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Ring Energy to Acquire Stronghold for up to $465 Million
2022-07-05 - Following the closing of the transaction, the owners of Stronghold II Operating, founded in 2017 by father and son duo Steve and Caleb Weatherl, will become Ring Energy’s largest stockholder.
US Shale Producer Pioneer Increases Production Cost Forecast
2022-04-28 - Pioneer Natural Resources will temporarily add one hydraulic fracturing fleet during the second quarter to make up for the work lost during a third-party sand mine outage, according to a filing.
DUG Permian, Eagle Ford: Sheffield Says Energy Security Issues Trump ESG Concerns
2022-05-18 - “Nobody’s going to drop ESG, but energy security has become 10 times more important than ESG,” Pioneer Natural Resources CEO Scott Sheffield told DUG Permian and Eagle Ford attendees.
Earthstone Closes Bighorn Acquisition Alongside Debt, Equity Financings
2022-04-19 - Earthstone Energy announced in late January its agreement to acquire the assets of privately held Bighorn Permian Resources in the Midland Basin for roughly $860 million in cash and stock.
Devon Energy Acquires RimRock Oil and Gas in $865 Million Bolt-on
2022-06-08 - Devon Energy agreed to acquire the leasehold interest and related assets of RimRock Oil and Gas, a Warburg Pincus portfolio company focused in the Williston Basin.