Capital Markets Archives - Page 105 of 114 -

Oil Company Shareholders Make Methane a Priority at 2018 Annual Meetings

June 6, 2018

From Breaking Energy Last week at Chevron’s annual general meeting, a shareholder resolution calling on the company to improve its methane management and disclosure received a 45% vote. This strong vote follows a majority vote at Range Resources, where 50.3% of voting shareholders supported a similar methane disclosure resolution (up from just 20% in 2013). Oil and gas industry shareholders are sending

Warburg Pincus Invests $138 Million in Canadian E&P

May 29, 2018

Calgary-based E&P Artis Exploration Ltd. closed a CDN$180 million (USD$138 million) growth equity investment from Warburg Pincus. Founded in 2015, Artis is focused on the Duvernay East Shale Basin of Western Canada, where the company holds a contiguous acreage position of over 260,000 net acres. Artis is led by Darryl Metcalfe, who was previously president and CEO at Artek Exploration.

U.S. Oilpatch Productivity Multiple Climbs Above 3.0 - Oil & Gas 360

EnerCom Effective Rig Count Rises to 2,826 – But Permian Efficiency Gains Tap the Brakes

May 15, 2018

Current operations 3.15 times more productive than those of January 2014 EnerCom has released the latest Effective Rig Count, examining the state of drilling activity in major shale basins. The EERC rose in April, reaching 2,826 rigs. This indicates it would take 2,826 rigs from January 2014 to match the current activity level, due to the significant improvements in techniques

Private Equity: Delivering Capital Upstream

May 11, 2018

In the context of the total business sector, the global private equity industry raised a record $453 billion from investors in 2017, leaving it with more than $1 trillion to pour into companies and new business ventures, Reuters reported at the beginning of the year. The capital raised in 2017 surpassed the previous landmark of $414 billion set in 2007.

Global Oil Production Represented at 2019 EnerCom Conference is 47% Higher than in 2017 - Oil & Gas 360

EnerCom Announces Additional Presenting Companies for The Oil & Gas Conference®

May 11, 2018

EnerCom anticipates 2,000+ institutional investors, 80+ presenters from upstream and oilfield service/technology sectors, energy economists and oil and gas finance professionals EnerCom has updated presenting oil and gas companies for the 23rd annual edition of its popular The Oil & Gas Conference®, coming this summer to Denver, Colo. This year’s oil and gas investment conference will be held August 19-22,

PermRock Royalty Trust Prepares IPO

April 23, 2018

PermRock Royalty Trust will soon launch its initial public offering of 6,250,000 trust units, representing approximately 51.4% beneficial interest in the trust. The initial offering price is expected to be between $19.00 and $21.00 per unit. Boaz Energy II, LLC is the sponsor of the trust and will be selling the units being offered. Additionally, Boaz intends to grant the

Jagged Peak Energy: Private Offering of $400 Million Senior Unsecured Notes

April 23, 2018

Jagged Peak Energy LLC Announces Private Offering of $400 Million Senior Unsecured Notes due 2026

Colorado Oil: Adams County Commissioners Vote to Put in a Temporary Moratorium on Oil & Gas Permit Applications- Oil & Gas 360

Niche Private Equity Firm Aims to Fill a Void with its Debut Upstream Fund

April 20, 2018

An exclusive OAG360 interview with Drillcore Founder and Managing Partner Evan Turner New York-based Drillcore Energy Partners launched its debut fund this week, a $250-million private equity fund targeting U.S. upstream. Drillcore said it seeks to allocate the capital raised from limited partners for its channel of proprietary deal flow. The firm is out of the gate with an inventory of pending

Effective Rig Count Passes 2,700

April 17, 2018

Productivity growth is slowing EnerCom has released the latest Effective Rig Count, examining the state of drilling activity in major shale basins. The EERC is now 2,712, meaning the current level of growth would require 2,712 rigs from January 2014 to achieve. Rigs in today’s drilling environment are now 3.09 times more productive than January 2014 rigs, as operations have

Russia's May oil output hits 11-month low on dirty oil crisis - Oil & Gas 360

Add Salt Creek Midstream to the Delaware Basin

April 16, 2018

Ares Management, L.P. (ticker ARES) and ARM Energy Holdings, LLC have partnered up to develop Salt Creek Midstream, LLC in the Delaware Basin. The company is owned by funds managed by the Ares Private Equity Group and ARM Energy. ARM Midstream Management, LLC, a subsidiary of ARM Energy, will serve as operator of the project. 260 MMcf/d of expandable processing

E&P Bankruptcy Filings Down 67% in 2017: Haynes and Boone

April 11, 2018

Debt involved in oil and gas company bankruptcies since 2015 totals $90 billion International corporate law firm Haynes and Boone has tracked 144 North American oil and gas producers that have filed for bankruptcy since the beginning of 2015. These bankruptcies, including Chapter 7, Chapter 11, Chapter 15 and Canadian cases, involve approximately $90.2 billion in cumulative secured and unsecured

Oil & Gas Industry Sees 10%-20% Borrowing Base Hikes, Predicts Next Big Play: Haynes and Boone Survey Results

April 10, 2018

A look at where the industry believes energy development capital will be sourced More than 80% of Haynes and Boone’s respondents in its newest borrowing base survey expect borrowing bases to increase, with most expecting 10 to 20 percent increases, the firm said today. The energy group at Haynes and Boone said that results of its Spring 2018 Borrowing Base

Premium Content