Juniper Capital II LP said Nov. 29 it formed a strategic partnership in the Eagle Ford Shale in South Texas with BoomTown Oil LLC.
The partnership will pursue and develop conventional and unconventional oil and gas plays across multiple basins in the Lower 48, initially focusing on the Eagle Ford.
BoomTown is led by Michael Rozenfeld and Sean Fitzgerald, who are founding partners of South Texas Reservoir Alliance.
Rozenfeld and Fitzgerald also have petrophysical and reservoir engineering experience from Shell E&P and Rosetta Resources, where they were instrumental in the identification and early entry into the Woodford Scoop, Niobrara and Eagle Ford plays, according to the release.
Based in Houston, BoomTown previously operated in eight different states in both conventional and unconventional settings where it leased or purchased more than 180,000 acres and drilled hundreds of horizontal wells, the release said.
While the company is initially focused on the Eagle Ford, BoomTown will also consider acquisition and development opportunities in other basins in the Lower 48.
BoomTown was advised by Wittliff | Cutter | Austin PLLC. Juniper was advised by Willkie Farr & Gallagher LLP.
2022-11-10 - EOG Resources’ new Ohio Utica position is “almost reminiscent of what we saw nearly a decade ago happening in the Delaware Basin,” said CEO Ezra Yacob.
2022-11-29 - A “small handful” of wells will be drilled in the Norwegian and the Barents Seas each, Jez Averty, Equinor’s head of exploration and production in Norway, told Reuters on the sidelines of an energy conference.
2022-11-29 - The NOAA said the unique season this year was defined by a rare mid-season pause in storms that scientists preliminarily believe was caused by increased wind shear and suppressed atmospheric moisture high over the Atlantic Ocean.
2022-11-29 - The government, in power since last year and led by Labour Party Prime Minister Jonas Gahr Stoere, has pledged to “develop, not phase out” offshore petroleum production, Norway’s biggest industry.
2022-11-30 - Neptune produces around 130,000 boe/d, three-quarters of which is gas. It has operations in Norway—home to Eni's Var unit—Britain, Indonesia—where Neptune shares licences with Eni—Algeria, the Netherlands and elsewhere.