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NYSE:STR) (Sitio) today announced that they have entered into a definitive agreement under which Viper will acquire Sitio in an all-equity transaction valued at approximately $4.1 (NASDAQ:VNOM) (Viper or the Company), a subsidiary of Diamondback Energy, Inc. NASDAQ:FANG) (Diamondback), and Sitio Royalties Corp. billion as of March 31, 2025.
In Summit , the court concluded that the regulatory term “adjacent” is unambiguous and implies only physical proximity, citing the dictionary definition of “adjacent,” the term’s etymological history, and caselaw. See Memorandum from Gina McCarthy, Assistant Administrator, EPA, to Regional Administrators I-X (Sept. See Summit Petroleum Corp.
Amplify intends to provide an update on the state of its business, including capital allocation and free cash flow outlook in the current macroeconomic environment, when it announces first quarter earnings.
EOG ) today announced a definitive agreement with Canada Pension Plan Investment Board (CPP) and Encino Energy under which EOG will acquire Encino Acquisition Partners (EAP or Encino) for $5.6 Register to attend. HOUSTON, May 30, 2025 /PRNewswire/ EOG Resources, Inc. ( billion, inclusive of EAPs net debt.
Contingent resources, by definition, are not classified as reserves due to several conditions including but not limited to the uncertainties of future commodity prices and well recoveries/performance of the appraisal program, which must be resolved to ensure commerciality.
The SNPR presents new data on ballast water management systems and solicits public comments on the standards and definitions applicable to ballast tanks, hulls and associated niche areas, and graywater systems. Communications include firm news, insights, and events.
Interests in Certain Prospects and Leads located in PEL 73, Kavango Basin, Namibia as of March 31, 2024 ” (the “NSAI Report”) and the prospective resource estimates contained therein and in this press release were prepared by NSAI, an independent qualified reserves evaluator, with an effective date of March 31, 2024.
By Robert E. One important change is how the new definition of “associated equipment” modifies the aggregation rule for Hazardous Air Pollutants (HAP), which in turn modifies the applicability of the “major source” definition for oilfield operations, in particular as it applies to oil and gas wells, tanks and glycol dehydrators. . §
(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).
The companies have entered into a definitive business combination agreement (the “Agreement”) to combine in an all-share transaction valued at approximately $15 billion , inclusive of net debt 1. Under the terms of the Agreement, Veren shareholders will receive 1.05 common shares of Whitecap for each Veren common share held.
The new definition of “oil and gas exploration and production” includes “construction activities,” which brings oil and gas construction activities within the CWA § 402(l)(2) exemption from NPDES permitting.
Also, the definition of what constitutes a mineral is changing, as suddenly lithium and other trace substances found in produced water are possibly becoming commodities. The advantage for minerals firms is that they have no investment in equipment or drilling costs, as do E&Ps. Thats a trend that I think will definitely continue.
Expanded Definition of Qualified Individual IRS Notice 2020-50 expands the CARES Act definition of a qualified individual who is eligible for CRDs, loans, and loan payment suspension. For more information on these CARES Act topics see our prior newsletter here. Communications include firm news, insights, and events.
Anadarko E&P Onshore, LLC , 520 S.W.3d ” During oral argument, Myers’ counsel Byron Keeling emphasized that numerous scholarly articles and treatises have cited these cases as definitively establishing that Texas surface owners own subsurface storage rights. That’s the very definition of sale.”
Gen AI is everywhereâexcept in company P&L About QuantumBlack, AI by McKinsey QuantumBlack, McKinseyâs AI arm, has been helping businesses create value from AI since 2009, expanding on McKinseyâs technology work over the past 30 years. The result: improved service levels, reduced logistics costs, and lower emissions.
19] Notably, crewboats ostensibly fall within this definition. Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry. Communications include firm news, insights, and events. 13] 46 U.S.C. 30505; Lewis v.
Second of all, it’s, it’s, there’s definitely a sense of optimism like we I’ve been here in 2020 I was here in 2009 after some of the big, dislocating market events in in previous years. So what’s your take? And this has a very different feel to it.
While the trend is lower, keep in mind that the fundamentals of supply and demand draw the charts, and the fundamental outlook is definitely a moving target in each coming week as the Trump Administration settles in further. These higher valuations should encourage public E&Ps to divest non-core positions.
Now, a price rout that has already prompted the E&P segment to issue warning after warning is putting the good run on an extended pause. Oil demand rebounded strongly, drillers drilled more, and even the climate-focused energy policies of the Biden administration could not ruin that.
And the industry is definitely not prepared to cut dividends after diligently working for a few years to boost shareholder returns and make U.S. At CERAWeek by S&P Global, Secretary Wright said the administration isnt targeting a specific price of oil, but it works to bring back common sense and pro-energy policies in America.
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