PHX Minerals Acquires Royalty Acreage Focused in Continental’s SCOOP Area
The majority of the acquired interests are focused within Continental Resources’ SpringBoard III project area located in the southern SCOOP play in Oklahoma, PHX Mineral said in a release.
Biden Administration Discusses Tribes’ Oversight in Oil-Rich Okla.
Talks involve tribes’ input into environmental regulations in much of the eastern half of Oklahoma.
Energy A&D Transactions from the Week of April 7, 2021
Here’s a snapshot of recent energy deals including two large Permian Basin deals including the surprise $6.4 billion acquisition of DoublePoint Energy by Pioneer Natural Resources.
North Avenue Capital Extends More than $5 Million into Oklahoma’s Oil and Gas Industry
North Avenue Capital said it issued a $5.55 million loan to Dibble SWD Holdings, a permitted saltwater disposal facility in Blanchard, Okla., within the SCOOP and STACK region.
Energy A&D Transactions from the Week of March 31, 2021
Here’s a snapshot of recent energy deals including Ovintiv’s Eagle Ford Shale exit through the $880 million sale of its South Texas assets to Validus Energy plus the all-stock merger of Noble Corp. with Houston-based Pacific Drilling.
Marathon Oil Reduces Gross Debt by $500 Million
Marathon Oil intends to fully redeem its 2022 senior notes, which the Houston-based oil and gas producer said will reduce gross debt by $500 million and annual cash interest expense by $14 million.
Tailwater-backed Tall Oak Midstream Grows STACK Position with Redcliff Deal
Tall Oak Midstream, which views itself as a consolidator in the midstream space, was recently acquired by Tailwater Capital, a Dallas-based private equity firm.
On the Market Oil and Gas Quicklist (Week of March 24, 2021)
Here’s a quicklist of oil and gas assets on the market including a 100-well package in the Permian Basin by EOG Resources plus the sale of certain Ryca Energy-operated Louisiana properties.
On the Market Oil and Gas Quicklist (Week of March 17, 2021)
Here’s a quicklist of oil and gas assets on the market including a Delaware Basin package from Tessara Petroleum Resources and a private seller plus the divestiture of certain assets by Windsor Energy across the Williston, Appalachian and Piceance basins.
Marketed: SCOOP / STACK Opportunity in Oklahoma’s Canadian and Caddo Counties
Bobcat Energy Partners LLC retained EnergyNet for the sale of a SCOOP / STACK opportunity in Oklahoma’s Canadian and Caddo counties through a sealed-bid offering.