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Mach Natural Resources LP Announces Transformative Acquisitions in the Permian Basin and San Juan Basin

Oil & Gas 360º

With this step, we significantly enhance our scale and gain strategic multi-basin positioning, all while maintaining a resilient balance sheet. Mark Teshoian, Co-Managing Partner of Kayne’s Energy Private Equity practice, stated, “We are excited to partner with Tom and the Mach team on this transformative transaction.

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Mach Natural Resources acquires Permian assets to mark entry into basin

Permian Basin Oil and Gas Magazine

billion to mark entry into Permian Basin and San Juan Basin to complement its existing operations in Mid Continent. These assets lie on the Central Basin platform and its eastern, northern and northwest shelves. These assets lie on the Central Basin platform and its eastern, northern and northwest shelves. million acres.

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Mach Natural Resources LP Announces Transformative Acquisitions in the Permian Basin and San Juan Basin

BOE Report

The [Read more]

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Chevron Expands Triple-Frac to Half of Its Permian Wells

OilPrice

Chevron will boost the so-called triple fracs fracturing three wells with one frac spread at one time to more than half of its wells in the Permian basin, a Chevron executive told Reuters, amid efforts to reduce the costs and times of fracking at the worlds top shale basin. supermajor, told Reuters in an interview.

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Post Oak Energy Capital closes Fund V with investments in Permian Basin

Permian Basin Oil and Gas Magazine

The fund partners with experienced management teams to provide equity capital for growth, development, acquisitions and recapitalizations. Fund V has made commitments to five portfolio companies with capital deployed across the Permian, Haynesville and Utica basins.

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Permian oil producers face higher costs with new saltwater rules

Oil & Gas 360º

(Oil Price) – As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal wells could raise the costs for operators, especially smaller producers with limited resources.

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ConocoPhillips deal marks investment firm’s continued push into Texas’ Midland basin

Oil & Gas 360º

This purchase strengthens the firms growing position in the core of the Midland basin, widely regarded as one of the most prolific energy-producing regions in the United States. The acquisition was made through the Maroon Bells Fund, one of Rising Phoenix Capitals actively managed mineral portfolios.

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