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Top 5 Strategic Priorities for Permian Resources in 2025

Oil Gas Leads

This bolt-on isn’t just about expanding land—it’s about unlocking 100+ gross operated two-mile locations with shallow declines and $30/bbl breakevens. The company sold midstream assets in Reeves County to Kinetik Holdings for $180 million, freeing up capital and sharpening its focus on core E&P operations.

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Upstream M&A sails to $17 billion in 1Q25

Enverus

The private equity sponsored E&P was able to garner such a large premium for its land because high consolidation over the last few years has left few attractive private companies for the public E&Ps to target. Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV.

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Prairie Operating Co. secures strong cash flow with strategic hedging program ahead of market downturn

Oil & Gas 360º

bbl WTI and $4.28/MMBtu bbl WTI and $4.28/MMBtu bbl WTI and $4.09/MMBtu (Oil & Gas 360) 85% of the remaining 2025 daily production locked in at $68.27/bbl MMBtu Henry Hub HOUSTON, TX, April 10, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. Key Hedging Terms: Remaining 2025 Production: $68.27/bbl

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Irán, el efecto Hormuz y Pemex

Oil & Gas Magazine

El documento concluye que un cierre de Hormuz sería uno de los mayores shocks petroleros del siglo, con consecuencias globales e implicaciones estratégicas para países productores como México. Países del Golfo como Arabia Saudita, Irak, Emiratos Árabes, Kuwait, Qatar e Irán envían su crudo por Hormuz.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

Financial Summary The combined company’s production forecast at closing is 370,000 boe/d (63% liquids) and based on commodity prices of US$70 /bbl WTI and C$2.00 /GJ AECO, the forecast annualized funds flow is $3.8 After annual capital investments of $2.6 billion 4 , free funds flow is forecast at $1.2 billion 1.

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Austin Chalk Makes a Comeback: EOG, SM, Magnolia Lead South Texas' Next Gas Boom

Rextag

Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). That total included: 26,200 bbl /d of crude 22,100 bbl /d of NGLs 140 MMcf /d of gas The Chalk is the backbone of Magnolias portfolio, comprising 93% of its total operated gas volumes and 80% of liquids production last year.

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Zephyr Energy announces initial results from State 36-2R well evaluation Williston Project and Zephyr Hawk update

Oil & Gas 360º

The Company hedged a total of 18,000 barrels of oil (“bbls”) in Q1. These were hedged at a weighted average price of priceUS$68.68per barrel of oil (“bbl”). Net working interests across the Zephyr portfolio now average 7% per well (equivalent to 16.0 net wells).

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