Inside Continental Resources’ $250 Million Foray into Carbon Capture
The Williston Basin has the ideal properties for long-term carbon storage, Continental Resources Founder Harold Hamm told Hart Energy at an event in Fargo, N.D. announcing the shale producer’s first carbon capture project.
Energy A&D Transactions from the Week of March 2, 2022
Here’s a snapshot of recent energy deals including a $1.3 billion acquisition in the D-J Basin by PDC Energy and Chevron’s $3 billion clean energy bet.
On the Market Oil and Gas Quicklist (Week of March 2, 2022)
Here’s a quicklist of oil and gas assets on the market including the sale of three Camino Natural Resources packages in the Midcontinent region located in Central Oklahoma, the Anadarko Basin and the Mississippi Lime play.
Continental Resources Enters Carbon Capture Space with $250 Million Investment
Continental Resources agreed to commit $250 million to Summit Carbon Solutions as part of a strategic investment in the construction of the largest carbon capture and sequestration project of its kind in the world.
Marketed: Battalion Oil Bakken Shale, Burke County, North Dakota
Battalion Oil Corp. retained EnergyNet for the sale of a Bakken Shale package comprising of leasehold acreage and nonoperated working interest in North Dakota’s Burke County through an auction closing March 2.
Energy A&D Transactions from the Week of Feb. 23, 2022
Here’s a snapshot of recent energy deals including the closing of Earthstone Energy’s acquisition of Warburg-backed Chisholme Energy for $604 million in the Permian Basin.
On the Market Oil and Gas Quicklist (Week of Feb. 23, 2022)
Here’s a quicklist of oil and gas assets on the market including a Momentum Minerals multibasin assets opportunity in what is expected to be one of the largest mineral packages to go to market this year.
Dakota Access Oil Pipeline Suffers US Supreme Court Setback
The Dakota Access pipeline has been the subject of a lengthy court battle between tribes seeking its closure and Dallas-based Energy Transfer.
Marketed: Momentum Minerals Multibasin Assets Opportunity
Momentum Minerals retained Tudor, Pickering, Holt & Co. (TPH) to seek proposals for the sale of mineral assets in the Permian, South Texas, Haynesville and Williston basins.
Marketed: Slawson Exploration Nonop Working Interest, ORRI
Slawson Exploration Co. Inc. retained Eagle River Energy Advisors LLC for the sale of certain wellbore only, nonoperated working interests and overriding royalty interest in North Dakota, Montana, Wyoming and Colorado.