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With this step, we significantly enhance our scale and gain strategic multi-basin positioning, all while maintaining a resilient balance sheet. The return of a public Company to the basin underscores the deep value and long-term potential of the asset.
(Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin, today announced the acquisition of certain assets from Edge Energy II LLC (“Edge Energy”) in an off-market transaction for $12.5
Covering 30% of the KCA to the north, there exists a large, deep Miocene-age basin named the Soltvadkert Trough, which is analogous in many respects to the petroleum play elements in the Kiskunhalas Trough. The area has no existing deep drilling and is largely unexplored, covered only by old 2D seismic.
We anticipate a shift in the global exploration and production market, with offshore basins expected to play an increasing role in global oil production. Talos will take a strategic and measured approach in assessing opportunities within the Gulf of America and other conventional offshore basins. Build a long-lived, scaled portfolio.
In addition to in-person access to all company presentations, panel discussions, and keynote speakers, conference registration allows investors and management teams to meet formally and informally over cocktails, breakfast, and lunch. About EnerCom, Inc.: Founded in 1994, EnerCom, Inc.
(Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin, today announced the reaffirmation of its multi-year Reserve-Based Lending (“RBL”) credit facility with Citibank, N.A., its lead arranger.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU) 596 / 2014 WHICH FORMS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (“UK MAR”). basins; A US$100 million commitment from a major U.S. basins; A US$100 million commitment from a major U.S.-based
In addition to in-person access to all company presentations, panel discussions, and keynote speakers, conference registration allows investors and management teams to meet formally and informally over cocktails, breakfast, and lunch. About EnerCom, Inc.: Founded in 1994, EnerCom, Inc.
(the Company or ReconAfrica) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces an agreement for a joint exploration project in Angola with the Agncia Nacional de Petrleo, Gs e Biocombustveis or National Oil, Gas and Biofuels Agency (ANPG). ANPG is Angolas national concessionaire and regulator.
For more information, visit www.newerahelium.com. (Oil & Gas 360) –MIDLAND, TexasApril 29, 2025. New Era Helium, Inc. In parallel, NEH is finalizing design optimizations with its plant manufacturer, Arjae Design Solutions, focusing on enhancing helium purity at the plant’s tailgate. Will Gray II, CEO of New Era Helium, Inc.,
Energy Information Administration (EIA) showing domestic crude oil production reached an all-time high of 13.5 Almost all of the production growth has come from the Permian Basin region. Producers last month also paid $227 million to the state in natural gas production taxes, up 26 percent from May 2024.
TSXV: CCEC ) ( FSE: 4JH ) is pleased to announce that it has been granted its first drilling permit from the Hungarian Mining Directorate for the CC- Ba-E-2 appraisal well at its 100% owned Kiskunhalas tight gas project in Hungarys Pannonian Basin. (Oil & Gas 360) – CanCambria Energy Corp.
Zephyr’s flagship asset is an operated 46,000-acre leaseholding located in theParadox Basin,Utah, 25,000 acres ofwhich has been assessed to hold, net to Zephyr, 2P reserves of 2.6 This information is provided by RNS, the news service of theLondon Stock Exchange.
In addition to in-person access to all company presentations, panel discussions, and keynote speakers, conference registration allows investors and management teams to meet formally and informally over cocktails, breakfast, and lunch. About EnerCom, Inc.: Founded in 1994, EnerCom, Inc.
RNS Number : 5882H Zephyr Energy PLC 07 May 2025 Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under theUKMarket Abuse Regulation. With the publication of this announcement, this information is now considered to be in the public domain.
The hedges were executed following the closing of Prairies transformative acquisition of DJ Basin assets from Bayswater Exploration and Production. Prairie continues to advance development across its DJ Basin footprint, including the recently announced 11-well Rusch Pad targeting the Niobrara and Codell formations.
RNS Number : 4190I Zephyr Energy PLC 13 May 2025 Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under theUKMarket Abuse Regulation. With the publication of this announcement, this information is now considered to be in the public domain.
This content-rich program is designed to give non-technical energy professionals such as bankers, investors, analysts, lawyers, accountants, and new oil and gas industry professionals a basic education detailing the information and data that goes into evaluating oil and gas assets and preparing an independent reserves report.
This content-rich program is designed to give non-technical energy professionals such as bankers, investors, analysts, lawyers, accountants, and new oil and gas industry professionals a basic education detailing the information and data that goes into evaluating oil and gas assets and preparing an independent reserves report.
His deep industry knowledge and hands-on operational skillset, developed over four decades, will be instrumental in delivering our vision to unlock the full potential of our deep-basin tight-gas project through the drill-bit.” For more information about CanCambria Energy Corp and its leadership team, visit our corporate webpage.
The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Companys continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (DJ) Basin. More information about the Company can be found at www.prairieopco.com.
billion for land bridges – combinations of wetlands, ridges and above-water land – to be built across stretches of open water in the Barataria and Lafourche basins. [5] billion for land bridges – combinations of wetlands, ridges and above-water land – to be built across stretches of open water in the Barataria and Lafourche basins. [5]
About ReconAfrica ReconAfrica is a Canadian oil and gas company engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana , where the Company holds petroleum licences comprising ~8 million contiguous acres. Actual future results may differ materially.
existing net DUCs and permits with an average lateral length of ~9,500 feet PRO FORMA HIGHLIGHTS Approximately 85,700 net royalty acres in the Permian Basin; ~43% operated by Diamondback Pro forma Viper owns an average 1.8% For more information, please visit www.viperenergy.com. billion which equates to less than 1.0x
(Nasdaq: PROP) (the Company or Prairie) an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin today announced it is beginning completions of nine previously drilled but uncompleted (DUC) wells acquired in the recent Bayswater transaction.
Ballymore is an example of how we are leveraging technology and driving efficiencies to help produce affordable, reliable energy from the deepwater Gulf of America, one of the lowest carbon intensity oil and gas producing basins in the world, said Brent Gros, vice president, Chevron Gulf of America. Co-owner TotalEnergies E&P USA, Inc.
RNS Number : 5083K Zephyr Energy PLC 29 May 2025 Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under theUKMarket Abuse Regulation. With the publication of this announcement, this information is now considered to be in the public domain.
In addition to in-person access to all company presentations, panel discussions, and keynote speakers, conference registration allows investors and management teams to meet formally and informally over cocktails, breakfast, and lunch. About EnerCom, Inc.: Founded in 1994, EnerCom, Inc.
The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure.
This acquisition combines large, premier acreage positions in the Utica, creating a third foundational play for EOG alongside our Delaware Basin and Eagle Ford assets, said Ezra Y. Yacob, Chairman and Chief Executive Officer of EOG. quantities of oil and gas that are as likely as not to be recovered) as well as possible reserves (i.e.,
For more information about Urban Oil & Gas Group and their operations, visit their official website: www.urbanoilandgas.com. The pipeline system comprises two active segments: OM (Other Modification): 38.55 miles PA (Pipeline Addition): 27.00 Regulated Miles: 0.00 Unregulated Miles: 65.54 Amendments: OM (Other Modification): 38.55
The flurry of merger and acquisition (M&A) activity over the last two years has changed the minerals landscape in the Permian Basin, along with most producing basins in the United States. Regarding the bolt-ons and consolidation of acreage, Lee noted that Ovintiv recently divested its Uinta Basin assets in order to buy others.
Upstream: Activities: Upstream refers to the exploration and production (E&P) phase of the oil and gas industry. Production increases in the Permian Basin, for example, are a challenge regarding the takeaway capacity of the existing pipeline infrastructure. This includes both onshore and offshore activities.
poised to expand LNG export capacity , interest in gassy basins has surged. Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 Natural Gas in Focus: South Texas Eyes the Next Wave With global gas prices gaining momentum and the U.S. According to the U.S. Bcf/d by 2026.
poised to expand LNG export capacity , interest in gassy basins has surged. Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 Natural Gas in Focus: South Texas Eyes the Next Wave With global gas prices gaining momentum and the U.S. According to the U.S. Bcf/d by 2026.
The recent shift to real-time data acquisition and monitoring has refined this process, allowing engineers to adjust dynamically as new information becomes available. Building and refining type curves across an asset or basin can take weeks. These tools improved forecast reliability, resource management, and recovery strategies.
The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S. Weve never been in a position before where we were on the back-half of the inventory story of a burning basin, Novi Labs head of research Brandon Myers said. Energy Information Administration. TAPPED OUT?
million bpd from 2025, according to the Energy Information Administration’s Short-Term Energy Outlook released Tuesday. million, driven by a slowdown in the prolific Permian basin, the EIA said. President Donald Trump’s push for American energy dominance. Output is now expected to slip to 13.37 million bpd in 2026 from about 13.42
Energy Information Administration expects crude oil production to rise to a new record average of 13.61 And a 2024 industry survey by the Federal Reserve Bank of Dallas showed that drillers require oil prices of between $59 and $70 to drill a new well, depending on the basin. million bpd in 2026. The CEO of U.S. Benchmark U.S.
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