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Vitol's Vencer Energy to acquire certain assets of Hunt Oil Company


Vitol’s Vencer Energy to acquire certain assets of Hunt Oil Company
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Vitol’s US upstream company Vencer Energy has signed an agreement to acquire Hunt Oil Company’s assets in Midland Basin.
The assets considered for acquisition include 44,000 acres across five counties in the Midland Basin.
These assets have a current daily production of approximately 40 million barrels of oil equivalent per day (boepd).
The deal marks Vencer’s first acquisition since its launch in 2020 by Vitol. Vencer aims to acquire mature, producing oil and gas assets, with a specific focus on key basins in the US Lower 48. ....

Latham Watkins , Ben Marshall , Don Dotson , Hunt Oil Company , Simmons Energy , Vencer Energy , Vencer Energy Hunt Oil Company , லாதம் வாட்கின்ஸ் , பென் மார்ஷல் , தாதா டாட்சன் , வேட்டை எண்ணெய் நிறுவனம் , சிம்மன்ஸ் ஆற்றல் , வென்சர் ஆற்றல் ,

Vitol's Vencer Energy Makes First Investment To Acquire Midland Basin Assets


Vitol s Vencer Energy Makes First Investment To Acquire Midland Basin Assets
Vitol’s US upstream company, Vencer Energy LLC (“Vencer”), has today announced it has agreed to acquire Hunt Oil Company’s Midland Basin assets for an undisclosed sum. It is Vencer’s first acquisition since it was established by Vitol last year.
The assets comprise 44,000 acres across five counties in the Midland Basin, with current daily production of approximately 40 mboepd.
Don Dotson, President and CEO, Vencer said: “We are delighted with this acquisition which realizes our vision for Vencer as the owner of quality, mature, producing assets with attractive development opportunities. We look forward to working with our new colleagues.” ....

Latham Watkins , Ben Marshall , Don Dotson , Simmons Energy , Hunt Oil Company Midland Basin , Vencer Energy , Hunt Oil Company , Midland Basin , லாதம் வாட்கின்ஸ் , பென் மார்ஷல் , தாதா டாட்சன் , சிம்மன்ஸ் ஆற்றல் , வென்சர் ஆற்றல் , வேட்டை எண்ணெய் நிறுவனம் , மிட்லாண்ட் பேசின் ,