Ahead Of 2018 IPO, Saudi Aramco's Tax Rate Is Set At 50%

The government aims to sell up to 5% of Aramco, listing the shares in Riyadh and at least one foreign exchange, to raise cash for investment in new industries, as the kingdom seeks to diversify its economy beyond oil exports in an era of cheap crude, Reuters reported.

Mar 28 2017 - 1:58pm

Hess Midstream Partners Opens IPO

The units will trade on the New York Stock Exchange under the ticker symbol "HESM."

Mar 27 2017 - 12:03pm

A&D Firm EnergyNet Receives Investment From MPK Equity Partners

EnergyNet said the new funding will support the company's efforts to further expand its leadership position in oil and gas A&D services and the online energy marketplace.

Mar 24 2017 - 10:05am

Newly-Formed Titan Rock Eyes A&D With Equity Commitment

The Dallas-based E&P is focused on the acquisition and development assets in North America, with a primary focus on the Haynesville Shale of East Texas/North Louisiana and the Permian Basin.

Mar 22 2017 - 12:10pm

Chaparral Exits Bankruptcy With $100 Million In Liquidity

The  Oklahoma City-based company's emergence from bankruptcy 'marks a new and prosperous time in Chaparral's storied history,' said K. Earl Reynolds, Chaparral CEO.

Mar 22 2017 - 11:25am

Luxe Minerals Receives $254 Million In Equity From NGP

Luxe Minerals LLC, which acquires mineral and royalty interests in the Midland and Delaware basins, Stack and Scoop, Eagle Ford, Bakken, Powder River and the Merge area, raised about $254 million of equity commitments from NGP through NGP Natural Resources XI LP and Luxe’s management team, according to a March 13 press release.

Mar 13 2017 - 10:13am

Vortus Backs Canyon Creek To Pursue Arkoma Stack Deals

CCEA is the third successful startup for the Canyon Creek brand, led by Luke Essman, which has been active in Oklahoma since 2012.

Mar 9 2017 - 2:55pm

Och-Ziff Backs TNM Resources To Pursue Permian A&D

Aaron Davis, TNM's president and CEO, recently led Fortuna's successful acquisition and development strategy, which includes the $118 million sale of Delaware Basin assets to PDC Energy.

Mar 6 2017 - 9:10am

Analysts: MLPs Offer ‘Good Entry Point’

Analysts at Capital Link forum consider midstream ‘safer’ sector for investors.

Mar 10 2017 - 10:58am

Saxet II Minerals Lands $100 Million Equity From Post Oak

Saxet, based in Houston, focuses on the acquisition of mineral and royalty interests in the U.S. Saxet II Minerals is the second partnership with Post Oak.

Mar 3 2017 - 2:50pm