“If the square peg does not fit exactly within those parameters, it’s not a buy for them,” BOK Financial Securities’ Jason Reimbold said of the E&P A&D market in the Midcontinent.
Fortunately, “the rock is actually good,” Chaparral Energy CFO Scott Pittman told attendees at the recently held DUG Midcontinent conference in Oklahoma City.
Former Covey Park Resources co-CEO John Jacobi shares his views on challenges facing the industry today, how the deal went down with Comstock Resources and why industry stakeholders need to take ownership of righting the ship.
And other above-ground challenges oil and gas producers in the Permian Basin are facing.
Oklahoma producers are intensifying multisection-lateral and multizone development of their liquids-rich leasehold, bringing production nearer to first spend. They’re also paring costs by millions per well.
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