Earthstone Energy to Acquire Warburg-backed Midland Basin Operator in $185.9 Million Deal
Earthstone Energy’s acquisition of Independence Resources Management is expected to roughly double both the company’s production and adjusted EBITDAX with minimal impact to leverage, says Earthstone CEO Robert J. Anderson.
Best of This Week’s Drilling Activity Highlights (Dec. 11, 2020)
Wolfcamp A discovery by Chevron in Culberson County, Texas, plus high-volume Mississippi Canyon, Niobrara and Marcellus completions top this week’s drilling activity highlights from around the world.
E&P Plus: November 2020 US Drilling Activity Highlights
Check out the latest oil and gas drilling activity highlights across the U.S. featured in the November issue of E&P Plus including a Purple Sage Field-Wolfcamp well in New Mexico, a Haynesville Shale producer in Louisiana’s Sabine Parish and an Ascent Resources Utica Shale discovery.
Best of This Week’s Drilling Activity Highlights (Nov. 13, 2020)
Three Culberson County, Texas, Wolfcamp wells completed by Cimarex Energy plus a Spraberry Field-Wolfcamp discovery reported by Laredo Petroleum in Reagan County, Texas, in the Permian Basin top this week’s drilling activity highlights from around the world.
US Oil Producer Abraxas Petroleum Regains Compliance with NASDAQ
Abraxas Petroleum effected a 1-for-20 reverse stock split of its issued and outstanding shares of common stock on Oct. 19, which boosted the oil producer’s share price above $1 for the first time since July 2019.
Oil and Gas Investor: How to Delaware Today
Securing federal drilling permits, further proving the merits of midspacing wells, making free cash flow, achieving scale and finding an exit or, if not, how to go forward otherwise. Here’s what’s on the minds of oil and gas operators in the Delaware Basin today.
E&P Plus: October 2020 US Drilling Activity Highlights
Check out the latest oil and gas drilling activity highlights across the U.S. featured in the October issue of E&P Plus including Chesapeake Energy Marcellus Shale discoveries plus a Wolfcamp well tested by Occidental Petroleum in New Mexico’s Eddy County.
Best of This Week’s Drilling Activity Highlights (Oct. 16, 2020)
A Bone Spring discovery by WPX Energy within the Permian Basin in Loving County, Texas, plus EOG Resources’ horizontal Wolfcamp Shale producers from a Phantom Field wellpad top this week’s drilling activity highlights from around the world.
On the Market Oil and Gas Quicklist (Week of Oct. 14, 2020)
Here’s a quicklist of oil and gas assets on the market including a Powder River Basin package plus an offering of operated assets and HBP leasehold in Louisiana’s Jefferson and Plaquemines parishes.
On the Market Oil and Gas Quicklist (Week of Oct. 7, 2020)
Here’s a quicklist of oil and gas assets on the market including a package of non-producing minerals in Colorado’s Weld County plus the sale of Riviera Resources’ remaining assets.