Onshore
Public Capital , Unconventional , Shale Plays , Acquisitions & Divestitures
Laredo Petroleum Tacks On Another Permian Basin Acquisition
Similar to another acquisition made by Laredo Petroleum in the Permian Basin earlier this quarter, the bolt-on in Glasscock County, Texas, continues to shift the company’s production mix toward oil.
Lease Sales
Marketed: Conventional South Louisiana Operated Sale Package
WTD Resources and Oleum Operating LA have retained Energy Advisors Group to market certain southwest Louisiana operated producing properties in Acadia, Cameron, St. Landry and Vermilion parishes.
Company Profiles , Unconventional , Drilling , Completions
Gulfport Sees Gains With ‘Aggressive’ Drilling, Completions In Scoop
Increased stage spacing and proppant loading plus use of 100-mesh sand have proven favorable for Gulfport in the Scoop.
Public Capital , Exploration & Production , Shale Plays
Permian Operator Lilis Energy Notified Of Listing Deficiency
Lilis Energy is below compliance with the NYSE American stock exchange’s continued listing standards because its stock has been selling for “a low price per share for a substantial period of time.”
Business , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers
Jones Energy Agrees To $201 Million Buyout By Revolution
Jones Energy, which entered bankruptcy with $1 billion in debt in April, agreed to an all-cash deal for its Anadarko Basin assets.
People , Company Profiles , Midstream
Forty Under 40: Stephen Luskey, Brazos Midstream
Today’s featured Forty Under 40 honoree is Stephen Luskey, one of the founding members of Brazos Midstream who has been instrumental in the company’s success from day one.
Acquisitions & Divestitures
Jones Energy II Enters Into Merger Agreement To Be Acquired By Revolution Resources
Jones Energy II said late on Dec. 6 that it has entered into a definitive merger agreement to be acquired by Revolution Resources, an affiliate of Mountain Capital Partners, in an all-cash transaction.
Unconventional , Shale Plays , Mergers
Three-Way Midland Basin Combination Creates $1.5 Billion E&P
The deal would create the largest pure-play northern Midland Basin E&P with a 73,000-net-acre position and 12,000 boe/d of production that is expected to more than double through 2020.
Highlights
Best Of This Week’s Drilling Activity Highlights (Dec. 6, 2019)
EOG's Wolfcamp discoveries; Antero Resources, Utica completion; two Bethany Longstreet Field-Haynesville completions.
People , Company Profiles , Water Management , Midstream
Forty Under 40: Justin Love, Blackbuck Resources
Today’s featured Forty Under 40 honoree is Justin Love, who founded Blackbuck Resources, a midstream water solutions firm that designs, builds and operates water infrastructure in Texas and New Mexico.