The world will need more energy and the responsible North American energy industry can provide it while lowering emissions, Quantum Energy Partners’ CEO S. Wil VanLoh says.
Elk Range Royalties recently said it acquired certain Permian Basin royalty interests from an undisclosed seller evenly split between the Delaware and Midland basins.
Find out why traditional valuation methodologies may not be appropriate for new technologies and/or early-stage private equity energy investments.
Warburg Pincus-backed Citizen Energy agreed to acquire from an undisclosed seller 28,000 net acres described as a “gas-rich, bolt-on acquisition” to the company’s existing Anadarko Basin footprint.
Proceeds from the GIP investment will be used to fund the organic growth of Easton Energy’s asset base and other strategic growth opportunities, with a tailored delayed draw structure to support both existing and future growth projects.
Houston-based Crescent Pass Energy closed on the acquisition of producing assets in the northern area of the Eagle Ford play from Armor Energy, as well as three bolt-on acquisitions in the Cotton Valley trend in East Texas.
Chisholm Energy was formed in 2016 and has built a portfolio of acreage in the New Mexico portion of the Delaware Basin, according to its website.
In its most recent partnership with EnCap, the Sabalo management team built a position in the Midland Basin of over 21,000 net acres, which it sold to Laredo Petroleum for $715 million in July.
The acquisition of Double Drop Resources significantly expands Lagoon Water Midstream’s operations and establishes it as a multibasin water management company.
U.S. energy producers have cut so deeply into a once-large reserve of oil wells waiting to be turned on they soon may have to resume drilling to keep production from sagging.