Companies - Exclusives
Jason Churchill, CEO of EnCap-backed PetroLegacy Energy which has a roughly 25,000-acre position in the Midland Basin, is today’s Forty Under 40 honoree.
SandRidge Energy’s exit from the Permian’s Central Basin Platform was a part of two recently closed transactions worth a total of roughly $40 million.
Today’s Forty Under 40 honoree is Michael Christopher, CFO and chief investment officer at ARM Energy who is currently focused on the Houston-based firm’s midstream project in the Delaware Basin.
The Irving, Texas-headquartered company reported Nov. 2 third-quarter earnings increased 57% to $6.24 billion, compared with $3.97 billion a year earlier.
Today’s Forty Under 40 honoree is Claire Chase, who handles government relations for Mack Energy, a Permian Basin-focused E&P based in Artesia, N.M.
For years, the hinterlands of the Permian Basin have suffered, yet E&Ps in the Delaware and Midland basins are returning to the periphery of the play, and many of them have something to prove—or at least prove up.
Percussion Petroleum CEO John H. Campbell III is today’s Forty Under 40 honoree. John co-founded the Permian Basin-focused company in 2016 “with the intent to chase more conventional rock unconventionally.”
The acquisition of Newfield and its key position in the Stack/Scoop is expected to make Encana the second largest producer of unconventional resources in North America.
As Initiative 97 made it onto the ballot as Proposition 112, it was as if a cloud containing some of the extreme politics of California descended on the Colorado energy sector.
J.M. (Buster) Bradshaw is today’s Forty Under 40 featured honoree. Buster is founding principal of Tulsa, Okla.-based Paladin Land Group and Mammoth Creek Royalty Management.
Warwick Group CFO Brian Blad is today’s Forty Under 40 honoree. Brian joined Warwick at a time when the Oklahoma City-based investment firm was pivoting from a startup to a multibillion-dollar entity.
Chesapeake Energy is set to create an Eagle Ford oil producing powerhouse through its nearly $4 billion acquisition of WildHorse Resource Development.