
Citizen Energy's Case for the Midcontinent
In the shadow of the Permian Basin, Citizen Energy, an Oklahoma company busy in the Anadarko Basin, portrayed itself as a “great target” at SUPER DUG.
Patrick McGee joined Hart Energy as Senior Editor of Energy Finance in April. His work previously appeared in The New York Times, The Boston Globe, The Belfast Telegraph and the Fort Worth Star-Telegram. He served as a Peace Corps volunteer in El Salvador and as a tank commander in the Army.
In the shadow of the Permian Basin, Citizen Energy, an Oklahoma company busy in the Anadarko Basin, portrayed itself as a “great target” at SUPER DUG.
Warren Buffett’s Berkshire Hathaway continues to add more Occidental Petroleum shares, building on his initial $10 billion investment when the E&P bought Anadarko Petroleum.
Pearl Energy Managing Partner Bill Quinn told Hart Energy the fund is backing three management teams, with two focused on the Permian and a third with a heavy emphasis on Saskatchewan, Canada.
Stock buybacks continue to be a robust part of energy companies’ capital-return-to-investors strategy which experts see as a sign of the industry’s maturity and move toward retiring large portions of its market share.
An OTC attendee pointed to oil industry pollution in Africa while a university geologist said the energy industry alleviates global poverty — but still needs to clean up its act.
In an exclusive interview, Talos Energy’s sustainability officer talks CCS strategy and positioning the company between emission sources and the Gulf’s plentiful saline reservoirs.
Haynes Boone’s new oil and gas price decks show banks projecting natural gas prices 36% lower than predicted in the fall — values that will affect reserve-based lending.
A new government report illustrates tight cash flow for E&P companies, and predicted increased capex.
A March survey of nearly 100 leaders in oil and gas suggest a growing belief among lenders and producers that it is harder to borrow money.
As private equity firms return to upstream oil and gas, firms might raise up to $15 billion for oil and gas upstream, but the industry could use up to $25 billion, experts said.
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