The Latest

Public Capital

Riley Exploration Permian Provides Update Following Tengasco Merger

The company’s predecessor, private equity-backed Riley Permian, was formed with the goal of building a premier Permian Basin pure-play.

March 5, 2021

Lease Sales

Marketed: Unbridled Resources Delaware Basin Leasehold, Eddy County, New Mexico

Unbridled Resources LLC retained EnergyNet for the sale of Delaware Basin non-producing leasehold in New Mexico’s Eddy County through an auction closing March 17.

March 5, 2021

Public Capital

Noble Midstream Agrees to Chevron Buyout in $1.32 Billion All-stock Deal

Chevron said it had reached the buyout agreement with Noble Midstream on March 5, roughly a month after announcing a slightly smaller offer to buy out the pipeline operator.

March 5, 2021

Lease Sales

Marketed: Arrowhead Energy Partners D-J, Williston, Haynesville Shale Minerals

Arrowhead Energy Partners retained BOK Financial Securities for the sale of certain mineral interests within the D-J Basin, Williston Basin and Haynesville Shale in Colorado, North Dakota, Texas and Louisiana.

March 4, 2021

Acquisitions & Divestitures

Energy A&D Transactions from the Week of March 3, 2021

Here’s a snapshot of recent energy deals including Permian Basin acquisitions by U.S. Energy Development comprising interests in oil development projects in the Delaware Basin.

March 3, 2021

Lease Sales

On the Market Oil and Gas Quicklist (Week of March 3, 2021)

Here’s a quicklist of oil and gas assets on the market including certain a Samson Resources nonop / royalty package across several states plus an operated acquisition / farm-in opportunity in Wyoming’s D-J Basin.

March 3, 2021

Lease Sales

Marketed: Cameron Oil & Gas Operated Working Interest, Eddy and Lea Counties, New Mexico

The Oil & Gas Asset Clearinghouse LLC is partnering with Cameron Oil & Gas Inc. to market an operated working package that includes 82 wells in New Mexico’s Eddy and Lea counties.

March 3, 2021

Public Capital

Oil and Gas Investor: The Great SPAC Comeback

SPACs have taken Wall Street by storm, raising billions for as-yet unidentified acquisition targets—but will they return to save the oil and gas space?

March 3, 2021

Private Equity

A&D Advisory Firm EnergyNet Promotes Russell Artho to CFO

Russell Artho joined the EnergyNet team in 2018 as controller and his promotion to CFO is reflective of his “dedicated leadership and thoughtful contributions,” says Chris Atherton, CEO of the A&D advisory firm.

March 2, 2021

Business

Waterous Energy Fund Completes Takeover of Osum Oil Sands

Waterous’ latest offer was to buy up to 57 million shares of the oil and gas producer at C$3 per share, implying a deal value of C$171 million ($135.62 million).

March 2, 2021