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His earlier experience includes field operations, engineering, and human resources across North America, South Asia, and the Middle East. Gatti served on the Board of Helix Energy Solutions Group, Inc. from 2018-2024. www.imacorp.com Petrie Partners Petrie Partners, LLC is a boutique investment banking firm dedicated to the energy industry.
It also got an approval from the Iraqi government to start the development of two oil fields in the north. and its prolific assets in Guyana, and it just started a major expansion at the Tengiz field in Kazakhstan that will add 260,000 bpd to the mammoth fields production. BP is very much back. By Irina Slav for Oilprice.com
Financing Overview Consideration for the transactions totals $105 million comprised of the following (and as described more fully in Flotek’s April 28, 2025 Form 8-K filing with the Securities and Exchange Commission): $17.6 million funded by offsetting $17.6 ProFrac Holding Corp. SOURCE Flotek Industries, Inc.
This transaction positions Viper to compete for capital with mid and large cap North American E&Ps; except with higher margins, minimal operating costs, and the lowest dividend breakeven in the space. The Diamondback drillbit remains Vipers biggest competitive advantage and the most visible source of long-term production growth at Viper.
Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders.
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. Fine-tuning and controllability for domain-specific agents.
Direct investments in crude oil and natural gas generally involve purchasing interests in exploration and production (E&P) companies, owning working interests in oil and gas wells, or investing in partnerships that develop and operate oil fields.
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