Executive Q&A: Ameredev, Part Two
Representing a new generation of nimble entrepreneurs, Ameredev CEO Parker Reese had quick success in his first private-equity outing. With the E&P playing field shifting, can he do it again?
Texas Company Forms $165 Million JV To Develop Permian Wolfcamp
Ares-backed Development Capital Resources agreed to partner with an unnamed private operator to fund development of the Permian’s Wolfcamp Shale.
Marketed: Permian Basin Royalty Interest In Concho-Operated Wells
Caddo Minerals retained EnergyNet for the sale of Permian Basin assets producing from the Wolfcamp Shale in Reeves County, Texas, through a sealed-bid offering closing June 27.
A&D Transactions From The Week Of June 19, 2019
Here’s a snapshot of energy deals from the past week including the closing of a multibillion-dollar asset sale by Callon Petroleum and a ‘true merger of equals’ between two U.S. pressure pumpers.
On The Market Quicklist (Week Of May 22, 2019)
Here’s a quicklist of oil and gas assets on the market including a minerals position in the core of the Bakken/Three Forks shale play plus multiple packages in Oklahoma’s Anadarko Basin.
On The Market Quicklist (Week Of May 15, 2019)
Here’s a quicklist of oil and gas assets on the market including multiple Permian packages such as an operated Southern Delaware Basin position from EnCore Permian plus leasehold in New Mexico’s Lea County.
On The Market Quicklist (Week Of April 24, 2019)
Here’s a quicklist of oil and gas assets on the market including multiple Permian Basin packages in West Texas plus a sealed-bid auction of producing minerals in Oklahoma’s Scoop play.
Permian Continues To Drive US Production Growth
Once late to the Permian party, two supermajors are poised for significant ramp-ups in production from the Permian Basin.
Approach Resources CEO J. Ross Craft Replaced By Sergei Krylov
The Permian E&P with operations focused on the Midland Basin also replaced other members of its leadership teams that Approach Resources said will reduce nearly one-fifth of its corporate overhead.
Callon Petroleum To Sell Piece Of Permian Basin Position For Up To $320 Million
An undisclosed company agreed to buy Callon’s position in the Ranger operating area, comprised of 9,850 net acres in the southern Midland Basin of the Permian.