Recently, Hart Energy’s Jessica Morales sat down with Noble Royalties CEO Scott Noble to find out his path. Noble said he actually wanted to be a doctor when he first started planning for a career. But a bout with a queasy stomach steered him another way. Noble began working with his father, drilling and operating wells for 12 years.
Once it was time to sell, the payout wasn’t what he expected. "That gave me the idea, should I be buying production rather than trying to find production? That is when I started buying minerals in 1997. But, I have the mindset of a driller and I think that has been a huge advantage,” said Noble.
Strand Energy LC retained EnergyNet Indigo for the sale of certain oil and gas properties and related assets located in the Permian Basin and Eagle Ford / Austin Chalk trend through a sealed-bid offering.
Centennial Resource Development retained TenOaks Energy Advisors as its exclusive adviser in the sale of its Big Chief asset located in the southern Delaware Basin in Reeves County, Texas.
Here’s a snapshot of recent energy deals including Shell’s U.S. shale exit through the $9.5 billion cash sale of its Permian Basin position to ConocoPhillips.