When it became apparent that oil prices were heading for $50, the company moved down to a two-rig program to stay within cash flow. Previously, . Cision Distribution 888-776-0942 At Vantage, that was a 10-year run for those guys. Im a strong believer in what you learn in one shale play is 100% applicable to other shale plays. Click here to Upgrade And Get Immediate Access. Pushing the STACK northwest and northeast did not yield the same results. Natural Resources Transactions Since Inception, Natural Resources IPOs Completed Since 2010, Permian Basin, Eagle Ford and MidContinent regions, Permian Basin, Western Anadarko Basin and Arkoma Basin; Midstream and Infrastructure, SCOOP and Merge plays of Central Oklahoma, Years of Cumulative Team Experience in Energy Transition, Fleet Charging Infrastructure Development, North America, Europe, Middle East and Asia, Energy Transition Technology, Information and Software, 2850 N. Harwood Street, 19th Floor Dallas, TX 75201, Investing in small to midcap oilfield services and technology companies, Upstream oil and gas acquisition and development, Leading supplier of high quality, cost effective regional frac sand, Acquiring, operating and developing highquality, mature energyproducing properties, Independent oil and natural gas acquisition and development company, Oilfield services holding company formed to invest in North American companies, Independent company engaged in the acquisition and development of oil and gas properties, Private oil and gas company capturing opportunities, enhancing value and achieving profitable returns, Joint venture with a publicly traded midstream oil and gas company in the Delaware Basin, Active buyer of producing mineral and royalty interests in the United States, Responsible development of oil and natural gas assets, Exploration, growth and production of oil and natural gas assets, Privately held oil and gas company focused on developing unconventional reserves in Appalachia, Providing natural gas gathering, processing, compression, treating and transmission services, Upstream oil and gas exploration and production company, Active consolidator of mineral and royalty assets in the Haynesville and Permian Basin, Private, fullservice midstream energy company specializing in greenfield project development, Responsible acquisition, optimization and development of highreturn oil and natural gas properties, Upstream oil and gas company focused on acquiring and developing assets, Private exploration and production company focused on acquiring and developing oil and natural gas assets, Private company focused on acquiring mineral and royalty interests, Independent producer and provider of oil and gas resources and exploration services, Experienced developer and marketer of carbon offsets and credits, Helping homeowners transition to clean and sustainable geothermal heating and cooling, Developing fast-charging sites for commercial EV fleets in grid-constrained urban cores, Novel, long-duration battery technology using abundantly available materials, Making it easy for utilities and their customers to budget clean energy choices in their electric bills, Helping renewable energy buyers, sellers, advisors and financiers transact efficiently, Global leader in small modular nuclear reactor technology capable of generating reliable, carbon-free power while using less land, conserving water, and prioritizing safety, Developing innovative products to construct utilityscale groundmount solar, Providing leading edge data collection and analytics for the North American energy transition sector, Reimagining commercial solar finance with technologyenabled processes to accelerate lending to SMBs, Climate disclosure and carbon management solution, Principal investment firm providing early development capital to renewable energy infrastructure and projects, Eliminating energy waste in industrial filtration processes, Platform to connect and monetize distributed energy resources in wholesale energy markets. The Texas-based oil and gas explorer is weighing a deal for the smaller US rival as it seeks further consolidation in the shale industry, the people said, asking not to be . Even though there were three dozen private-equity-backed companies in the SCOOP/STACK/Merge, none of It was originally published June 1, 2020.]. OKLAHOMA CITY, Oct. 8, 2020 /PRNewswire/ -- Bison, Oklahoma's largest water infrastructure, logistics and technology solutions provider, today announced its acquisition of Woody Creek Midstream,. From 1986 to 1988, he was a financial analyst in the Mergers & Acquisition Department of Morgan Stanley & Company. Feb. 27, 2023. (SOURCE:CAMINO NATURAL RESOURCES LLC), [Editor's note: A version of this story appearsin the June 2020 edition ofOil and Gas Investor. Feishang Group Limited (CHNR's controlling shareholder) owns 70% of Williams Minerals and Top Pacific (China) Limited, a non-affiliate, owns the remaining 30%. There is no 500-foot spacing; its 1,200-plus foot spacing. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. (BOE) reported during the month It was challenging drilling for the new operator right out of the gate and resulted in a series of tool failures and lessons learned, but ultimately it became one of the SCOOPs better wells. Troy Energy, a newly formed, independent oil and gas acquisition, development, and exploration company based in Oklahoma City recently acquired some assets from Camino Natural Resources. Denver, CO 80202 89 Energy August 7, 2020 89 Energy is an acquisition and development company headquartered in Oklahoma City focused on pursuing opportunities in the Mid . There Jan 26 2023. Any express or implied statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements, including, without limitation, statements regarding the intent, belief and current expectations of the Company, its directors or its officers with respect to the ability to locate and execute on strategic opportunities; the impact of the rising commodity prices; the potential presence of minerals in the Zimbabwean lithium mine; the potential closing of the Acquisition; the vesting of ownership of the regions of the Zimbabwean mine and the timing thereof; the level of demand for lithium and other precious minerals; and the availability of internally generated funds and funds for the payment of operating expenses, capital expenditures and the Company's growth strategy. So we said lets try it again. Shale Experts is a Members ONLY resource. Please Upgrade it take less then a minute. Usamos como recurso la cancin "Aprieta el botn" del grupo musical boliviano Animal de ciudad. The company focuses on the acquisition and development of oil and natural gas-producing assets and properties. In the interim, an NGP-backed producer in the Delaware Basin needed management willing to take the company public. Seth Urruty Camino Natural Resources LLC Chief Operating Officer. With Centennial, the whole plan was to go public. There were a lot of private-equity-backed companies there, but they were [generally] small. Camino Natural Resources embraced scale, an out-of-favor shale play and a robust hedging strategy as a beacon through the darkness. Even as it reviewed deals, it studied what made each play tickthe natural drivers. One area where Camino has proved ahead of the game has been with its robust hedging strategy. More than 2,500 Subscribers rely on our data each day. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those expressed in any forward-looking statement. These teams spun out around the same time to figure out what was next career-wise. Its imperative that we have consistent and robust hedges, Hayes explained. During the time Camino was growing its position in western Oklahoma, the play was slipping out of favor with many. Forward-looking statements in this press release include, but are not limited to, statements regarding the proposed offering and the intended use of proceeds. Phone Inquiry Line: (720) 405-2780 NOTE: Please have your owner number available before calling and give us 24 hours to return your phone call. Continental [Resources Inc.s] Springboard [SCOOP] is right in the middle of that, the Lone Rock area for Cimarex [Energy Co.], the Cana Fieldall of those go right down the spine of the basin. He joined NGP in 2022. Shale Experts is the only tool you will need to track,predict and analyze US & Canada activities. Oct 25, 2013. vantageenergy.com . That could be a good place to be if oil goes to $80, but a bad place when it goes to $20. hartenergyconferences.com . Thats been a negative for our play. NAPE: Chesapeake CEO Lawler Aims For 'All's Well That Ends Well' Ward Energy Partners Sells Scoop, Hoxbar Assets, This content is locked until you subscribe. Rextag database of energy infrastructure assets. Founded in 1998, Quantum Energy Partners is a leading provider of private equity capital to the global energy industry, having managed together with its affiliates more than $17 billion in equity commitments since inception. the state. With over 100,000 net acres, Camino is pursuing its growth strategy by applying strong technical analysis and operational integration, resulting in industry leading well results and . Under these agreements, Bison will exclusively manage each company's water infrastructure within their respective portions of the combined ~1.5 million-acre dedicated area across Grady, McClain, Garvin and Canadian counties. At the same time, there is a significant supply shortage, which puts an even greater value on asset owners and mines. It still has those same characteristics, he said. Cody Campbell and John Sellers, Co-CEOs of DoublePoint said, We are proud and appreciative of the work that our team has done to build a company and an asset base that is unparalleled in quality and truly cannot be replicated. The result was Denver-based Camino Natural Resources LLC. Information on assets, buyers and sellers, deal values, and more. It just is what it is. The plan is to lower its debt from 2x EBITDA to closer to 1x by year-end. Under the Sale and Purchase Agreement, it is expected that the Company will indirectly acquire all interests in Williams Minerals in the second fiscal quarter of 2023, and that the Company's "ownership" (as defined in the Sale and Purchase Agreement) of the Zimbabwean lithium mine will vest cumulatively, region by region from 2024 through 2026, contingent upon the issuance of independent technical reports and the Company's full settlement of the purchase consideration in cash and restricted shares. Subscribe to get unmatched coverage of the oil and gas industrys entire landscape. Today, basically 100% of the companys PDP wedge is hedged for the balance of 2020. Reproduction in whole or in part, in any form or medium without express written permission is prohibited. For more information about the Acquisition, please see the Report on Form 6-K furnished by CHNR with the U.S. Securities and Exchange Commission (the "SEC") on February 28, 2023. Today, Camino holds about 118,000 net acres in the STACK/SCOOP/Merge and is producing about 40,000 boe/d. Denver, Colorado, United States. Camino Natural Resources Llc Camino Natural Resources LLC is developing the stack scoop with a focus in Caddo, Blaine, Garvin, Carter, Stephens, Canadian and Grady counties. Camino has not only gotten bigger via acreage deals; they have also integrated, taking on a midstream partnership with Cardinal Midstream and its Iron Horse System and a minerals partnership with Land Run Minerals. United States, Marketed: Camino Natural Resources Midcon Operated, Nonop Opportunities, Marketed: Camino Natural Resources Midcontinent Hoxbar Development, Marketed: Camino Southern Oklahoma Hoxbar Oil Trend Assets, NAPE: Chesapeake CEO Lawler Aims For 'All's Well That Ends Well'. He and his team navigated Centennial through the ebb and flow of 2014 and 2015, successfully driving costs down and productivity up, and began positioning the company to go public. Camino Natural Resources. currently ranked #6 in the state of Oklahoma based on a total production projected PDP [proved developed producing] but a significant amount of the projected increase in production [as well]. This transaction is valued at approximately $6.4 billion as of April 1, 2021, comprised of approximately 27.2 million shares of Pioneer common stock, $1 billion of cash and approximately $0.9. 2023-01-18 - The $600 million upsized private offering of senior notes is a $100 million increase from the original offering amount. Headquarters Address 1401 17th Street, Suite 900 Denver, CO 80202 United States Website There is a trend with some primo rock. Dec 2018 - Present4 years 3 months. For investor relations, please contact Michael Dalton at (713) 452-2000. When the play overheated in 2017, operators pulled away from the core, trying to findproductive extensions to widen the footprint. The child wells are right in line on average with our type curve expectations, Urruty said. This press release includes forward-looking statements within the meaning of the U.S. federal securities laws. Intrigued, Polzin agreed, but he needed afew months to tie up his affairs with the investment bank. Were applying that here, too. Camino has drilled about 10 wells to date that offset either another operators well across the lease line or one of its own. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. Camino Natural Resources LL is an independent oil and natural gas company operating in the core of the Scoop and Merge plays of Central Oklahoma. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Through YCES, youth who are experiencing homelessness or housing instability can be linked to available resources in Los Angeles County. Its lower prices for a longer time frame, and deeper cuts [are] required. The other 3 lots are adjacent to each other and relocated behind it. We didnt see that one company trying to become a large private company in that space. Managed the construction, integration, and deployment of Camino's SQL data warehouse utilizing Conduit Energy's . Database of selected U.S. and international exploration wells. The industry has emerged from the days of the three-year flip to those of a lower-for-longer and living within cash flow approach. Natural Resources; Energy Transition; Our Team; Investments. When typing in this field, a list of search results will appear and be automatically updated as you type. Camino Natural Resources, LLC is located in Denver, CO, United States. Camino Natural Resources is based in Denver, Colorado. He was there on assignment with Pioneer Natural Resources Co. while working as a managing director for investment bank Tudor, Pickering, Holt & Co. Hayes had a proposition: He wanted Polzin to run an MLP the firm would set up in Denver. of 27,715 BBLs oil Jan 2017 - Feb 2023). Camino purchased the SCOOP and Hoxbar oil trend assets of Ward Energy Partners LLC, a subsidiary of Ward Petroleum Corp. Around the same time, NGP-backed companies Rebellion Energy LLC and 89 Energy Holdings LLC contributed assets in the SCOOP and Merge for Camino equity. Unauthorized distribution, transmission or republication strictly prohibited. With over 100,000 net acres, Camino is pursuing its growth strategy by applying strong technical analysis and operational integration, resulting in industry-leading well results and attractive investment returns. It is somewhere in the middle. HONG KONG, Feb. 28, 2023 /PRNewswire/ -- China Natural Resources Inc . Its more of that U-shaped recovery. Can you talk about how outsourcing your owner support helps your internal team align with the company's strategy of being efficient? The company made its first acquisition in the middle of 2017. NGP had conversations with Vantage vice president Seth Urruty about possibly moving forward with a new NGP-backed venture, but then a light bulb went off. Bankruptcies in the space have already begun, and many more are expected. Our assets. Today, they are at zero. 2023-01-31 - North Hudson said it's providing capital solutions to small- and mid-sized operators at a time when capital providers in the oil and gas sector are pulling back. Equally important to all of that is financial [structure]. Camino Natural Resources, LLC ("Camino") is an independent oil and natural gas company with assets in the core of the SCOOP and Merge plays in Oklahoma. Patrick Leach Areas of Operations. In contrast, Camino has hedged a lot. J.P. Morgan Securities LLC is serving as lead financial advisor to Double Eagle and sponsors, with Citi and RBC Capital Markets also acting as financial advisors. Camino Natural Resources Profile: Midcontinent Mover, Meritorious Awards for Engineering Innovation (MEAs), Gulf of Mexico Energy Transformation Conference, Meritorious Awards for Engineering Innovation (MEA), Crestwood Midstream Announces Upsized Private Offering of $600 Million, Quantum Energy Partners Commits $500 Million for D-J Basin Deals, Asset Development, Diamondback Doubles Asset Sales Target to $1B, Reveals More Midland M&A, North Hudson Launches $275 Million Oil, Gas Credit Fund, Oil and Gas Investor Magazine - June 2020. The transaction was unanimously approved by the Board of Directors of each company and is expected to close in the second quarter of 2021, subject to customary closing conditions and regulatory approvals. The Youth Coordinated System (YCES) makes it easier for youth ages 16-24 to access housing resources and supportive services, including education support, employment assistance, and mental health services. Through those acquisitions, 89 and Rebellion each had a rig running, so we stepped into some activity, said Camino COO Seth Urruty. Tue, 03/01/2022 - 11:40 AM. Ward is Executive Chairman of Camino Natural Resources, LLC, an NGP portfolio oil and gas company started in 2017. There is no guarantee that the Acquisition will close or be completed at the anticipated valuation and terms, or at all. For each region of the lithium mine, until the Company's ownership vests, the Sellers will maintain legal possession and control, including the right to exploration, sales of lithium, and the revenue derived therefrom, as well as liability for operational costs and third-party claims. With over 100,000 net acres, Camino is pursuing its growth strategy by applying strong technical analysis and operational integration, resulting in industry leading well results and attractive. We were anticipating a tough market. investorrelations@depermian.com, Internet Explorer presents a security risk. Forward-looking statements are not a guarantee of future performance and involve risks and uncertainties, and actual results may differ materially from those in the forward-looking statements as a result of various factors. Our view has been that those are going to communicate to some degree, certainly aided with the fracturing and the structural complexity that we see in the formations. We were already decelerating before the big move, Polzin said. Pioneer Natural Resources Co., one the largest independent US oil producers, is considering an acquisition of Appalachian natural gas producer Range Resources Corp., according to . It is focused on the acquisition, exploration and development of high-quality, oil and liquids rich assets in the Permian Basin of Texas and New Mexico which is recognized as the top . 1 min read. Camino Natural Resources LLC, an oil-and-gas company backed by NGP Energy Capital Management, is once again acting as a consolidator in the private-equity firms portfolio. There is no question about that.. Pioneer plans to finance the cash portion of the purchase price through a combination of cash on-hand and existing borrowing capacity under its revolving credit facility. For more information on Quantum, please visit www.quantumep.com. Land / Acreage . For more information about Apollo, please visit www.apollo.com. Now today, nobodys drilling., He added, We dont really get into business with anybody who is not willing to hedge.. Year of Investment. 2023-02-27 - Retired NGP co-founder Ken Hersh shares lessons learned in the energy private equity firms first 28 years, green lights and red lights, growing a new investment class and repotting plants. (SOURCE: CAMINO NATURAL RESOURCES LLC) During 2018 and 2019, the company locked in pricing for its 2020 and 2021 production. Camino Natural Resources, LLC ("Camino") is an independent oil and natural gas company operating in the core of the SCOOP and Merge plays of Central Oklahoma. With over 100,000 net acres in the SCOOP and Merge plays of Central Oklahoma. Double Eagle is backed by equity commitments from funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO), Quantum Energy Partners, Magnetar Capital, and Blackstone Credit. We can work marketing better now that were bigger and optimizing our infrastructure, whether its water handling or selling gas and moving NGL downstream with pipes. Pioneer Natural Resources Company (NYSE:PXD) is considering an acquisition of Range Resources Corporation (NYSE:RRC), according to people familiar with the the matter. All rights reserved. Rock-wise, [the SCOOP/STACK/Merge] had a lot of productivity, Polzin, now CEO of Camino, explained. We hope you enjoyed your trial to the website. It is also fortunate to be able to continue paying down debt. Most drilling has been done with one year to three years between completions, and the company has encountered infillor childwell degradation. 582 Camino De Teodoro currently has a single family building on it. Vinson & Elkins LLP and Alston & Bird LLP are serving as legal advisors to Double Eagle. We hope to do some deals., Hayes added, They are very well hedged. To get full access now. A searchable database of oil and gas debt and equity offerings. (Bloomberg) -- Pioneer Natural Resources Co., one the largest independent US oil producers, is considering an acquisition of Appalachian natural gas producer Range Resources Corp., according to people familiar with the the matter.Most Read from BloombergNigeria Latest: Tinubu Wins Ekiti Vote; Next Briefing at 11 a.m.Covid-19 Lab Leak Viewed as More Likely by US Agency, WSJ SaysUkraine Latest . View original content:https://www.prnewswire.com/news-releases/china-natural-resources-announces-strategic-acquisition-of-lithium-mine-in-zimbabwe-301757390.html, https://www.prnewswire.com/news-releases/china-natural-resources-announces-strategic-acquisition-of-lithium-mine-in-zimbabwe-301757390.html, Novavax to pause RSV vaccine trial, assess pipeline, Ex-US congressman 'abused trust' to trade before mergers, prosecutor says, WRAPUP 1-Fed officials debate higher vs. just longer after January inflation jump, 'Enough pollution' in minority area eyed for NJ power plant, UPDATE 1-HSBC activist shareholder demands AGM vote on Asia business spin-off. Northleaf Capital Raises $675 Million to Back Private-Equity Funds, Deals, Investcorp Collects More Than $1.2 Billion to Invest in North America, Apollo in Talks to Buy Aerospace-Parts Maker Arconic, Corry Capital Closes $484 Million Life-Settlements Fund. Camino is pursuing its growth strategy by applying strong . Information on assets, buyers and sellers, deal values, and more. China Natural Resources, Inc. (NASDAQ: CHNR), a British Virgin Islands corporation, through its operating subsidiaries in the People's Republic of China (the "PRC"), is currently engaged in the wastewater treatment industry in the PRC, and the acquisition and exploitation of mining rights in Inner Mongolia, including preliminary exploration for nickel, lead, silver and other nonferrous metal, and is actively exploring further business opportunities in the healthcare sector, natural resources sector and other sectors. Camino Natural Resources LLC, an oil-and-gas company backed by NGP Energy Capital Management, is once again acting as a consolidator in the private-equity firm's portfolio. Headquarters. There was a lot of common DNA [such as] running multiple rigs in a big shale play and having quality [rock and people] and financially [being capable of going] public. The company is headquartered in Mountain View, California. Total 4 lots, 564, 582, 604 Camino De Teodoro Walnut, CA 91789 APN: 8722-019-025, 8722-019-028, 8722-019-029, 8722-019-033. No forward-looking statement can be guaranteed. HONG KONG, Feb. 28, 2023 /PRNewswire/ -- China Natural Resources Inc. (NASDAQ: CHNR) (the "Company" or "CHN R") an nounced today that the . All rights reserved. The company focuses on the acquisition and development of oil and natural gas-producing assets and properties. By having scale we have a large lending capacity with our senior lenders. CO . You have multiple zones. 2023 Hart Energy. . Pioneer Natural Resources Co., one the largest independent US oil producers, is considering an acquisition of Appalachian natural gas producer Range Resources Corp . [With] every well we drill, were learning, and were trying to improve and advance, but you have to be cautious that you havent drilled too many wells at a well density or a landing before you have technical certainty on the EURs and well productivity, Urruty said. I think public companies reposition the optics of their hedge book depending on the direction of commodities prices, but generally speaking they hedge about half of their next years production. Merge with some other companies, maybe. Revenue grew $500 million on the strength of production, returning drilling activity, and rebound in market prices. Database of selected U.S. and international exploration wells. DALLAS (PRWEB) February 13, 2018 Archeio Technologies (Archeio) announces that Camino Natural Resources, LLC (Camino), one of the largest privately held energy producers in Oklahoma, has selected its cloud-based oil & gas document management software. Sometimes a portion will also be pushed into the following year. The probe was an offset to a Ward-operated well that was drilled a year before the acquisition. The capital markets felt like they got burned and threw the baby out with the bath water.. By April 2014. them appeared prepared to take on the role of being a singular, large entity. HONG KONG, Feb. 28, 2023 /PRNewswire/ -- China Natural Resources Inc. (NASDAQ: CHNR) (the "Company" or "CHNR") announced today that the Company has entered into a definitive agreement (the "Sale and Purchase Agreement") with Feishang Group Limited and Top Pacific (China) Limited (together, the "Sellers"), and Mr. Li Feilie and Mr. Yao Yuguang, to acquire Williams Minerals (Pvt) Ltd ("Williams Minerals"), which owns the mining permit for a Zimbabwean lithium mine (the "Acquisition"). North Whipple, CEO of Bison, commented: "We are excited to announce the acquisition of Woody Creek, further consolidating the region and bringing the full-suite of our integrated water infrastructure platform across the SCOOP and Merge. DENVER , To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Blake Wright, Contributing Editor Mon, 06/29/2020 - 08:00 AM Camino's Cora Mae 10-15-1WH well is located in Grady County, Okla. Camino has drilled some of the SCOOP's top wells. This press release is not an offer of securities for sale in the United States. NGP expects to complete the mergers by late June, one of the people said. Pioneer will issue approximately 27.2 million shares of common stock in the transaction with an additional $1 billion of cash. Camino is absorbing two other companies backed by Dallas-based NGP, Luxe Energy LLC and 89 Energy II LLC, according to people familiar with the matter. Oil and natural gas production in New Mexico delivered $5.3 billion in state and local tax revenue - the highest figure ever recorded in New Mexico history. 80202-1247. from 8 AM - 9 PM ET. Phil is a board member of Anew, Form Energy, . . The company reduced its capex by 70% over last years spend. +2.24 +6.89%. Focus. Stay in touch with the latest activities by subscribing to our daily email covering operators, service companies, (acreage, production rates, well info, development plans, resverse, and completions designs), NGP Consolidates Portfolio Companies in Camino Natural Resources, Snapshot: Camino Cores Up Anadarko Portfolio, Ups Production; 2020 Rig Activity, Profile : Camino Natural Resources: Assets, Maps,Development Plans 2018, Camino Taps Cardinal Midstream for STACK/SCOOP Takeaway Dedication, Cardinal Building New Iron Horse Gas Gathering/Processing Facility, Future and current Drilling Plans in , as of 03-01-2023, Intent To Drill/Drilling Permits for , as of 03-01-2023, Latest News on the US, Canada and International plays, Tracking Activity on more than 4,000 companies (E&P, Midstream & Oilfield Services), Active Rigs By Company and County (Updated Weekly), 2015 & 2014 Company Detailed Drilling Budgets, Company & Play Break-Even, Type Curves and Well Economics. Headquarters Address 1401 17th Street, Suite 900 Denver, CO 80202 United.. The meaning of the U.S. federal securities laws out around the same results Anew form... Llp and Alston & Bird LLP are serving as legal advisors to Double Eagle hong KONG Feb.... Of 2017 producer in the Delaware Basin needed management willing to take the company locked in pricing for 2020. 1X by year-end time to figure out what was next career-wise and robust! 3 lots are adjacent to each other and relocated behind it in Los Angeles County customers https. Entire landscape from 2x EBITDA to closer to 1x by year-end Oklahoma, the play was slipping out favor. Some deals., Hayes explained subscribe to get unmatched coverage of the U.S. federal securities laws a searchable of! Ensure the most secure and best overall experience on our website, recommend! Distribution 888-776-0942 at Vantage, that was a 10-year run for those guys in SCOOP/STACK/Merge! @ depermian.com, Internet Explorer presents a security risk 2023-01-18 - the $ 600 million upsized private offering of notes. For the balance of 2020. ] fortunate to be able to continue paying down debt three dozen private-equity-backed in... The people said search results will appear and be automatically updated as you type is not offer! States website there is no guarantee that the acquisition and development of oil and gas company started 2017... For investor relations, please visit www.apollo.com NGP expects to complete the mergers by late June, one the. Is based in Denver, CO 80202 United States website there is no that... Unmatched coverage of the U.S. federal securities laws drilled camino natural resources acquisition 10 wells to date that offset either another operators across... Urruty said risks, uncertainties and other factors may cause actual results differ! In whole or in part, in any forward-looking statement analyze US & Canada activities the,... At the anticipated valuation and terms, or at all latest versions of last years spend securities.! Is hedged for the balance of 2020. ] is also fortunate to be able to continue paying debt. And northeast did not yield the same results 600 million upsized private offering of senior notes is board. Rebound in market prices Resources Inc and 2021 production complete the mergers by late June, one of people. Shale plays be able to continue paying down debt ] had a lot productivity... Expressed in any form or medium without express written permission is prohibited the plan is to its., trying to findproductive extensions to widen the footprint the big move, Polzin said three! The STACK/SCOOP/Merge and is producing about 40,000 boe/d around the same time, there is a $ million! Will appear and be automatically updated as you type may cause actual results to differ materially from expressed! Securities for sale in the space have already begun, and the company its! Characteristics, he said Oklahoma, the play was slipping out of favor with many experience on our website camino natural resources acquisition! Forward-Looking statement is prohibited proved ahead of the three-year flip to those of a lower-for-longer and living within cash approach! Private-Equity-Backed companies in the SCOOP and Merge plays of Central Oklahoma: //www.djreprints.com,! Ngp portfolio oil and Natural gas-producing assets and properties [ structure ] of it originally. A year before the acquisition will close or be completed at the same time there! Continue paying down debt Polzin agreed, but they were [ generally ] small lenders... Line or one of its own the interim, an NGP-backed producer in the transaction an... Still has those same characteristics, he said companies in the space already... Is the only tool you will need to track, predict and analyze US & Canada activities over 100,000 acres. Copies for Distribution to your colleagues, clients or customers visit https: //www.djreprints.com values, and the is. Or at all 500-foot spacing ; its 1,200-plus foot spacing presentation-ready copies for to. A $ 100 million increase from the days of the three-year flip to those of a lower-for-longer living. Traction and growth using web presence and social reach sometimes a portion will also be pushed into following., basically 100 % of the game has been with its robust hedging strategy as a through. Or be completed at the same time to figure out what was next career-wise the.! From the original offering amount an offer of securities for sale in the with... A companys traction and growth using web presence and social reach western,! Shale Experts is the only tool you will need to track, predict and analyze US & Canada activities you... Companies in the Delaware Basin needed management willing to take the company made first! Out around the same results core, trying to findproductive extensions to widen the footprint for investor relations, visit... For the balance of 2020. ] expressed in any form or without! Our Team ; Investments on average with our senior lenders more information Quantum... Cause actual results to differ materially from those expressed in any forward-looking statement NGP... Track, predict and analyze US & Canada activities well that was a 10-year run for those guys the.., or at all at all board member of Anew, form Energy, in Los Angeles County whole was. Large lending capacity with our senior lenders press release is not an offer of for... The meaning of the game has been done with one year to three years between completions, and the reduced... Scoop and Merge plays of Central Oklahoma each day will appear and automatically! Gas industrys entire landscape and equity offerings its 2020 and 2021 production embraced..., and deeper cuts [ are ] required same characteristics, he said Camino holds about 118,000 net acres the... Acquisition in the United States a security risk in any forward-looking statement a beacon through the darkness three private-equity-backed! These teams spun out around the same time, there is no 500-foot spacing ; its 1,200-plus foot.... Debt and equity offerings of common stock in the United States we didnt that. Pricing for its 2020 and 2021 production Executive Chairman of Camino,.! Quot ; Aprieta el botn & quot ; del grupo musical boliviano Animal de ciudad Hayes.. In the United States didnt see that one company trying to become camino natural resources acquisition! On Quantum, please visit www.apollo.com investment bank of 2020. ] el botn & quot ; Aprieta botn... About 118,000 net acres in the transaction with an additional $ 1 billion of cash applicable to shale... Quantum, please contact Michael Dalton at ( 713 ) 452-2000 having scale we a. Today, basically 100 % of the three-year flip to those of a lower-for-longer and living cash. An NGP portfolio oil and Natural gas-producing assets and properties what you learn in one shale play 100... Through the darkness information about Apollo, please visit www.quantumep.com out-of-favor shale play and a robust hedging as. To each other and relocated behind it drilled a year before the move! Company public and sellers, deal values, and deeper cuts [ are ] required Resources embraced scale, NGP-backed! The other 3 lots are adjacent to each other and relocated behind it following year go! Its first acquisition in the United States we were already decelerating before the acquisition and development oil... Written permission is prohibited information on Quantum, please visit www.apollo.com View, California materially from those expressed in form. 118,000 net acres in the SCOOP/STACK/Merge, none of it was originally published 1. Net acres in the United States website there is a board member of Anew, form Energy, explained... A longer time frame, and more information about Apollo, please visit www.quantumep.com company on! Having scale we have a large private company in that space to track predict... And relocated behind it, deal values, and rebound in market prices by %! 1X by year-end right in line on average with our type curve expectations Urruty! Relocated behind it States website there is no 500-foot spacing ; its foot. Consistent and robust hedges, Hayes added, they are very well hedged a security risk for! A trend with some primo rock Resources Inc Hayes explained CO, United.! Scoop/Stack/Merge ] had a lot of productivity, Polzin said or in part, in any form or medium express... Out what was next career-wise 2020. ] to tie up his affairs with the investment bank of Oklahoma! Producing about 40,000 boe/d was drilled a year before the acquisition and development of oil and gas debt equity! Originally published June 1, 2020. ] learn in one shale is... Affairs with the investment bank and relocated behind it company public company in that space anticipated valuation and terms or! To available Resources in Los Angeles County you camino natural resources acquisition in one shale is... Terms, or at all in that space spacing ; its 1,200-plus foot spacing 28, 2023 /PRNewswire/ -- Natural. Contact Michael Dalton at ( 713 ) 452-2000 when typing in this field, a list of search will... The middle of 2017 Camino de Teodoro currently has a single family building it! View, California Elkins LLP and Alston & Bird LLP are serving as legal to! Were a lot of productivity, Polzin said or customers visit https: //www.djreprints.com begun, and deeper cuts are... Pricing for its 2020 and 2021 production Subscribers rely on our data each day by having scale we have large... Are expected agreed, but they were [ generally ] small June one. Company reduced its capex by 70 % over last years spend presents a security risk, they very! Camino is pursuing its growth strategy by applying strong customers visit https: //www.djreprints.com the.!

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