Business , Legislation , Health, Safety & Environment , Technology , Mergers

PATH FORWARD: Leslie Beyer Talks PESA, AESC Merger

Former PESA President Leslie Beyer talks to Hart Energy about the combination of PESA and AESC to form The Energy Workforce & Technology Council.

February 1, 2021

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Jan. 29, 2021)

A Haynesville discovery drilled by Aethon Energy in the Carthage Field in San Augustine County, Texas, plus three Arkoma Basin wells completed at a Hughes County drillpad in Oklahoma top this week’s drilling activity highlights from around the world.

January 29, 2021

Public Capital , Earnings , Exploration & Production , Health, Safety & Environment , Emissions , Shale Plays

Marathon Oil Aligns Executive Compensation with ESG Performance

Marathon Oil CEO Lee Tillman says it is imperative that the company and the oil and gas industry address the “dual challenge of meeting the world’s growing energy demand while also responding to the risk of climate change.”

January 28, 2021

Private Equity , Acquisitions & Divestitures , Midstream

Tailwater Capital Acquires Tall Oak II, III from EnCap Flatrock Midstream

As part of its acquisition of Tall Oak III, Tailwater Capital said it will merge the company’s assets with Tailwater’s existing portfolio company in the Midcontinent region, Connect Midstream, with the Tall Oak team assuming operatorship.

January 27, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Jan. 27, 2021

Here’s a snapshot of recent energy deals including the $465 million acquisition of private Williston Basin operator Bruin E&P by Enerplus plus Contango Oil & Gas closes its all-stock merger Mid-Con Energy.

January 27, 2021

Lease Sales

On the Market Oil and Gas Quicklist (Week of Jan. 27, 2021)

Here’s a quicklist of oil and gas assets on the market including Cimarex Energy Midcontinent properties in Oklahoma and Texas plus North Texas operated packages and ORRI assets in the core of the Williston Basin.

January 27, 2021

Public Capital , Shale Plays

Denver-based Oil Producer Ovintiv Faces Proxy Fight from Kimmeridge

Earlier this month, Kimmeridge had urged Ovintiv to focus on capital allocation, management compensation issues and establishing environmental strategy.

January 26, 2021

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Jan. 25, 2021)

The U.S. rig count rose 6% in the last month, according to Enverus Rig Analytics, with the Permian ranking as the basin that added the most rigs.

January 25, 2021

Lease Sales

Marketed: Cimarex Energy Midcontinent Properties in Oklahoma, Texas

Cimarex Energy Co. is considering the sale of certain Midcontinent oil and gas properties and related infrastructure in Oklahoma and Texas and has engaged Meagher Energy Advisors Inc. as its exclusive financial and technical adviser.

January 25, 2021

Public Capital , People , Exploration & Production

Amplify Energy Names Martyn Willsher CEO in Leadership Reshuffle

Martyn Willsher, previously interim CEO and CFO of the Houston-based E&P company, has worked for Amplify Energy and its predecessor companies since 2012

January 22, 2021