Ensign Natural Resources LLC
About
Ensign Natural Resources is an exploration and production company operating in the Eagle Ford Shale in South Texas. The company is focused on making disciplined investments, continuously improving and applying modern technology. CEO Brett Pennington, the former senior vice president of onshore at Murphy Oil, is joined by a management team experienced in finding, developing and exploiting unconventional assets. Ensign is funded through Warburg Pincus and the Kayne Private Energy Income Funds platform.
Headquarters Address
Houston, TX
United States
Transactions
Marathon Oil to Acquire Ensign in $3 Billion Eagle Ford Deal
Marathon Oil to Acquire Ensign in $3 Billion Eagle Ford Deal
India’s Reliance Deals Eagle Ford Asset to Ensign, Exiting US Shale
India’s Reliance Deals Eagle Ford Asset to Ensign, Exiting US Shale
Newpek Sells Out of Texas Shale Including Eagle Ford Joint Venture
Newpek Sells Out of Texas Shale Including Eagle Ford Joint Venture
Pioneer Completes Permian Transformation With Eagle Ford Sale For Up To $475 Million
Pioneer Completes Permian Transformation With Eagle Ford Sale For Up To $475 Million
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News
‘We can be patient’: Marathon Oil Isn’t Rushing into Large-Scale M&A
As a wave of large-scale M&A sweeps over the U.S. shale sector, rumors are swirling that Marathon Oil is looking at acquisitions, but CEO Lee Tillman sees no need to rush into a deal.
The Great Eagle Ford Refrac
Recompletions in the Eagle Ford are underway, with future refrac wells identified by companies such as Devon Energy and Murphy Oil.
Analysts: Shale M&A Opportunities Shrink After Ovintiv’s $4.2 Billion Permian Deal
With Ovintiv Inc. scooping up three EnCap-backed drillers in the core Midland Basin, public E&Ps have fewer places to look to add quality inventory runway, analysts say.
Marathon Closes $3B Eagle Ford Buy From Ensign
Marathon Oil’s transaction, along with other Eagle Ford deals — and Chesapeake Energy Corp.’s efforts to sell its South Texas position — have put the play back in the M&A spotlight.
A&D Minute (Dec. 21, 2022): Holiday Special Edition [WATCH]
Test your transaction knowledge with a trivia game in this week's A&D Minute! Which groundbreaking deals made it into the exclusive $2 billion club in 2022?
![A&D Minute (Nov. 9, 2022): Eagle Ford M&A Reignites [WATCH]](/sites/default/files/styles/image_480x320_3_2/public/image/2022/11/ad-minute-nov-9-2022-eagle-ford-ma-reignites-watch.jpg?itok=8LKhULkf)
A&D Minute (Nov. 9, 2022): Eagle Ford M&A Reignites [WATCH]
Also in this week’s A&D Minute: Marathon’s Ensign deal, EOG establishes its “next large-scale premium resource play” and EQT’s plans to control its own destiny.
Marathon Oil to Acquire Ensign in $3 Billion Eagle Ford Deal
Through its acquisition of Ensign Natural Resources, Marathon Oil is gaining 130,000 net acres adjacent to the Houston-based company’s existing Eagle Ford position in South Texas.
Dynamic Routing: A New Shale Operating Model
Eagle Ford Shale operator Ensign Natural Resources has taken the operate by exception model a step further into the future, by developing what the company refers to as a dynamic routing operating model.
India’s Reliance Deals Eagle Ford Asset to Ensign, Exiting US Shale
The acquisition of Reliance’s U.S. shale position is set to make Ensign Natural Resources one of the premier private operators in the Eagle Ford, the Houston-based company said.
Newpek Sells Out of Texas Shale Including Eagle Ford Joint Venture
The transaction has an implied value of $88 million for Newpek, resulting from the cancellation of its obligations in joint venture and operating contracts with Ensign and Reliance.
A&D Trends: Bottom Dollar
Analysts had plenty to say about Pioneer Natural Resources’s Eagle Ford asset sale to Ensign Natural Resources.
Pioneer Completes Permian Transformation With Eagle Ford Sale For Up To $475 Million
Pioneer confirmed today the sale of its remaining Eagle Ford Shale assets to a Warburg Pincus-backed company, finalizing its status as a Permian Basin pure-play company.