Evolution Petroleum said the company added 300 gross undeveloped locations and more than a dozen DUCs.
DLH Capital LLC has retained EnergyNet for the sale of a 14 well package SCOOP/STACK opportunity in Blaine, Caddo, Canadian and Grady counties, Oklahoma.
Oil and gas dealmaking continued at a high clip in the first quarter, especially in the Permian Basin. But a thinning list of potential takeout targets, and an invigorated Federal Trade Commission, are chilling the red-hot M&A market.
Evolution expects to participate in future development blocks, holding in aggregate over 70 additional horizontal well locations.
Shares for Oklahoma City-based Gulfport Energy massively outperformed market peers over the past year—and analysts think the natural gas-weighted name has even more upside.
Evolution Petroleum entered agreements with three companies to purchase non-op interests in Oklahoma’s SCOOP and STACK plays for $43.5 million, equaling its largest transaction so far.
Just weeks after going public on the New York Stock Exchange, Mach Natural Resources is growing its position in Oklahoma with an $815 million acquisition from Paloma Partners IV LLC.
Led by Chesapeake Energy co-Founder Tom Ward, Anadarko Basin E&P Mach Resources is the second public offering by an MLP this year.
In a conversation with Hart Energy's Nissa Darbonne at the SUPER DUG conference and exhibition, Elevation Resources CEO Steve Pruett says he prefers to see stable oil prices rather than unsustainable prices in the triple digits.
After growing into one of the nation’s largest public mineral and royalty companies last year through a $4.8 billion merger with Brigham Minerals, Sitio is searching for more deals, primarily in the Permian Basin.