In this week’s video sponsored by DNV GL: former Occidental Petroleum CEO Stephen Chazen has resurfaced from retirement to lead the newest blank-check company, TPG Pace Energy Holdings. While TPG is giving little information about what plays it will focus on, the company is preparing for an IPO of up to $690 million. The company might be looking in the Permian and Eagle Ford. Combined the two plays had 25 deals in the first quarter of 2017. Finally, the Bakken saw a deal this week as Resource Energy announced it would acquire interests in producing wells and mineral acreage from Blue Ridge Mountain—formerly Magnum Hunter Resources.
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