Red Leaf Resources and Ute Energy will jointly develop Uinta Basin assets, including a refinery and proposed transloading facility.
In February, EIV Capital raised $702 million in funding and said it had more than $900 million to deploy into new investments.
CrossRoads Horizon LLC and Paladin Oil LLC retained EnergyNet for the sale of a non-operated working interest in three J. H. Kurth Jr. B-lease wells located in Newton County, Texas, and operated by Foundation Energy Management.
Erikson National Energy Inc. has retained Sayer Energy Advisors for the sale of the company's shares, with properties consisting primarily of operated, high working interest shale natural gas production from several formations in British Columbia and Alberta.
Formerly known as MorningStar Partners LP, TXO Energy is an MLP with primarily conventional-rock operations in the Permian Basin, New Mexico’s San Juan Basin and Colorado led by industry veteran Bob Simpson.
The upsized equity commitment and establishment of an RBL come as Double Eagle ramps up its development pace in the Permian Basin, including the recent addition of two drilling rigs.
Despite large-cap publics such as Devon Energy, Diamondback and Marathon Oil dominating M&A in 2022, the overall deal count fell to the lowest level since 2005, according to Enverus.
SNR Operating LLC retained RedOaks Energy Advisors as its exclusive advisor in connection with the sale of an operated working interest in certain operated properties in Sumner and Cowley counties, Kansas.