Oklahoma City-based Quest Energy Partners LP has filed an S-1 to IPO 8.75 million common units for estimated gross proceeds of some $211.3 million on the Nasdaq as QELP. The MLP's assets as of March 31 consisted of 99% net working interest (82% average net revenue interest) in approximately 1,723 gross gas wells (90% multi-seam wells) and 30 gross oil wells on approximately 510,000 net acres (46% developed) in the Cherokee Basin in southeastern Kansas and northeastern Oklahoma. Production as of March 31 was 41.4 million cubic feet of gas equivalent per day. Proved reserves as of Dec. 31 were 198.2 billion cubic feet equivalent (99% coalbed-methane, 62% proved developed).
Recommended Reading
Former IPAA Chair Steven Hinchman Dies at 66
2025-01-03 - During his time with IPAA, Steven Hinchman founded Scala Energy and became its president and CEO.
Vantage Drilling Names Williams Thomson as New COO
2024-12-31 - Thomson is currently Vantage’s chief commercial officer and CTO and has served the company since 2008.
Baker Hughes Wins Contracts for Woodside’s Louisiana LNG Project
2024-12-30 - Bechtel has ordered gas technology equipment from Baker Hughes for the first phase of Woodside Energy Group’s Louisiana LNG development.
Berry Closes Debt Refinancing to Uphold Growth Commitments
2024-12-26 - Berry Corp. closed a debt refinancing agreement to continue its corporate strategy of promoting scale and diversification.
Venture Global LNG Files Paperwork for IPO
2024-12-20 - Venture Global LNG filed initial paperwork for an IPO on Dec. 20, about a week after the company’s Plaquemines LNG facility started production.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.