Rockies
Quantum Buys Rockies E&P Caerus Oil and Gas for $1.8B
Private equity firm Quantum Capital Group closed an acquisition of Caerus Oil and Gas. Quantum is splitting Caerus’ assets in Colorado and Utah between two portfolio companies.
Civitas: 4-mile Colorado Laterals A ‘Competitive Edge’ in D-J Basin
Civitas Resources poured billions of dollars into Permian M&A, but the company still sees room to run in its foundational portfolio in Colorado.
CEO: Berry Seeks Horizontal Drilling Opportunities in Uinta Basin
Berry Corp., which has a large footprint in California’s San Joaquin Basin, might be more excited about deals and drilling near its Uinta Basin acreage.
Utah Tar Sands Developers Plan Go-public Deal with SPAC
The owners of a Utah tar sand mine project agreed to a go-public combination with a blank-check sponsor.
Summit Sees Drop-off in Gas Traffic Following Utica Midstream Sale
Summit Midstream spent the second quarter reorganizing and raising cash for the future, the company's CEO said.
Granite Ridge Adds Interests in Midland, Delaware, Williston
Non-op Granite Ridge Resources closed transactions during and after the second quarter in multiple plays, including the Midland, Delaware, Williston, D-J and Appalachian basins.
After $2.55B Deal, NOG and SM to Buy More Uinta Basin Assets
Northern Oil & Gas and SM Energy, which are acquiring Uinta Basin E&P XCL Resources, will acquire additional assets in the basin with the purchase of Altamont Energy, which XCL had been trying to buy.
Civitas’ 4-Mile D-J Basin Wells See ‘Quite Compelling’ Returns
Civitas Resources is all-in on the Permian after pumping nearly $7 billion into M&A in the basin last year. But Civitas is drilling longer wells on its legacy Colorado assets, too.
Rising Phoenix Expands Oil, Gas Portfolio with D-J Basin Deal
The Denver-Julesburg Basin deal, which closed July 31, marks Rising Pheonix Royalties’ first non-operated drilling acquisition.
NOG’s Banner 2Q: Biggest M&A Deals, New Basins, Record Production
Non-operated specialist Northern Oil & Gas (NOG) had a banner second quarter, inking its largest acquisition ever in Utah and hitting record quarterly production.