Chris
Mathews
Hart Energy
Crescent’s Credit Score Found Positive Following $2.1B SilverBow Deal
Crescent Energy, which is in the process of buying SilverBow Resources, said ratings agencies Moody’s, Fitchand S&P Global reacted positively to the pending $2.1 billion deal.
Enerplus, Chord on Track to Close $4B Williston Deal on May 31
Enerplus Corp. shareholders will vote on the deal, which was already approved by Chord stockholders, on May 24.
Blankenship, Regens: More Demand, More M&A, More Regs
In 2024, the oil and gas industry is dealing with higher interest rates, armed conflicts in Europe and the Middle East, rising material costs, a decrease in Tier 1 acreage and new policies and laws.
CEO: FireBird II Prowls Western Midland Basin for M&A, Deep Exploration
After selling the first FireBird Energy to Diamondback for $1.6 billion, the FireBird II team is adding leases and scaling oil production in the western Midland Basin, CEO Travis Thompson said at Hart Energy’s SUPER DUG Conference & Expo.
CEO: FireBird Energy Constantly Scouring the Midland Basin for Deals
Travis Thompson, CEO of FireBird Energy II, said the company has made about 13 acquisitions since its inception in April 2023 and currently has two rigs running.
Marketed: Gulfport Appalachia Utica Oil Opportunity
Gulfport Appalachia LLC has retained EnergyNet for the sale of three EOG operated Utica wells in Noble County, Ohio.
Marketed: Stone Hill Minerals Holdings Mineral & Royalty Package in Pennsylvania
Stone Hill Minerals Holdings LLC has retained EnergyNet for the sale of a mineral and royalty 99 well package in Susquehanna and Greene counties, Pennsylvania.
Riley Permian Increases Stake in West Texas Power JV with Conduit
Riley Exploration Permian increased its ownership in RPC Power, a JV with Conduit Power, to 50% from 35% and has agreed to sell up to 10 MMcf/d of natural gas as feedstock supply for the generation facilities as RPC plans to sell to ERCOT.
Kimmeridge Exits SilverBow Proxy Fight, Takes Credit for $2.1B Crescent Deal
Kimmeridge will withdraw from a proxy fight with SilverBow Resources in light of a $2.1 billion offer by Crescent Energy for the Eagle Ford Shale E&P.
Wintershall Adopts Halliburton Landmark’s UEM Subsurface Tool
Wintershall Dea is looking to implement the Unified Ensemble Modeling solution in its drilling campaign at the Maria Field in the Norwegian Sea in 2025, allowing real-time static and dynamic data.