Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
Cascade Acquisition Partners retained EnergyNet for the sale of a Fayetteville Shale well package in Arkansas comprised of royalty interest and ORRI through an auction closing Sept. 5.
Analysts with Tudor, Pickering, Holt & Co. noted the sale of Quintana’s legacy conventional pressure pumping operations was a small deal but that it also highlighted a “prodigious valuation upside.”
Together, the Appalachia and Permian basins are expected to supply about 53% of the North American gas market by 2030, according to McKinsey and Co.
JL Resources retained the Oil & Gas Asset Clearinghouse for the sale of nonop interest in a producing Oklahoma property in Blaine County with bids due Sept. 5.
ELR Production retained EnergyNet for the sale of Oklahoma properties including royalty interest and overriding royalty interest through multiple auctions closing Aug. 27-28.