Steve
Toon
Oil and Gas Investor
Executive Q&A: Brotherhood Of Minerals
Sanjit and Shan Bhattacharya built a nimble and flexible mineral buying company that competes on the ground with much bigger companies. And wins.
Callon Wins Over Carrizo Merger’s Biggest Opponent
Paulson & Co. relented that it no longer opposes the merger of Houston-based independents Callon Petroleum and Carrizo Oil & Gas, though the hedge fund also cut its investment in Callon.
Callon Petroleum Lowers Its Asking Price For Carrizo Oil & Gas
Callon Petroleum agreed to a lower premium in its acquisition of Carrizo Oil & Gas as part of amended deal terms.
M&A Pressure: Consolidation On The Climb
There’s a near-consensus on consolidation among E&Ps, but who are the buyers, and what’s the right price?
The Latest
Lease Sales
Marketed: Vitruvian Exploration Eagle Ford Shale Opportunity
An affiliate of Vitruvian Exploration retained EnergyNet for the sale of an Eagle Ford Shale opportunity in Salle and McMullen counties, Texas, through a sealed-bid offering closing Dec. 4.
November 19, 2019
Restructurings
Permian Shale Producer Approach Resources Enters Bankruptcy
After being battered by weak Permian gas prices, Approach Resources filed for Chapter 11 bankruptcy to explore strategic alternatives that include either a restructuring or the sale of its business.
November 19, 2019
Lease Sales
Marketed: SWEPI New Mexico Exploratory Acreage Auction
SWEPI, affiliate of Royal Dutch Shell, retained EnergyNet for the sale of about 139,000 net acres of exploratory acreage in New Mexico's Quay and Curry counties in an auction closing Dec. 4.
November 19, 2019
People
Executive Q&A: Brotherhood Of Minerals
Sanjit and Shan Bhattacharya built a nimble and flexible mineral buying company that competes on the ground with much bigger companies. And wins.
November 18, 2019
Lease Sales
Marketed: Permian Basin Operated Asset, Ward County, Texas
Manzanita Operating retained EnergyNet for the sale of a Permian Basin asset located in Ward County, Texas, through an auction closing Dec. 4.
November 18, 2019
Public Capital
Callon Wins Over Carrizo Merger’s Biggest Opponent
Paulson & Co. relented that it no longer opposes the merger of Houston-based independents Callon Petroleum and Carrizo Oil & Gas, though the hedge fund also cut its investment in Callon.
November 18, 2019
Lease Sales
Marketed: FBC Royalty Partners Permian Mineral, Royalty Package
FBC Royalty Partners retained EnergyNet for the sale of Permian Basin mineral and royalty assets across New Mexico and Texas through an auction closing Dec. 10.
November 18, 2019
Investment
Cowboys Owner Jerry Jones Has Long-term Game Plan For Haynesville Gas
Dallas Cowboys' owner Jerry Jones' Comstock Resources is picking up cheap assets, betting on the Haynesville's proximity to the growing U.S. Gulf Coast export hub.
November 18, 2019
Exploration & Production
Colombia Oil Auction Attracts 27 Qualified Bidders
Colombia hopes to sign 20 contracts as a result of the round, the head of the agency has said, bringing in some $800 million in potential investment.
November 15, 2019
Public Capital
Noble Energy Sells Midstream Shale Assets In $1.6 Billion Dropdown
Noble Energy agreed to sell essentially all of its remaining D-J and Permian midstream assets as part of the dropdown to its midstream MLP.
November 15, 2019