Remove Management Remove Operator Remove Probable Reserves
article thumbnail

EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%

Oil & Gas 360º

Specifically, the acquisition is accretive on an annualized basis to 2025 EBITDA by 10%, and cash flow from operations and free cash flow by 9%. Accretive financial metrics The transaction is immediately accretive to EOGs net asset value as well as all per-share financial metrics.

article thumbnail

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

Oil & Gas 360º

The combined company will be led by Whitecap’s existing management team under the Whitecap name with four Veren directors to join the Whitecap Board of Directors, including the current President & CEO of Veren, Craig Bryksa. Under the terms of the Agreement, Veren shareholders will receive 1.05

Energy 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

HELIOSTAR (HSTR – TSXv / HSTXF-OTC) AND MAKO MINING (MKO – TSXv)BOUGHT CHEAP AND SEE THEM NOW!

Oil and Gas Investments

So these two management teams bought their mines for SUPER CHEAP. The lack of capital has had a direct impact on reserves.Proven and probable reserves at major gold miners have been in decline for years. La Colorada has more (368koz of probable reserves), but any expansion will require more discoveries.

article thumbnail

BRAZIL POTASH GRO-NYSE THE MOST COMPELLING BUSINESS CASE IN GLOBAL RESOURCES

Oil and Gas Investments

A WORLD-CLASS MINE Brazil Potash expects Autazes to produce roughly 2.4Mt of potash (MOP) once operating at full capacity enough to satisfy 20% of Brazil’s needs. The proven economically recoverable reserves of the mine is 69 Mt of KCl at a grade of 28.9% There is another 122 Mt of probable reserves grading 27.5%.

Casing 52