Companies - Exclusives

Permian Producers’ Greatest Challenge: Above-Ground Constraints Vs. Takeaway

Executive Oil Conference panel said Permian Basin producers know the rock; the surface issues are the basin’s greatest hurdles.

November 13, 2018

Pioneer Sells Pressure Pumping Assets To ProPetro For $400 Million

The sale of the company’s pressure pumping business to ProPetro will bring Pioneer Natural Resources’ divestiture proceeds for the year to roughly $900 million.

November 13, 2018

Forty Under 40: Stew Fuller, Lucid Energy Group

Stew Fuller, vice president of finance at midstream services provider Lucid Energy Group which has operations in the Permian Basin, is today’s Forty Under 40 honoree.

November 13, 2018

Diamondback Energy Reveals $313 Million Midland Basin Bolt-on Acquisition

Despite an already blockbuster quarter of M&A activity, Diamondback snuck in a bolt-on acquisition in the Midland Basin that CEO Travis Stice said was too good of an opportunity to pass up.

November 12, 2018

Corporate Oil And Gas M&A Gains Altitude After $13 Billion Week

Analysts predict the massive deals week comprised of three separate transactions by Chesapeake Energy, Encana and Denbury is just the “tip of the M&A iceberg that will emerge in 2019.”

November 12, 2018

Forty Under 40: Bradley Epstein, Citigroup

Today’s Forty Under 40 honoree is Bradley Epstein, a Citigroup director who has been a part of numerous transactions in “the changing landscape of MLPs and midstream infrastructure companies.”

November 12, 2018

Parsley Energy’s Bryan Sheffield Signs Off As CEO

As part of creating value, Parsley Energy is also divesting what it called “tail-end inventory” in the Southern Midland Basin for about $170 million.

November 9, 2018

Forty Under 40: John C. Eads, Sierra Resources

Today’s Forty Under 40 honoree is John C. Eads, president and CFO of Sierra Resources which operates in the Eagle Ford Shale and Olmos Formation in South Texas.

November 9, 2018

HEADLINES: Ballot Battle Duds; Williston’s New Player

Voters in Colorado, Washington and Arizona this week rejected efforts to curb oil and gas usage, but new battles loom. Also, Vantage Energy agreed to buy QEP Resources’ Williston Basin foothold.

November 8, 2018

New US Shell President Sees Collaboration Extending Permian Dominance

Extending the Permian Basin’s powerhouse status may benefit as much from collaboration as competition, the incoming president of Shell Oil said.

November 8, 2018

Forty Under 40: Jason Craig, Denham Capital

Today’s Forty Under 40 honoree is Jason Craig, managing director at Denham Capital who said his goal is to help bring the private-equity provider into what he calls the “post- resource-grab era.”

November 7, 2018

QEP Sells Williston Basin Assets To Blank-Check Vantage Energy For $1.7 Billion

The acquisition of QEP’s foothold in the Williston Basin by Vantage Energy, a SPAC formed by NGP and industry veteran Roger Biemans, is set to create a Bakken pure-play operator.

November 7, 2018

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