Post Tagged with: "Delaware Basin"

Hunters and Gatherers in the Hottest Oil Play in the U.S.

Hunters and Gatherers in the Hottest Oil Play in the U.S.

The Delaware Basin is becoming an increasingly attractive asset, but takeaway could become an issue

The Delaware Basin has become an extremely sought after asset since the decline of oil prices that began in 2014. Even at $50 oil, many …

October 14, 2016 - 5:13 pm Closing Bell Story‎, Midstream, Oil and Gas 360 Articles
Silver Run Jumps into the Delaware with Acquisition of 89% Interest in Centennial Resources

Silver Run Jumps into the Delaware with Acquisition of 89% Interest in Centennial Resources

Former EOG CEO Mark Papa completes acquisition of Delaware Basin pure-play Centennial Resources

Silver Run Acquisition Corporation announced today that it completed its acquisition of an 89% controlling interest in Centennial Resource Production, a pure-play Delaware Basin company with 42,500 …

Resolute Adds to Permian Position with $135 Million Delaware Basin Acquisition

Resolute Adds to Permian Position with $135 Million Delaware Basin Acquisition

Resolute’s new Delaware Basin acreage producing 1,200 BOEPD

Resolute Energy (ticker: REN) announced that it has entered into a definitive agreement with Firewheel Energy LLC, a portfolio company of EnCap Investments, to acquire 3,293 acres of oil and gas properties …

WPX Energy: Its Clear Vision is Paying Off in the U.S.A.’s Hottest Oil Play

WPX Energy: Its Clear Vision is Paying Off in the U.S.A.’s Hottest Oil Play

An Oil & Gas 360® Exclusive Interview with WPX Energy VP of Drilling and Completions Tom Hellman

Since 2014, WPX Energy (ticker: WPX) has been neck-deep in a full speed turnaround.

Its management team has completed more than $5 billion …

PDC Energy Upsizes Offering to Fund $1.5 Billion Delaware Basin Entrance

PDC Energy Upsizes Offering to Fund $1.5 Billion Delaware Basin Entrance

PDC Energy expects gross proceeds of $675 million to help fund a portion of its Delaware Basin acquisition

PDC Energy (ticker: PDCE) announced Thursday that it upsized its public offering to 7.9 million shares of common stock for total gross …

Yates Petroleum Acquired by EOG for $2.5 Billion

Yates Petroleum Acquired by EOG for $2.5 Billion

Acquisition of Yates increases number of EOG drilling locations with 30%+ IRRs by 40%

EOG Resources (ticker: EOG) announced today that it will acquire Yates Petroleum Corporation, a privately-owned E&P headquartered in Artesia, New Mexico, for total consideration of approximately …

PDC Energy Leaps into the Delaware Basin with $1.5 Billion Deal

PDC Energy Leaps into the Delaware Basin with $1.5 Billion Deal

PDC expands inventory life by at least 15 years with Delaware acquisitions

Denver-based PDC Energy (ticker: PDC) announced a $1.5 billion acquisition of two privately held companies with acreage in the core of the Delaware Basin.

The privately negotiated transaction …

Lilis Energy, Inc. – Day Two Breakout Notes

Lilis Energy, Inc. – Day Two Breakout Notes

Lilis Energy presents at EnerCom’s The Oil & Gas Conference®

 During Lilis Energy’s breakout session, management was asked the following questions:

  • Which formation in the Permian are you targeting with the well you are drilling in September?
  • What is your
August 16, 2016 - 5:18 pm Uncategorized
Resolute Energy Corporation – Day One Breakout Notes

Resolute Energy Corporation – Day One Breakout Notes

Resolute Energy presents at EnerCom’s The Oil & Gas Conference®

 During Resolute Energy’s breakout session, management was asked the following questions:

  •  With the sale of the midstream assets, what is that going to do to your LOE’s out of the
NGP, EnLink Form $800 Million Midstream JV in the Delaware Basin: an Oil & Gas 360® Exclusive Interview with NGP’s Tony Weber

NGP, EnLink Form $800 Million Midstream JV in the Delaware Basin: an Oil & Gas 360® Exclusive Interview with NGP’s Tony Weber

New Lobo II expansion of EnLink’s existing Lobo System in the Delaware basin is anchored by long-term commitments from major producers; expects to be operational by year-end 2016

Subsidiaries of EnLink Midstream (ticker: ENLK) and private equity fund NGP Natural

EnerCom Conference Presenter Focus:  Anadarko Petroleum

EnerCom Conference Presenter Focus: Anadarko Petroleum

Anadarko will present at EnerCom’s The Oil & Gas Conference® 21 on Tues. Aug. 16, 2016 at 4:45 pm EST.

Anadarko Petroleum (ticker: APC) is an exploration and production company headquartered in The Woodlands, Texas. Anadarko has operations in the …

Diamondback Energy Enters Delaware Basin with $560 Million Acquisition

Diamondback Energy Enters Delaware Basin with $560 Million Acquisition

Diamondback adds 19,180 net Delaware acres to its primarily Midland Basin assets

Diamondback Energy (ticker: FANG) announced today that the company purchased 38,765 gross (19,180 net) acres in the Southern Delaware Basin for $560 million. The acquisition will provide Diamondback …

Parsley Energy Announces Capital Raises, Acreage Acquisition Agreement

Parsley Energy, Inc. (ticker: PE) announced on May 23, 2016, that the company has reached an agreement to acquire mineral rights under approximately 30,000 acres consisting of Parsley leasehold and other adjacent properties in Pecos and Reeves Counties, Texas, in …

What’s in the Cards for Clayton Williams Energy?

What’s in the Cards for Clayton Williams Energy?

Clayton Williams (ticker: CWEI) and Concho Resources (ticker: CXO) each made significant announcements regarding their respective Delaware Basin positions yesterday, including an acreage swap that is “highly beneficial to both companies,” said Mel Riggs, President of CWEI, in the company’s …

Anadarko Petroleum Increases Q4’15 Oil Sales Guidance by 5%

Anadarko Petroleum Increases Q4’15 Oil Sales Guidance by 5%

Receives Near-term Debt Relief by Extending Credit Maturities

Anadarko Petroleum (ticker: APC) provided a fourth quarter update prior to the opening of the market on December 17, 2015, highlighting news from its drilling program and adjustments to its credit facilities.…

New Mexico’s Under-the-Radar Opportunity for Oil & Gas Development

New Mexico’s Under-the-Radar Opportunity for Oil & Gas Development

Some states have hit the jackpot with massive hydrocarbon deposits. Independent oil and gas companies have turned fossil fuels in Texas, North Dakota and Pennsylvania into economic development powerhouses. These states are among the fastest growing in the country due …

October 6, 2014 - 6:05 pm Midstream, Oil and Gas 360 Articles

Rosetta Resources Acquires Permian Assets from Comstock Resources

Rosetta Resources Inc. (ticker: ROSE) today announced it has entered into a definitive agreement to acquire Permian Basin assets from Comstock Resources, Inc. (ticker: CRK)  for a purchase price of approximately $768 million, subject to customary closing adjustments.

  • Provides
March 15, 2013 - 3:19 pm Mergers & Acquisitions, Oil and Gas 360 Articles