Page 48 - Bone Spring News Today

HOUSTON, May 15, 2023 -- Battalion Oil Corporation today announced financial and operating results for the first quarter of 2023. Key Highlights Substantial progress on acid gas treating... | May 15, 2023

Vital Energy and an unnamed third party will buy EnCap portfolio company Forge Energy II, establishing a core operation position for Vital in the Delaware Basin.

Vital Energy has announced the signing of a definitive joint purchase and sale agreement to acquire the assets of Forge Energy II Delaware, an EnCap portfolio company, further expanding the Company’s Permian Basin focus and establishing a core operating position in the Delaware Basin.

Accretive transaction strengthens Free Cash Flow outlook and adds ~100 high-value oil-weighted locations TULSA, OK - May 12, 2023 - Vital Energy, Inc. today announced the... | May 12, 2023

12.05.2023 - Accretive transaction strengthens Free Cash Flow outlook and adds ~100 high-value oil-weighted locationsTULSA, OK, May 12, 2023 (GLOBE NEWSWIRE) - Vital Energy, Inc. (NYSE: VTLE) (Vital Energy or the Company) today announced the signing of a ... Seite 1

Vital Energy (VTLE) agreed to acquire 70% of assets of Forge Energy II Delaware, an EnCap portfolio company, for $378M in cash, establishing a core operating position in the Delaware Basin.

The transaction will expand Vital Energy’s Permian basin leasehold to roughly 198,000 net acres and establish core operating positions in Pecos, Reeves and Ward counties.

Matador Resources plans aggressive growth drilling with a boost in production that is not reflected in current prices. See why Im bullish on MTDR stock.

Callon has entered into a definitive agreement to acquire the membership interests of Permian-based Percussion Petroleum Operating II in a cash and stock transaction valued at approx. $475 million and potential contingent payments of up to $62.5 million. Under a separate agreement, Callon agreed to sell all its assets in the Eagle Ford Shale to Ridgemar Energy Operating for $655 million in cash and potential contingent payments of up to $45 million.

Callon will acquire Percussion Petroleum’s Delaware assets for $475 million and offload its Eagle Ford assets to Ridgemar for $655 million.