PetroTal Corp.’s Post

Matador finalizes a game-changing acquisition, securing oil and gas properties from Ameredev for a monumental $1.9 billion. This strategic move includes a 19% stake in Piñon Midstream, fortifying Matador's presence across Lea, Loving, and Winkler Counties. With this deal, Matador's Delaware basin acreage now surpasses 190,000 net acres, boasting a production of 180,000 BOED and proved reserves exceeding 580 MMBOE. The acquisition significantly enhances Matador's standing in the Permian basin, particularly the esteemed Delaware sub-basin, known for its high production rates and substantial reserves. The company will see a significant boost in its operational scale and drilling inventory, adding 33,500 net acres and 431 operated drilling locations to its portfolio. This acquisition also amplifies Matador's production capacity and growth trajectory, propelling its market valuation well beyond $10 billion. The acquisition solidifies Matador's asset base, production capabilities, and free cash flow potential, setting the stage for its sustained success in the Permian Basin. #OilandGas #Acquisitions #EnergySector #m&a #permianbasin #midlandbasin #delawarebasin #oilandgasindustry #oil #gas #ngl #nymex #WTI #brent #eagleford #haynesville #marcellus #djbasin #drilling #upstream #midstream #lng #refinery #midland #permian #ofs #processing #processingplant #trucking #privateequity #familyoffices #esg #sustainability #climatechange #power #electric #ev #solar #wind #datacenters #artificialintelligence #cng #naturalgas #crudeoil #import #export #turbines #solarfarms #nra #engineers #landman #hapl #aapl #spe #aade #cwsomaha #fightingtexasaggies #aggiebaseball #cws #omaha #gigem

Excellent program for startup mining operations.

Excited to share: Equivest Metals joins BHP XPLOR 2024 Program. Our goal is to make mineral exploration a smarter, less risky venture. Our approach is to use mineral systems to make sure we are selecting the best geology and use our proprietary data platform for faster, data-driven decisions, not guesses. Benefits from BHP Xplor include: * $500,000 non-dilutive funds, * Expert coaching from BHP, * Chances for more funding or BHP partnerships. We're deploying our Mineral Exploration Data Platform in Southern Africa, fusing advanced models and machine learning for in-depth studies with BHP data. Stay tuned for updates on our Finland projects. #geology #mineralexploration #datascience #mineralsystems #batterymetals

We’re ready for another year! Very excited to see what we can achieve with our second cohort in the BHP Xplor program, and how we can work together to accelerate their exploration opportunities.    Learn more about the BHP Xplor program at bhp.com/xplor.   #bhp #bhpxplor #mineralresources #energytransition #sustainablemining #acceleratorprogram #innovation #mentorshipopportunities #miningtechnology #innovativemining

Equivest Metals is proud to announce its selection for the BHP Xplor accelerator program. BHP Xplor, a 6-month program, focuses on helping early-stage mineral explorers like Equivest Metals fast-track and de-risk their geologic concepts to become investment ready. As a selected participant in the BHP Xplor accelerator program, Equivest Metals will receive: - Up to 500,000 USD in non-dilutive funding, - Access to commercial and technical coaching and expertise from BHP, and - Opportunities to pitch for follow-on funding or partnerships with BHP. Equivest Metals plans to deploy its innovative Mineral Exploration Data Platform, integrating advanced mineral systems models with machine learning and advance visualizations, for a mineral prospectivity study in the southern Africa region using data provided by BHP. "Joining the BHP Xplor program is an exciting step for us," says Joanna Ponicka, VP of Exploration at Equivest Metals. "It aligns perfectly with our mission to unlock early-stage exploration opportunities and apply a systematic, science and data-driven approach to exploration." #mineralexploration #geology #datascience #batterymetals

What an amazing journey it’s been to get here! After the success of our inaugural BHP Xplor Program last year, I’m excited to work together with our newly selected cohort of explorers and see what we can achieve in 2024.     Learn more about the BHP Xplor program at bhp.com/xplor.      #bhp #bhpxplor #mineralresources #energytransition #sustainablemining #acceleratorprogram #innovation #mentorshipopportunities #miningtechnology #innovativemining Sonia Scarselli Marley Palin Niall McCormack Libby Sharman Lisa Mossé

We're back! After the success of the inaugural BHP Xplor Program last year, I’m excited to meet and work closely with our newly selected cohort of explorers to see what we can achieve in 2024.    Learn more about the BHP Xplor program at bhp.com/xplor.     #bhp #bhpxplor #mineralresources #energytransition #sustainablemining #acceleratorprogram #innovation #mentorshipopportunities #miningtechnology #innovativemining 

The second Australasia deal of the year sees Matahio acquire East West Petroleum's 30% stake in Cheal East (PMP 60291) onshore New Zealand. Once complete, this will give them 100% in both the Cheal (PMP 38156) and Cheal East permits and should simplify decisions for further investments across the permits. Deal value is US $1 million, with an effective date of 31st July 2023. #oilandgas #mergersandacquisitions #matahio

#PermianBasin consolidation at it's finest with Matador Resources Company acquiring Ameredev II, LLC for $1.9b (all cash by the way 🤑 ) While a nice jump in immediate production, I think the big item to note is the undeveloped acres - 431 gross (371 net) locations across the #Wolfcamp and #BoneSpring. This makes them an even larger force in the Permian where everything is at a premium and long term runway is critical. This brings Matador to: 🔷 190,000 net acres in the #Delaware 🔷 180,000+ boe/d 🔷 2,000 net undrilled locations Congrats to them for getting it done! Also, will be interesting to see if Ameredev III is coming. https://lnkd.in/gc4wt433 #oilandgas #energyindustry #quorumsoftware #energytech #mergersandacquisitions

Argentina's state-run oil company, YPF, is moving to sell several business units and stakes as a divestment plan aimed at focusing its efforts on heralded shale patch Vaca Muerta gathers steam. YPF is receiving bids for its businesses in Brazil and Chile, where it sells refined products like lubricants and jet fuel, Chief Executive Officer Horacio Marín. Argentina's biggest oil and gas producer has also started the process of selling its 50% stake in refiner REFINOR S.A.. And it is committed to divesting a 70% stake in natural gas distributor Metrogas — but only once President Javier Milei's free-market reforms, which feature utility price hikes, have driven up Metrogas' value, Bloomberg reported. #MergersAcquisitionsDivestitures #OilandGas #Utilities