Acquisitions, a rebranding and the government marketing assets? Get ready for this Hart Energy LIVE A&D Minute, powered by BOK Financial Securities.
Private equity firm OneRock Energy is adding a sizable position in Wyoming in a deal to buy E&P Northwoods Energy, which adds more than 160,000 net acres in the Powder River Basin, and will continue to look for growth opportunities through acquisition.
Superior Pipeline, which has midstream assets in Texas, Appalachia and the midcontinent rebranded to Superior Midstream after full ownership of the company changed hands. Investment Group SP Investor Holdings now owns 100% of Superior after Unit Corp sold its remaining 50% stake.
In the industrial gas space, the U.S. government is preparing to open a bidding process for the Federal Helium System near Amarillo, Texas, and is marketing assets used for producing, refining, and transporting helium to private refiners in Texas, Oklahoma, and Kansas. As well as marketing a large volume of crude helium, which could fetch a premium price. Could an industrial gas major scoop up these assets?
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