Law firm Baker Botts’ energy litigation team sent out an update on trends the lawyers are seeing relating to litigation and oil and gas development. Meghan Dawson McElvy is the firm’s point person in this practice area. The firm said that the traditional E&P buy-and-flip model for private equity energy firms consisted of putting acreage together with a management team
Another private equity – E&P exploration program Private non-op Houston Energy, L.P. announced that it has entered into a strategic agreement with a private equity firm for deepwater Gulf of Mexico non-operated exploration projects. [contextly_sidebar id=”PuCxewNxItAG5PhNsSOyacpIkm0tnWRm”] Houston Energy Co-Founder and Co-O Ron Neal said: “We are very pleased to enter into this venture and exploration program with our new private
Bonanza Creek Energy Announces Results of Borrowing Base Redetermination and Participation in Upcoming Investor Conference…
Spur, KKR start with Permian Northwest Shelf acquisition Looks like a new muscle car is pulling into the Permian Basin. And it’s powered by a full tank of high octane gas. Spur Energy Partners LLC, led by co-founder and former CEO of WildHorse Resource Development Jay Graham, and KKR (NYSE: KKR) have formed a partnership to acquire large, high-margin oil
ERC up 29 as strong productivity outweighs declining activity By Richard Rostad, analyst, Oil & Gas 360 Oil & Gas 360 has released its latest Effective Rig Count, evaluating the state of drilling activity and reported production from the major shale basins. The Effective Rig Count rise in April, breaking a four-month slide, with an effective 29 rigs coming online in
Goodrich Petroleum Announces Recent Developments and First Quarter 2019 Financial Results
EERC down for fourth straight month By Richard Rostad, analyst, Oil & Gas 360 Oil & Gas 360 has released its latest Effective Rig Count, evaluating the state of drilling activity and reported production from the major shale basins. The Effective Rig Count fell once again in March, with an effective 51 rigs coming offline in the month. The major shale
For now, Wall Street has turned off the shale funding spigot By Bevo Beaven, Editor, Oil & Gas 360, with Richard Rostad, Analyst Oil and gas funding is evolving. Initial public offerings, secondaries and follow-on equity raises are no longer an easy-to-turn-on cash spigot that sits ready to fill the bank accounts of public exploration and production (E&P) companies with
But Anadarko Basin faces declining production as drilling slows By Richard Rostad, analyst, Oil & Gas 360 Oil & Gas 360 has released its latest Effective Rig Count, evaluating the state of drilling activity and reported production from the major shale basins. The Effective Rig Count continued to slide in February, dropping by 33 to 2,782. This indicates that it would
American Midstream Announces Agreement for the Purchase of its Outstanding Common Units by an Affiliate of ArcLight Energy Partners…
Transaction provides Goodnight Midstream access to $300 million incremental capital to accelerate growth TPG Capital, the private equity platform of global alternative asset firm TPG, has signed a definitive agreement to acquire a majority stake in Goodnight Midstream, a leading midstream produced water infrastructure company, from Tailwater Capital for approximately $930 million. TPG is acquiring the company from Tailwater Capital
EnerCom Dallas E&Ps are positioned for whatever 2019 offers up The 2019 EnerCom Dallas oil and gas investor conference, which is taking place 48 stories above the streets of downtown Dallas this week, presented oil and gas producers and institutional investors a terrific view of some extra thick Texas-sized fog on Wednesday, along with a diversified group of presenting companies
