A report in early January citing unnamed sources gave the acquisition of RS Energy Group by Enverus, formerly Drillinginfo, a roughly $1 billion valuation.
Pearl Energy Investments and Natural Gas Partners agreed to partner with Eagle Mountain Energy Partners to support the newly formed E&P’s strategy focused primarily in the Williston Basin.
Exxon Mobil and Diamondback Energy are among the companies studying a possible acquisition of Guidon Energy, three sources said.
The Alta Mesa transaction represents the sixth acquisition by partnerships between Tom Ward-led Mach Resources and private equity firm Bayou City Energy Management.
BlackGold Capital said 72% of the net royalty acres in the acquired portfolio are leased by operators in the top quartile of active horizontal rig counts in the Midland Basin.
EnCap Flatrock Midstream welcomed in the “next generation of leadership” with the announcement of three promotions, founder William R. Lemmons Jr. said.
Seth Urruty, COO of Oklahoma-based independent Camino Natural Resources, sat down with Jessica Morales to discuss staying attractive to investors plus utilizing technology.
Genstar Capital is nearing the acquisition of RS Energy Group with plans to merge the Calgary, Alberta-based firm with portfolio company Enverus, according to a report from Bloomberg.
Following closing of the $201.5 million transaction on Jan. 7, Jones Energy became a wholly owned subsidiary of private equity backed Revolution Resources.
Edgewater Midstream was founded in late 2019 to provide independent midstream logistics solutions to refiners, producers and marketers of crude oil, refined products and other bulk liquids.