Just weeks after going public on the New York Stock Exchange, Mach Natural Resources is growing its position in Oklahoma with an $815 million acquisition from Paloma Partners IV LLC.
Led by Chesapeake Energy co-Founder Tom Ward, Anadarko Basin E&P Mach Resources is the second public offering by an MLP this year.
In a conversation with Hart Energy's Nissa Darbonne at the SUPER DUG conference and exhibition, Elevation Resources CEO Steve Pruett says he prefers to see stable oil prices rather than unsustainable prices in the triple digits.
After growing into one of the nation’s largest public mineral and royalty companies last year through a $4.8 billion merger with Brigham Minerals, Sitio is searching for more deals, primarily in the Permian Basin.
PHX has added roughly 1,800 royalty acres in the SCOOP and Haynesville since July.
Michael Joseph Hess, trustee, and Stanley O. Hess Revocable Living Trust retained EnergyNet for the sale of a nine-well package in Canadian County, Oklahoma, operated by Camino Natural Resources LLC, Canvas Energy LLC, Paloma Resources LLC and Teocalli Explorations LLC.
An undisclosed seller retained Meagher Energy Advisors for the sale of non-operated production, leasehold and minerals assets spanning three Oklahoma counties in the STACK/SCOOP play.
Bison Water Midstream, which bills itself as the largest water infrastructure and logistics company in Oklahoma, added recycling and storage facilities in the pair of STACK deals.
Here’s a quicklist of oil and gas assets on the market including a Recoil Resources Eagleville Field well package within the Eagle Ford Basin in Atascosa and Wilson counties, Texas.
Here’s a snapshot of recent energy deals including Marathon Oil’s $3 billion cash acquisition of Ensign Natural Resources in the Eagle Ford Shale plus Kimbell’s largest deal in four years.