Chris
Mathews
Hart Energy
Oil, Gas Completions Company Covenant Testing Rebrands as One X
Covenant Testing said the name change to One X is meant to bring awareness to the company’s “comprehensive, end-to-end solutions for our clients.”
Mach to Sell Additional Common Units to Fund A&D
Mach Natural Resources announced that the underwriters of its public offering of 7.27 million units have exercised an option to purchase an additional 1 million common units at $16.50 per unit.
Carnelian Backs Williston E&P Zavanna as Bakken M&A Heats Up
Carnelian Energy Capital Management LP invested in Zavanna LLC, a longtime producer in the North Dakota Bakken and Three Forks plays.
Quantum Backs Tug Hill Team in New E&P Vickery Energy
Quantum Capital Group is backing the executives behind Tug Hill Operating, which sold to EQT Corp. for $5.2 billion, in a new Appalachian Basin company Vickery Energy Partners.
Trafigura Appoints Holtum to CEO, Weir Appointed Chairman
Richard Holtum will assume the CEO position on Jan. 1, 2025, and current CEO Jeremy Weir will assume his new position as chairman of the board.
Diamondback to Sell $2.2B in Shares Held by Endeavor Stockholders
Diamondback Energy, which closed its $26 billion merger with Endeavor Energy Resources on Sept. 13, said the gross proceeds from the share’s sale will be approximately $2.2 billion.
Optimizing Direct Air Capture Similar to Recovering Spilled Wine
Direct air capture technologies are technically and financially challenging, but efforts are underway to change that.
Analyst: Is Jerry Jones Making a Run to Take Comstock Private?
After buying more than 13.4 million Comstock shares in August, analysts wonder if Dallas Cowboys owner Jerry Jones might split the tackles and run downhill toward a go-private buyout of the Haynesville Shale gas producer.
Matador Offers $750 Million in Senior Notes Following Ameredev Deal
Matador Resources will offer $750 million in senior notes following the close of its $1.83 billion Ameredev II acquisition.
Aethon, Murphy Refinance Debt as Fed Slashes Interest Rates
The E&Ps expect to issue new notes toward redeeming a combined $1.6 billion of existing debt, while the debt-pricing guide—the Fed funds rate—was cut on Sept. 18 from 5.5% to 5%.