SandRidge Energy Names Carl Giesler CEO Amid Cost-saving Initiatives
Carl Giesler led the cost and operational turnaround of Jones Energy, which led to the $201.5 million all-cash buyout of the Midcontinent-focused E&P company in January.
Marketed: Nonop Interest, HBP Leasehold, Oklahoma’s Kingfisher County
Massey Oil and Gas and Challenge Oil and Gas retained Oil & Gas Asset Clearinghouse for the sale of a nonop working interest and HBP leasehold package in Oklahoma's Kingfisher County.
Marketed: Midwest Energy Core Stack Royalty, Nonop Assets
Midwest Energy Investments retained Eagle River Energy Advisors for the sale of mineral, lease and ORRI assets and associated development rights in the Stack play of Oklahoma.
E&P Market Intelligence: Less Is More In The Midcon
Midcontinent E&P companies reduce well intensity to generate economic returns.
Anadarko Basin’s Wastewater, Frac Sand Woes
Oil and gas experts examine current practices to better mitigate water-related issues in the Anadarko Basin. Meanwhile, direct-sourcing sand gains ground.
Marketed: Corterra Energy Liquids-Rich Arkoma Basin Properties
Corterra Energy retained Detring Energy Advisors for the sale its oil and gas producing properties, leasehold, and related assets located throughout the core of the Arkoma Basin.
SandRidge CEO Paul McKinney Resigns As Part Of New Initiative
The resignation of Paul McKinney is in connection with SandRidge’s latest initiative designed to maximize free cash flow while also improving shareholder value.
On The Market Quicklist (Week Of Dec. 11, 2019)
Here’s a quicklist of oil and gas assets on the market including a San Juan Basin ORRI package from LOGOS Resources and operated Marcellus properties in West Virginia.
Jones Energy Agrees To $201 Million Buyout By Revolution
Jones Energy, which entered bankruptcy with $1 billion in debt in April, agreed to an all-cash deal for its Anadarko Basin assets.
Marketed: Oklahoma ORRI Package, Canadian County
Raven Resources retained Oil & Gas Asset Clearinghouse LLC for the sale of an Oklahoma overriding royalty interest (ORRI) package in Canadian County.