DUG Permian panelists acknowledge the challenges posed by ESG and climate concerns in the post-COVID finance environment, but expect cheap debt and higher valuations to push midstream deals forward.
Lime Rock Resources reached a definitive agreement to buy oil and gas properties in the Permian Basin for $508.3 million from an undisclosed private seller.
Washington, D.C.-based solar energy firm Sol Systems and KKR announced a new strategic partnership in which KKR is committing up to $1 billion to acquire shovel-ready projects.
The commitment will be used to continue Grenadier Energy’s strategy to acquire, develop and exploit assets, which The Woodlands, Texas-based E&P company says it has employed successfully through multiple iterations.
Industry veterans David Colt and Maritza Liaw join NGP as partners, focusing exclusively on energy transition investing through NGP ETP, the Dallas-based private equity firm’s energy transition platform.
Enverus analyzed production history, pricing, velocity and rig count activity to better understand the role and influence private E&P operators are playing in the oil patch and the expected outcomes in the near future.
The combined entity will retain the WildFire Energy name and operated by the WildFire management team, who have extensive experience in the Eagle Ford having previously managed WildHorse Resource Development.
The portfolio acquired by Mesa II on July 8 consists of about 15,000 net royalty acres and is located in the core of the Haynesville in North Louisiana, according to Darin Zanovich, the company’s president and CEO.
Most recently, Ravi Purohit served as general counsel at Blackstone Infrastructure Partners, a $15 billion open-ended global infrastructure fund, through a secondment from the partnership at his prior firm.