Steve
Toon
Oil and Gas Investor
Montage Resources Executive Q&A: Appalachian Blend
In a basin full of bigs, the combination of Eclipse Resources and Blue Ridge Mountain Resources to form Montage Resources creates a compelling gas and liquids growth story despite commodity headwinds. The question: Will Wall Street notice?
VIDEO SERIES: Part Three, How Deals Are Getting Done
In this third part of our series, we look at how deals are still getting done in this challenging time.
BP’s Alaska Exit Highlights Divergence Between Majors, Privates
The multibillion-dollar sale of BP’s Alaska business to Hilcorp illustrates the divergent strategies of the majors from private oil and gas players, analysts say.
Chevron Shale Exec: ‘We’re Always Looking’ To Transact
The major is still open to asset transactions as it continues to optimize and grow production in the Permian Basin.
The Latest
Public Capital
Diamondback’s Viper Subsidiary Continues Growth Spurt With Santa Elena Deal
The all-equity deal follows an already blockbuster year for Viper Energy Partners including the $700 million dropdown acquisition the company announced in July.
September 13, 2019
Lease Sales
Marketed: Panhandle Oil And Gas Scoop, Stack Leasing Opportunities
Panhandle Oil and Gas retained Meagher Energy Advisors for the sale of leasing opportunities in the Scoop and Stack plays in Oklahoma.
September 13, 2019
Lease Sales
Marketed: REI Bakken Package, Mountrail County, North Dakota
Affiliates of REI Energy retained EnergyNet for the sale of a Bakken Shale well package located in Mountrail County, N.D., through an auction closing Sept. 25.
September 13, 2019
Lease Sales
Marketed: Pintail Oil & Gas Operated Louisiana, South Texas Property
Pintail Oil and Gas retained TenOaks Energy Advisors for the sale of its producing properties in South Texas and Louisiana through an offering closing Oct. 18.
September 13, 2019
Lease Sales
Marketed: Terryville Lower Cotton Valley Non-Producing Leasehold
Ergon Exploration retained EnergyNet for the sale of non-producing Louisiana leasehold within the prolific Terryville Lower Cotton Valley Trend through a sealed-bid offering closing Sept. 19.
September 13, 2019
Lease Sales
Marketed: McCabe Vertical Waterflood, Schleicher County, Texas
McCabe Energy retained Simplex Energy Solutions for the sale of operated production and conventional waterflood development in Schleicher County, Texas, through an offering closing Oct. 8.
September 13, 2019
Exploration & Production
US Takes Major Step Toward Oil Drilling In Alaska Wildlife Refuge
The Trump administration on Sept. 12 took a major step toward opening Alaska's Arctic National Wildlife Refuge (ANWR) to oil drilling, drawing criticism from environmentalists and an effort by Democratic lawmakers to put the pristine wilderness area off limits to development.
September 12, 2019
Lease Sales
Marketed: Springbok Energy Partners Mineral Portfolio
Springbok Energy Partners retained TenOaks Energy Advisors for the sale of its mineral portfolio located in the most active and economic unconventional plays in the Lower 48.
September 12, 2019
Restructurings
Alta Mesa Succumbs To Bankruptcy; Names Mark Castiglione CEO
Alta Mesa Resources, a Houston-based independent which bet big on Oklahoma’s Stack, joins a growing number of U.S. shale producers that have filed for bankruptcy so far this year.
September 12, 2019
Lease Sales
Marketed: Vendera Resources Nonop Arkansas Well Package
Vendera Resources retained EnergyNet for the sale of an Arkansas well package located in Cleburne, Conway, Van Buren and White counties through an auction closing Sept. 18.
September 12, 2019