The NorTex Midstream deal follows the acquisition of Tall Oak II and III by Tailwater Capital last month in Oklahoma’s Arkoma STACK.
Five Eagle Ford completions by EOG Resources at its McMullen County, Texas, pad plus results from Calyx Energy horizontal Mississippian wells top this week’s drilling activity highlights from around the world.
Carl Giesler led the cost and operational turnaround of Jones Energy, which led to the $201.5 million all-cash buyout of the Midcontinent-focused E&P company in January.
Massey Oil and Gas and Challenge Oil and Gas retained Oil & Gas Asset Clearinghouse for the sale of a nonop working interest and HBP leasehold package in Oklahoma's Kingfisher County.
Midwest Energy Investments retained Eagle River Energy Advisors for the sale of mineral, lease and ORRI assets and associated development rights in the Stack play of Oklahoma.
Midcontinent E&P companies reduce well intensity to generate economic returns.
Corterra Energy retained Detring Energy Advisors for the sale its oil and gas producing properties, leasehold, and related assets located throughout the core of the Arkoma Basin.
The resignation of Paul McKinney is in connection with SandRidge’s latest initiative designed to maximize free cash flow while also improving shareholder value.