Darren
Barbee
Oil and Gas Investor
Franklin Mountain Pulls Trigger on Gunbarrel’s 18-well Delaware Project
In August, Franklin Mountain Energy brought online its 18-well Gunbarrel project, targeting the Delaware Basin’s Third Bone Spring and Wolfcamp A, among other intervals.
Marketed: ConocoPhillips Bakken Shale Opportunity
ConocoPhillips has retained EnergyNet for the sale of working interest participation in three wells located in the Bakken Shale in McKenzie County, North Dakota.
Marketed: Wagner Oil 90 Property Packages in Oklahoma, Texas
Wagner Oil Co. has retained EnergyNet for the sale of 90 property packages in various counties in Oklahoma and Texas.
Williams Denies Seeking Buyout of Targa
Williams denied reports from anonymous sources that Targa had rebuffed “informal” interest from Williams.
Mach Taps Equity Markets to Fund $136MM in Midcontinent M&A
Mach Natural Resources is offering to sell common units to fund two pending acquisitions in the Ardmore and Anadarko basins.
TXO Partners Closes Williston Basin Acquisition for $296MM
MLP TXO Partners reported in regulatory filings that it had closed a 159,000 net acre acquisition in North Dakota and Montana for cash and units.
Crescent Energy Bolts On Oil-weighted Eagle Ford Acreage
The deal, Crescent said, builds on the company’s Eagle Ford M&A in the past 18 months, including its recent $2.1 billion acquisition of SilverBow Resources.
SandRidge Closes $144MM Western Anadarko Basin Acquisition
SandRidge Energy’s deal, with an undisclosed party, adds net production of 6,000 boe/d (40% oil) in Ellis and Roger Mills counties, Oklahoma.
DNO Buys Stakes in Five Norwegian Sea Fields from Vår Energi
DNO’s acquisition of stakes from Vår Energi includes interests in four producing fields—Norne, Skuld, Urd and Marulk— and the Verdande development.
Voyager Midstream Buys Haynesville G&P Assets from Phillips 66
Voyager Midstream acquired about 550 miles of natural gas pipelines, 400 MMcf/d of gas processing capacity and 12,000 bbl/d of NGL production capacity.