PE-backed Bison Oil & Gas is set to accelerate development of its D-J Basin operations through a new loan provided by global alternative investment firm Värde Partners.
Copper Trail Energy Fund I retained TenOaks Energy Advisors for the sale of certain mineral and royalty properties in the Denver-Julesburg (D-J) Basin
Whiting Petroleum, an oil and gas producer with operations in North Dakota and Colorado, is in deal talks with San Antonio-based Abraxas Petroleum, two people familiar with the matter told Reuters.
Operators in the Permian are looking for new processing systems and technologies that improve NGL recovery and increase ethane production.
As asset-level A&D struggles in the background of multibillion E&P mergers and market indifference to oil and gas, deal advisers see a spike in transactions for minerals, conventional assets and even combinations of private-equity companies.
Adams County on Sept. 3 became the first in Colorado to adopt new oil and gas regulations since the state passed a law that bolstered local control over fossil fuel development.
PDC is set to become the second-largest producer in the D-J Basin through its acquisition of SRC Energy and will also remain committed to its Permian position.