Monday, July 21, 2025
Centennial Resource Development Equity Private Placements Now Total $910 Million

Heard on the Call: Mark Papa Weighs In

“We think the setup is positive for prices in the $65 to $75 WTI range by year-end 2019” By Richard Rostad, analyst, Oil & Gas 360 Oil and gas titan Mark Papa weighed in on the state of the industry today, during Centennial Resource Development’s (ticker: CDEV) conference call. “Oil prices have obviously rebounded strongly relative to early this year,”

Centennial Resource Development Equity Private Placements Now Total $910 Million

Mark Papa Discusses Real Reason U.S. Oil Production Growth is Sliding

CDEV Chairman Mark Papa says tepid U.S. production growth due to running out of Tier 1 drilling locations in 2 of the 3 biggest U.S. oil basins Centennial Resource Development (ticker: CDEV) reported Q3 earnings today and CDEV Chairman and CEO Mark Papa took the occasion to express his observations about the actual reasons for a drop in growth of

Silver Run Purchases Centennial Resources

Mark Papa’s Silver Run will own 89% interest in Centennial Silver Run Acquisition Corporation (ticker: SRAQ), a special purpose acquisition company (SPAC) run by former 14-year EOG Resources (ticker: EOG) CEO Mark Papa, agreed to purchase approximately 89% interest in Centennial Resource Production, an independent E&P located in the core of the Southern Delaware Basin, from an affiliate of Riverstone