Public Capital

Business , Public Capital , Acquisitions & Divestitures , Trends

What to Consider When Using Stock in an Oil and Gas Transaction

Here are five concepts to keep in mind when utilizing stock as a form of consideration in an oil and gas transaction.

October 13, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures

SilverBow Snaps Up More Eagle Ford Acreage with $75 Million Acquisition

The transaction represents SilverBow Resources’ third acquisition in the Eagle Ford since the beginning of August and the largest to date for the company, says CEO Sean Woolverton.

October 11, 2021

Public Capital , Emissions , ESG , Shale Plays

US Shale Producer Apache Reaches Flaring Goal Ahead of Schedule

Future wells will not be brought online by Apache without adequate gas takeaway capacity going forward, says John J. Christmann IV, APA’s CEO and president.

October 11, 2021

Public Capital , People , ESG , Shale Plays

Chesapeake Energy Names Finance Head Nick Dell’Osso as Next CEO

Domenic “Nick” Dell’Osso has been appointed as president and CEO and a member of Chesapeake Energy’s board, effective immediately. Mike Wichterich, who served as interim CEO, will assume the role of executive chairman.

October 11, 2021

Public Capital , Earnings

Shell Flags $400 Million Hit from Hurricane Ida to Earnings

However, in an update ahead of quarterly results this month, Shell also flagged a boost to cash flows from soaring natural gas and electricity prices.

October 7, 2021

Public Capital , Shale Plays , Mergers

Penn Virginia Rebrands as Ranger Oil Following Close of Lonestar Acquisition

The rebrand to Ranger Oil reflects a focus on “safe and efficient oil and natural gas operations in Texas,” where Penn Virginia—which has a corporate lineage dating back to the late 1800s—eventually narrowed its focus in the Eagle Ford Shale.

October 7, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures

Comstock Resources Sells Bakken Shale Assets for $154 Million in Cash

Comstock Resources plans to reinvest the proceeds into the Haynesville Shale, which the company said may include the acquisition of additional leasehold and funding drilling activity in 2022.

October 7, 2021

Public Capital , Unconventional , Shale Plays , Acquisitions & Divestitures

Callon Petroleum to Sell Noncore Eagle Ford Acreage for $100 Million

Separately, Callon Petroleum also announced the closing of its acquisition of Primexx Energy Partners in the Delaware Basin plus a boost to its production forecast.

October 6, 2021

Public Capital , Investment

Oil and Gas Investment Strategies: Probing the Buyside

The choice is to invest in oil and gas equities or wait on the sidelines. Some buysiders see opportunity.

October 6, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures

SilverBow Closes $33 Million All-stock Acquisition in Eagle Ford Shale

The recent acquisition bolstered SilverBow Resources’ gas position in the Eagle Ford in McMullen and Live Oak counties while also adding new oil positions in Atascosa, Lavaca and Fayette counties in South Texas.

October 4, 2021