Ex-Weatherford Chief Guns for 2nd Energy SPAC on Heels of 1st
Former Weatherford International CEO Bernard Duroc-Danner is planning Pyrophyte Acquisition Corp. II, a blank check company led and advised by a wide range of financial and energy executives including Riverstone Holdings’ co-founders.
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Finance
QuikTrip Gains Foothold in Energy Sector with Minerals, Royalties Investment
Following its entry into the energy sector this year, convenience store operator QuikTrip is continuing to evaluate additional energy investments case-by-case, seeing opportunities driven by current power demand needs.
Acquisitions & Divestitures
Prairie E&P Investor Bristol Capital Advisors Plans SPAC
The Park City, Utah-based special purpose acquisition corporation, Vendome Acquisition, expects to IPO in July in a $200 million raise.
Shale Plays
EOG COO: US Shale Peak Near as E&Ps Confront Declines
U.S. shale oil output may be nearing its ceiling, says EOG’s COO, as producers face mounting decline rates and investor pressure. With capital discipline taking priority over growth, even top operators wonder if the shale boom is plateauing.
Renewables
Energy Transition in Motion (Week of June 27, 2025)
Here is a look at some of this week’s renewable energy news, including another move by Meta for more renewable energy to power its data centers.
Finance
Banks’ Oil, Gas Price Decks Steady Despite Global Uncertainty
Haynes Boone’s annual spring survey of energy lender price decks shows some near-term movement, before settling at fall 2024 survey prices with oil in the mid-$50s through 2034.
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Oil and Gas Investor Magazine
Harold Hamm is Still Wildcatting After All These Years
As the founder and chairman of Continental Resources reflects on 25 years of Bakken horizontal development, Harold Hamm urges his fellow U.S. producers to “never quit exploring.”