Darren
Barbee
Oil and Gas Investor
Rising Phoenix: The Anti-Permian Minerals Firm Buying … Permian
Rising Phoenix Minerals CEO Jace Graham said his boutique firm isn’t getting any bigger: The company doesn’t need a squad of infantry when “we’ve got a team of snipers.”
Tidewater Midstream Completes $122MM Strategic Transaction
Tidewater Midstream and Infrastructure purchased assets from its renewables-focused subsidiary Tidewater Renewables.
Tellurian’s Dismissed Founder Souki Builds Woodside Stake After Deal
U.S. LNG export developer Charif Souki spoke to Hart Energy post-ousting from his second LNG company, Tellurian Inc. He’s buying shares in Tellurian’s buyer, Woodside Energy.
Diamondback Closes $26B Endeavor Deal, Forming Last Permian ‘Sandbox’
Diamondback Energy’s merger with Endeavor Energy Resources forms a company with pro forma production of 468,000 bbl/d (816,000 boe/d) on total Permian acreage of about 838,000 net acres.
APA Divests $950 Million in Non-core Permian Basin Assets
APA Corp. said it would sell assets in the Central Basin Platform, Texas and New Mexico Shelf and Northwest Shelf that average 21,000 boe/d, 57% oil.
Marketed: Wellbore Capital 10 Well Package Marcellus Opportunity
Wellbore Capital LLC has retained EnergyNet for the sale of a Marcellus Shale Opportunity 10 well package in Marion and Wetzel counties, West Virginia.
Viper Energy Offers 10MM Shares to Help Pay for Permian Basin Acquisition
Viper Energy Inc., a Diamondback Energy subsidiary, will use anticipated proceeds of up to $476 million to help fund a $1.1 billion Midland Basin deal.
Glenfarne: Latest Customer Means Texas LNG is Ready for FID
Construction on Glenfarne’s Texas LNG is scheduled to begin this year, though the project is one of two LNG sites that had permits pulled after a court ruling in August.
Solaris Completes Acquisition of Mobile Energy Rentals
With the acquisition of Mobile Energy Rentals complete, Solaris now has access to multiple end markets outside of the oil patch.
Northampton Affiliate to Partially Acquire Altius Renewables
An affiliate of Northampton Capital Partners will acquire all of Altius Renewable Royalties’ outstanding common shares for total consideration of approximately CA$162 million (US$120 million).