Earthstone Energy
News
After Record Year, Permian Basin Set for Even More M&A in 2024
The big have grown bigger and Tier 1 acreage is even pricier in America’s hottest oil basin.
Earthstone Shops Eagle Ford Assets as E&P Eyes South Texas Exit
Earthstone Energy is marketing PDP and undeveloped locations in the Eagle Ford as the E&P streamlines its focus on the Permian Basin.
Earthstone Seeks $500 Million Through Debt Offering to Fund Novo Deal
Earthstone Energy Holdings’ senior notes will fund half of the $1 billion Novo deal.
A&D Minute: Big Expansions, Bigger Mergers [WATCH]
In this week's A&D Minute, Patterson-UTI and NexTier Oilfield Solutions are merging, Civitas Resources enters the Permian, and Earthstone Energy expands their Delaware Basin presence.
Earthstone Buys EnCap-Backed Delaware E&P in $1B Deal
Earthstone Energy is growing its position in the northern Delaware Basin with a deal to acquire EnCap-backed E&P Novo Oil & Gas — with Northern Oil & Gas also buying a third of Novo's working interests for an additional $500 million.
Family Offices Step Up to Fund Oil, Gas
Insiders say family offices are increasingly willing to take on oil, gas investment risks as returns skyrocket.