New Oil, Gas Acquisition Platform Launches in USA
The Texas-based newcomer is backed by Legacy Star Capital and several private family organizations.
Source: rigzone.com
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New oil and gas investment firm Peak 10 Energy debuts
Peak 10’s inaugural acquisition are non-operated oil and gas properties in Reeves, Fisher, Scurry, Gaines, Dawson and Andrews Counties, Texas, from a private seller.
Source: pehub.com
Ovintiv to acquire core Midland Basin assets
Ovintiv has entered into a definitive purchase agreement to acquire substantially all leasehold interest and related assets of certain portfolio companies of funds managed by EnCap Investments, in a cash and stock transaction valued at approx. $4.275 billion. Upon closing, the acquisition will add approx. 1,050 net 10,000 foot well locations to Ovintiv's Permian inventory and approx. 65,000 net acres in the core of the Midland Basin.
Source: energy-pedia.com
Ovintiv to acquire core Midland Basin assets
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
Source: oilandgas360.com