Matador Resources plans to raise $229.3m by issuing seven million shares in a public offering.

The deal is expected to be completed this May.

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Proceeds secured from the offering will be used by the company to fund an acquisition of mineral acres, drilling and development activities in the Delaware Basin, and for general corporate needs.

Matador Resources is a US-based independent energy company.

BP has raised $500m by issuing 3.643% notes due May 2023 in a public offering.

BP is a UK-based integrated oil and gas company.

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Southern California Gas Company plans to issue 4.125% Series UU first mortgage bonds due June 2048 to raise $400m.

The transaction is expected to be completed by May 2018.

Based in the US, Southern California Gas Company is engaged in natural gas distribution.

“Surge Energy has signed a purchase and sale agreement to acquire oil-producing assets located in the core Sparky area of central Alberta, Canada.”

The funds raised from the bonds issue will be used to repay its debts, and for working capital and other general corporate needs.

Altura Energy has entered an agreement to divest its oil and gas assets located in Alberta and Saskatchewan, Canada.

The C$28.37m ($22.2m) deal will be completed by the end of May 2018.

The Alberta and Saskatchewan assets are located in Eyehill, Eyehill South, Macklin, Wildmere, Killam and Provost Minor areas.

The proceeds from the divestment will be used by Altura Energy to repay its debts.

Ikkuma Resources Corp has signed a non-binding letter of intent to divest certain non-core midstream assets for C$30m ($23.47m).

The proceeds from the divestment will be used to repay debts and finance its flow-through obligations.

Evolution Petroleum Corporation has entered a purchase and sale agreement for the acquisition of certain oil and gas assets located in the Permian Basin, Texas, and north Louisiana, US.

The assets will be acquired from Enduro Resource Partners’ subsidiary for $27.5m.

The deal is expected to be closed by mid-July 2018.

The transaction will enable Evolution Petroleum to strengthen its oil and gas asset base.

Surge Energy has signed a purchase and sale agreement to acquire oil-producing assets located in the core Sparky area of central Alberta, Canada.

The C$28.4m ($22.15m) deal is expected to close by the end of May 2018.

Surge Energy is a Canadian oil exploration and production company.