
The combination of the Prime Rock and New Dawn acreage positions in the Louisiana Austin Chalk creates “one of the premier positions in the entire trend,” says Ghasem Bayat, New Dawn vice president. (Source: Hart Energy/Shutterstock.com)
Subscribe now to get unmatched and complete coverage of the Energy industry’s entire landscape!
View our subscription options-
Access to site wide content
-
Access to our proprietary databases
-
Watch exclusive videos with energy executives
-
Unlimited access to an extensive library of Playbooks, Techbooks, Yearbooks, supplements, and special reports
-
Newly Added! Access to Rextag's Energy Datalink, containing extensive GIS databases of energy assets, production records, processing capacities, physical locations, planned projects, acquisition records, and much more.
Recommended Reading
Production Lending Closes $35 Million Loan to Private Permian Basin Operator
2022-08-09 - Proceeds from the Production Lending loan will be used by the private, Midland, Texas-based oil and gas company to drill and complete six horizontal wells in the northern Midland Basin.
Petrobras CEO Resigns Amid Political Blowback on Fuel Prices
2022-06-20 - In a separate filing, Petrobras added that its chief exploration and production officer, Fernando Borges, was appointed interim CEO. Borges will become Petrobras’ fourth CEO since Brazilian President Jair Bolsonaro took office in 2019.
Callon Petroleum Latest E&P to Fend Off Inflation by Boosting Capex
2022-06-07 - Morgan Stanley analysts said about 30% of the E&P companies they cover have increased capex to address inflationary pressures from service providers and raw materials.
Hess Shares Strategy Behind Diverse Asset Portfolio
2022-06-09 - Hess CEO John Hess, who said the U.S.-based oil producer is “not interested in M&A right now,” shares the key to sustainable production growth from the Bakken shale play to the Guyana-Suriname hotspot.
Black Sea Gas Platform Launched Offshore Romania Despite War Risks
2022-06-29 - The project by Black Sea Oil & Gas (BSOG), controlled by U.S. private equity firm Carlyle Group LP, is Romania’s first offshore Black Sea development in three decades.