Dallas-based Rising Phoenix Royalties Lands Third Acquisition of 2022
Rising Phoenix Royalties’ latest acquisition in the Woodford Basin is a great example of the company’s ability to assist sellers with smaller to medium size deals, says CEO and Founder Jace Graham.
Chart: Midcontinent, Permian Basin Rig Count as of January 7, 2022
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
Updated: Top 12 IP Wells in Woodford Shale
January 2020 update: Two Woodford Wells Completed in Grady County, Okla., by Gulfport Energy
Marketed: Merit Energy Anadarko Basin Nonop, Mineral/Royalty Position
Merit Energy Co. retained PetroDivest Advisors for the sale of its oil and gas nonoperated working interest and mineral and royalty interest concentrated in the core of the Anadarko Basin.
Marketed: Oklahoma Minerals Operated by Continental Resources
A private seller retained PetroDivest Advisors to market for sale its oil and gas mineral and royalty interests under imminent development and operated by Continental Resources in Oklahoma’s Blaine County.
Marketed: Operated Working Interest, Barber County, Kansas
Ramshorn Resources retained Oil & Gas Asset Clearinghouse LLC to market the private sale of an operated working interest package in Kansas’ Barber County that includes interest in 50 wells on 19,024 net mineral acres.
Cimarex Energy Strikes Midcontinent Asset Sale to Tom Ward-led Group
Will McMullen, managing partner of Bayou City Energy, also added that the partnership between BCE and Ward’s Mach Resources plans to start considering acquisitions outside of the Midcontinent region.
Gulfport Energy Taps Former QEP Leadership Following Bankruptcy
In addition to successfully completing its restructuring and exiting bankruptcy, Gulfport Energy also announced the retirement of its CEO David M. Wood, effective immediately.
Best of This Week’s Drilling Activity Highlights (April 30, 2021)
High-volume Bakken completions, Marcellus Shale discoveries from Cabot and Chesapeake plus results of three Woodford Shale wells in Oklahoma’s Grady County by Continental Resources top this week’s oil and gas drilling activity highlights from around the world.
Best of This Week’s Drilling Activity Highlights (April 16, 2021)
Production starts at a Shell-operated venture in the Gulf of Mexico, a horizontal Woodford Shale completion in Pecos County, Texas, plus Crestone Peak Niobrara wells in Colorado’s Arapahoe County top this week’s oil and gas drilling activity highlights from around the world.