. This joint venture aims to enhance production in Argentina's Vaca Muerta region. The collaboration will utilize the combined expertise of Continental and Mercuria to drive growth and investment in the area.
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Based on deal dataFrequently asked
Who acquired Phoenix Global Resources?
Phoenix Global Resources was acquired by Continental Resources, based in Oklahoma. The deal was reported on August 20, 2026. Continental Resources is a leading independent oil and natural gas exploration and production company in the United States. The company is recognized for its expertise and operational excellence in the Anadarko Basin. Continental Resources is privately held and operates in Energy.
When did Continental Resources acquire Phoenix Global Resources?
Continental Resources's acquisition of Phoenix Global Resources was reported on August 20, 2026. Continental Resources has signed a Heads of Agreement to acquire a 50% interest in Phoenix Global Resources, forming a joint venture with Mercuria Energy Group. This joint venture aims to enhance production in Argentina's Vaca Muerta region. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Phoenix Global Resources do?
Phoenix Global Resources is a subsidiary of Mercuria Energy Trading and operates in the field of energy resources. It operates in Argentina and is involved in the exploration and production of oil and gas. It is privately held, operating in Energy, and is based in Buenos Aires.
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