Randy Broaddrick will remain in the Tulsa, Okla., area, where Ring Energy previously had an office located, to spend more time with his family, pursue other interests, and, per a company release, will continue in a supportive role to the Permian Basin operator as needed.
Here’s a quicklist of oil and gas assets on the market including certain Ageron Energy properties located in the dry gas window of the Eagle Ford Shale in South Texas plus a Caney and Woodford Shale opportunity from Falcon E&P Royalty Holdings.
Here’s a quicklist of oil and gas assets on the market including ORRI assets across the Williston and Powder River basins plus a package of Midcontinent properties from Meade Energy.
Here’s a quicklist of oil and gas assets on the market including a Blackbeard Operating Permian Basin divestiture comprised of certain Central Basin Platform properties plus Overland Oil & Gas D-J Basin, Bakken Shale well packages.
Blackbeard Operating LLC retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of certain oil and gas properties located in the Permian Basin’s Central Basin Platform.
Here’s a quicklist of oil and gas assets on the market including certain East Texas properties from Sabine Oil & Gas plus a U.S. Gulf of Mexico well package offshore Louisiana operated by BHP.
Effective Jan. 19, Ring Energy’s corporate headquarters will be located in The Woodlands, Texas. Additionally, the Permian operator closed its Andrews, Texas field office, downsized its Midland office and plans to close its Tulsa, Okla. office.
The announcement of President David Fowler and COO Danny Willson’s departure from Ring Energy also included several promotions to the company’s management team.
Contango Oil & Gas agreed to pay $58 million in cash for the acquisition of PDP heavy reserves located in in the Big Horn, Permian and Powder River basins made via a bank-owned liquidation of assets.
Here’s a quicklist of oil and gas assets on the market including multiple Ascent Resources packages in the core of the Utica Shale in Ohio plus royalty acreage operated by Endeavor Energy Resources in the Permian Basin.