Haymaker Minerals & Royalties II has made nearly 90 acquisitions since the sale of its predecessor companies to Kimbell Royalty Partners closed in July.
Analysts with Capital One Securities said the favorable lease terms make the eye-catching average price Matador paid per acre more palatable.
Shale producers are using more "collars," a financial instrument that provides price protection on the downside while allowing them to share in some of the upside if oil prices rally.
Boutique advisory firm PetroDivest Advisors recently formed to provide A&D service to the small-cap market, the firm, which is an affiliate of Detring Energy Advisors, said.
This agreement secures a long-term supply of sand from the mine, with U.S. Silica processing and supplying sand to Pioneer for 15 years.
A Carlyle fund and Diamondback will jointly invest $620 million to develop the assets in the San Pedro area of Pecos County, Texas, within the Southern Delaware Basin.
Sandridge's board Chairman Jonathan Frates, who was nominated by Carl Icahn in April, said the company would be open to a sale "at the right price."
Chevron (NYSE: CVX), Valero (NYSE: VLO) and Delta Air Lines urged U.S. regulators to expedite a hearing on the fee structure of the largest fuel pipeline in the U.S. that they allege is costing them millions of dollars.
The East Texas Eagle Ford player is adding value through completion optimization as it dives into a refracturing program and evaluates Austin Chalk opportunities.
The move is part of crackdown by the African country to enforce local content laws that have been in place since 2014 and which has already grounded CHC Helicopter.