Jordan
Blum
Hart Energy
Hart Energy
Utica Oil Riches’ Biggest Challenge: Moving the Crude
Leslie Armentrout, the president and co-founder of Silver Cross Energy Partners discusses the opportunities of the Central Basin Platform and Utica—and the challenges.
As Permian Gas Pipelines Quickly Fill, More Buildout Likely—EDA
Natural gas volatility remains—typically with prices down, and then down further—but demand is developing rapidly for an expanded energy market, East Daley Analytics says.
Analyst: Public E&Ps Race to Stay Relevant in a Consolidating Energy Market
A shrinking pool of opportunities is leading to scarcity and driving the rising valuations for crude E&Ps in the current A&D market, said TD Cowen analyst David Deckelbaum at Hart Energy’s A&D Strategies and Opportunities Conference.
Northern’s O’Grady: Most of ‘Best’ Acres ‘Already Been Bought’
Adding new-well inventory going forward will require “exploration or other creative measures,” said Nick O’Grady, whose Northern Oil and Gas holds interests in 10,000 Lower 48 wells.
Northern Scores Early Mover Advantage with $2.6B Uinta Basin Deal
Northern Oil and Gas CEO Nick O’Grady said the Uinta Basin has stayed off the radar but a time may come when Utah’s best kept secret starts to heat up in the M&A market.
Crescent to Double, Largely Through M&A, in the Next Five Years, CEO Says
Crescent Energy CEO David Rockecharlie said that after closing the SilverBow acquisition, the company is continuing to hunt for new assets, although few make it past the company’s screening process.
Lime Rock CEO: Small, Mid Cap E&Ps Stuck in M&A ‘No Man’s Land’
Eric Mullins said that as large-scale M&A players begin to rationalize their purchases, as much as $18 billion in non-core divestments could find homes to asset-hungry acquirers.
Quantum Teams Looking for Acquisitions ‘Off the Beaten Path’
Blake Webster, partner at Quantum Capital Group, said the private-equity firm’s portfolio teams are looking to buy from sellers looking for cash buyouts, though not necessarily in the usual places.
Post Oak Capital Backs Permian Team, Invests in Haynesville
Frost Cochran, managing partner at Post Oak Energy Capital, said the private equity firm will continue to focus on the Permian Basin while making opportunistic deals as it recently did in the Haynesville Shale.
Financiers: Family Offices Worldwide are Queuing to Invest in E&P
U.S. family offices have stepped in quickly to fill the void left by other investors while family desks abroad have been slow to move but they’re watching closely, financiers say.