🛢️ In a significant move within the energy sector, Quantum Capital Group and Kayne Anderson have teamed up with FourPoint Energy, LLC to acquire Ovintiv's Uinta Basin assets for $2 billion. This acquisition broadens their operational footprint and reinforces the importance of partnerships in scaling and enhancing production capabilities in key U.S. energy markets. The Uinta Basin, known for its rich #hydrocarbon reserves, positions the partners to capitalize on robust industry dynamics and drive forward their energy strategies. Dive deeper into this major deal and its potential impacts: https://lnkd.in/ezaBFUan #Energy #PrivateEquity #InvestmentStrategy
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EXTRA!!! EXTRA!!! READ ALL ABOUT IT!!! Big news coming from our industry! Check out our newest weekly spotlight newsletter from our very own Olivia Quesada as she discusses the expansion of Crescent Energy's new Eagle Ford acqution! She also discusses how Well Data Analytics can help you visualize geographical coverage in new areas for you to make great future decisions! Click the link below to read more! #TGS #OilandGas #WellData
In this edition of our Weekly Spotlight Newsletter, Olivia Quesada analyzes Crescent Energy’s strategic expansion in the Eagle Ford this acquisition offers numerous benefits for Crescent Energy as a leading operator in the Eagle Ford Shale. It creates opportunities to drive significant annual synergies of $65 to $100 million through the immediate cost of capital savings and operating efficiencies. Discover how our all-in-one platform, Well Data Analytics, visually showcases the geographical coverage of Crescent Energy and SilverBow Resources' wells, offering a comparative analysis and valuable data for quick decision-making in the full article: https://hubs.ly/Q02ynRjG0 #TGS #WellDataAnalytics #EnergyIndustry #OilAndGas
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Buru Energy's CEO, Thomas Nador, recently took part in a MST Financial Oil and Gas Webinar which showcased six ASX listed companies. Thomas spoke in detail about Buru’s Farm-in Agreement with Sabre Energy, it’s plans to drill the Mars prospect, the Rafael discovery and it’s energy transition businesses 2H Resources and GeoVault. Click here to see the full presentation: https://lnkd.in/gm-QHzcP NB. MST Financial (“MST”) materials, or any portion thereof, may not be reproduced, sold or redistributed without the prior and written consent of MST. MST Access reports, updates, video interviews and other materials produced by MST Access have generally been engaged and paid by the subject company for ongoing research coverage. Please refer to full disclosures and disclaimers in the company-specific reports. #presentation #energy #exploration #production #energytransition
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In this edition of our Weekly Spotlight Newsletter, Olivia Quesada analyzes Crescent Energy’s strategic expansion in the Eagle Ford this acquisition offers numerous benefits for Crescent Energy as a leading operator in the Eagle Ford Shale. It creates opportunities to drive significant annual synergies of $65 to $100 million through the immediate cost of capital savings and operating efficiencies. Discover how our all-in-one platform, Well Data Analytics, visually showcases the geographical coverage of Crescent Energy and SilverBow Resources' wells, offering a comparative analysis and valuable data for quick decision-making in the full article: https://hubs.ly/Q02ynRjG0 #TGS #WellDataAnalytics #EnergyIndustry #OilAndGas
TGS Adds Well Economics Data to the Delaware Basin: Unveils Insights Compared to Dallas Fed Energy Survey
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Carnelian Energy Capital-backed PARALLAX ENDURANCE ENERGY, an upstream exploration and production company, completed the acquisition of Vesta Energy Ltd, an oil and gas company. Financial terms were not disclosed. You can submit deals you were involved with here: https://lnkd.in/d_Firwmh “We are excited to close the acquisition of Vesta. We now control among the largest inventories of low-breakeven Duvernay oil locations, with recent completion advancements underpinning some of the highest returns in the WCSB. With a fully capitalized and growth driven mindset, we look to pair an accelerated organic development program with a runway of strategic consolidation opportunities," Dustin Hoffman, Parallax CEO. Parallax Energy was advised by Vinson & Elkins, Stikeman Elliott LLP, Gowling WLG, National Bank Financial and ATB Capital Markets. Debt financing was provided by RBC Capital Markets, BMO Capital Markets, ATB Financial and National Bank Financial. #MergersAcquisitionsDivestitures #Upstream #Energy
Carnelian Energy Capital-backed Parallax Energy completed the acquisition of Vesta Energy.
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Deltic Energy’s plan to grow its business abroad was boosted by new gas discovery in wake of UK budget @DelticEnergy #AIM #DELT. Small-cap oil and gas exploration in the North Sea isn’t as straightforward a business as it used to be. A glance across London’s AIM market also tells us that among speculators it isn’t as popular as it used to be either. Indeed, at another time or if their assets were located in another country, the team at Deltic Energy PLC (AIM:DELT) would currently be sitting on a much more substantial valuation. At around 6p per share, or £5.8 million, the firm’s meagre valuation is 5 times less than the value ascribed by Charlie Sharp, an oil... http://ow.ly/jK3s105NRf3
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We’re proud to announce that E2E Energy Solutions has secured Canadian and U.S. patents for our Enhanced Geothermal Reservoir Recovery System (EGRRS). This breakthrough technology unlocks new possibilities for scalable, zero-emission geothermal power—right here in Alberta and beyond. As the Alberta government commits $50M to the Alberta Drilling Accelerator, E2E is poised to leverage this momentum to fast-track geothermal energy development and drive the future of clean, reliable power. Discover more about how E2E is reshaping the energy landscape: https://lnkd.in/eyQQNinX #E2EEnergySolutions #GeothermalInnovation #CleanEnergyFuture #AlbertaLeadership #InTheNews #YYCNow
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Southwestern Energy Company: M&A, 2022 vs 2023 Review, 2024 Forecast #Southwestern plans to keep its production steady, with a budget of $2.0 to $2.3 billion allocated for capital expenditures in 2024. The operational expenses of Southwestern extend beyond production; they encompass the costs associated with gathering, processing, and transporting the resources, all of which are included in the Lease Operating Expenses. The company's operations span two key geological formations: the Marcellus Shale in the Appalachian region and the Haynesville Shale in Louisiana. In January 2024 #Chesapeake Energy has agreed to purchase its competitor, Southwestern Energy, in a $7.4 billion deal. The acquisition anticipates a boost in natural gas demand with new U.S. LNG export terminals coming online in 2025. Read more here: https://lnkd.in/dvDGaXEc Rextag's Energy DataLink: One app to meet your energy research needs Try it for FREE: https://lnkd.in/dYZytgpp
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Deltic Energy announces North Sea gas discovery in Selene well @DelticEnergy #AIM #DELT. Deltic Energy PLC (AIM:DELT) has announced a significant new gas discovery at the Selene prospect in the UK’s Southern North Sea. The Shell-operated 48/8b-3Z well reached a planned depth of 3,540 metres and encountered the anticipated Leman Sandstone formation with evidence of gas throughout the reservoir. Estimates put the discovery’s recoverable resources between 95 and 176 billion cubic feet (BCF). This is at the lower end of the pre-drill estimate range, but, significantly, Deltic said the bulk of the resources are concentrated in the higher-quality B-Sand up-dip from... http://ow.ly/4Lkj105Nun0
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Maximilian Sali, founder and VP Corp Dev shares Monumental Energy Corp (TSXV: MNRG) bold dual play strategy on TokStocks: Lithium in Chile & Gas in NZ. 🎙 https://lnkd.in/gZ87WiZX I met Max back in 2010 when I was working with Realm Energy International Corporation, fast forward and he was MC at my wedding. He's a hard working, fun loving, young executive who wears his heart on his sleeve and already has had success founding two previous resource companies and Monumental is his 3rd. Is 3rd time the real charm? The Company just recently closed on a great option deal for a non-core project receiving $725,000 to pad their cash balance. He's going the non-traditional route with the potential to secure a non-dilutive stream of funding for Monumental through a strategic investment in New Zealand Energy Corp (NZ) that is poised to enter gas production and has a dividend first focus. Monumental Energy Corp. Ticker: MNRG.V Shares Issued: 57,587,327 Market Cap: 6,335,000 Last: $0.11
Monumental Energy Corp: A Microcap Focused on Lithium and Natural Gas
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Latest U.S. News: Vital Energy, NOG $1.1B Acquisition of Point Energy in #Delaware Basin #VitalEnergy is joining forces with Northern Oil and Gas (NOG) to acquire Point Energy Partners’ Delaware Basin assets for $1.1 billion. As part of the agreement, Vital and NOG will purchase #PointEnergy’s assets in an all-cash deal. Vital Energy will take 80% of the assets, while NOG will acquire 20%. Point Energy is currently owned by Vortus Investments. The deal is expected to close by the end of the third quarter of 2024, with an effective date of April 1, 2024, pending customary closing conditions. Read more here: https://lnkd.in/dd_GScaB
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