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Bonanza Creek, Extraction Merger to Create Largest Pure-play D-J Basin Producer

2021-05-10 16:05:00| OGI

The combined company, to be named Civitas Resources, will be the largest pure-play energy producer in Colorados Denver-Julesburg  Basin, with an aggregate enterprise value of approximately $2.6 billion.

Tags: create largest creek producer

 

Chart: Midcontinent, Permian Basin Rig Count as of May 7, 2021

2021-05-07 07:00:00| OGI

Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10

Tags: count chart basin rig

 
 

Marketed: Henry Resources Permian Basin Nonop Divestiture

2021-05-06 20:05:00| OGI

Henry Resources LLC has retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of its nonoperated working interest properties in the Permian Basin across West Texas and southeastern New Mexico.

Tags: resources henry basin marketed

 

Chevron Offers $100 Million in Permian Basin Acreage as M&A Heats Up

2021-05-04 23:15:00| OGI

Chevron set a May 20 deadline for bids on Permian Basin acreage holding more than 1,000 producing wells with $1.1 million in combined monthly revenue, according to a sales document.

Tags: up offers million basin

 

Marketed: Birch Operations Midland Basin Production Acquisition Opportunity

2021-05-03 21:00:00| OGI

Birch Operations Inc. retained Detring Energy Advisors for the sale of its vertical Midland Basin wellbore-only operated interests in Howard, Martin and Midland counties, Texas.

Tags: production opportunity operations acquisition

 

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