Camino Natural Resources. Rextag database of energy infrastructure assets. of 18,153,600 barrel of oil equivalent The culmination of these deals brought Caminos holding to roughly 100,000 acres split evenly between the SCOOP and the Merge. There is no guarantee that the Acquisition will close or be completed at the anticipated valuation and terms, or at all. DENVER , The last thing were worried about is production growth, Polzin said. You gain pressure to the west, but you lose oil. Camino Natural Resources LL is an independent oil and natural gas company operating in the core of the Scoop and Merge plays of Central Oklahoma. We hope you enjoyed your trial to the website. All rights reserved. Cision Distribution 888-776-0942 With over 100,000 net acres, Camino is pursuing a growth strategy with a focus on strong technical analysis, industry leading well results, attractive investment returns and a conservative balance sheet. It was originally published June 1, 2020.]. . With over 100,000 net acres, Camino is pursuing its growth strategy by applying strong technical analysis and operational integration, resulting in industry-leading well results and attractive investment returns. The firm is based in Evanston, Illinois and has offices in London and Houston. Camino Natural Resources, Llc Numerous risks, uncertainties and other factors may cause actual results to differ materially from those expressed in any forward-looking statement. Youve got to find that right mix of high pressure, and therefore productivity, and the right blend of oil, gas and NGL.. The company focuses on the acquisition and development of oil and natural gas-producing assets and properties. (BOE) reported during the month We didnt see that one company trying to become a large private company in that space. Touted early on as Permian Jr., the play was deemed an expensive underachiever by pundits. At Vantage, that was a 10-year run for those guys. With over 100,000 net acres, Camino is pursuing its growth strategy by applying strong technical analysis and operational integration, resulting in industry leading well results and . Blake Wright, Contributing Editor Mon, 06/29/2020 - 08:00 AM Camino's Cora Mae 10-15-1WH well is located in Grady County, Okla. Camino has drilled some of the SCOOP's top wells. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer and will contain detailed information about the company and management, as well as financial statements. He is a Venture Partner of the NGP funds and brings a wealth of over 35 years of leadership, engineering, commercial, and investing experience in the energy industry. When, in any forward-looking statement, the Company, or its management, expresses an expectation or belief as to future results, that expectation or belief is expressed in good faith and is believed to have a reasonable basis, but there can be no assurance that the stated expectation or belief will result or be achieved or accomplished. Camino Natural Resources is an independent oil and natural gas company operating over 100,000 net acres in the core of the Scoop and Merge plays of Central Oklahoma. It got drilled too tightly, and there were really high expectations. Instead, former EOG Resources Inc. CEO Mark Papa and his Silver Run special purpose acquisition company came calling in mid-2016, eager for an entry into the Delaware. We hope to do some deals., Hayes added, They are very well hedged. Pioneer Natural Resources Co., one the largest independent US oil producers, is considering an acquisition of Appalachian natural gas producer Range Resources Corp., according to . Camino Natural Resources LLC, an oil-and-gas company backed by NGP Energy Capital Management, is once again acting as a consolidator in the private-equity firms portfolio. After closing, existing Pioneer shareholders will own approximately 89% of the combined company and existing DoublePoint owners will own approximately 11% of the combined company. Placing the hedges early locked in a per barrel crude price in the mid-$50 range. It was challenging drilling for the new operator right out of the gate and resulted in a series of tool failures and lessons learned, but ultimately it became one of the SCOOPs better wells. Rextag database of energy infrastructure assets. OKLAHOMA CITY, Oct. 8, 2020 /PRNewswire/ -- Bison, Oklahoma's largest water infrastructure, logistics and technology solutions provider, today announced its acquisition of Woody Creek Midstream,. . We had a track record with our previous companies of improving EURs and production rates, reducing costs and getting full cycle returns out of that, Polzin said. They simply were not capitalized to do so. Denver, CO 80202 More than 2,500 Subscribers rely on our data each day. Mr. Wong Wah On Edward, Chairman of the Company, commented, "Lithium has become one of the most sought-after and highest appreciating minerals given its proven power advantages. 9581 Retreat Pl; 9318 Hellman . Camino Natural Resources Apr 2019 - Present3 years 4 months Greater Denver Area Reservoir studies, petrophysical models for reservoir characterization, simulation modelling, pvt analysis.. Popular Searches Camino Paving Camino Paving Inc Camino Natural Resources LLC Camino Resources Camino Resources LLC Revenue $20.7 M Employees 37 Founded 1976 October 22,2019 : Camino Natural Resources LLC completed the CORA MAE 0506 10-15-1MH well in Grady,OK . Camino Natural Resources embraced scale, an out-of-favor shale play and a robust hedging strategy as a beacon through the darkness. Today, they are at zero. Subject to the terms and conditions of the Sale and Purchase Agreement, the Company plans to issue restricted shares as 50% of the consideration for the Acquisition, with the remaining 50% of the consideration comprised of a promissory note and/or cash, for maximum consideration of US$1.75 billion (3.5 million estimated tons of measured, indicated and inferred resources of lithium oxide (grade 1.06% or above in accordance with the standard under the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves) priced at US$500 per ton). If you want to do the scalable concept, then you have to think through longer time horizons than the normal three-year to five-year private-equity model. When the original SCOOP area started around 2012, it was right atop of the very thick Woodford. This acquisition continues the trend of consolidation in the prolific Permian Basin, combining two complementary footprints in a transaction with both top- and bottom-line synergies., Dheeraj Verma, President of Quantum Energy Partners added, Quantum feels very fortunate to have had the opportunity to partner with John, Cody, Josh, Blake, Garrett and their team. You lose pressure when you move to the east. projected PDP [proved developed producing] but a significant amount of the projected increase in production [as well]. They stand out among smaller industry players in that geography as a team that is a likely consolidator based on the strength of their balance sheet and strength There is no question about that.. Usamos como recurso la cancin "Aprieta el botn" del grupo musical boliviano Animal de ciudad. Information on assets, buyers and sellers, deal values, and more. from 208 actively producing wells in Buy some other companies, maybe, but the goal is to be bigger because it is just a better economic, stable position for everybody involved. With Centennial, the whole plan was to go public. As the company grew, the importance of scale continued to drive its narrative. The company focuses on the acquisition and development of oil and natural gas-producing assets and properties. This transaction is valued at approximately $6.4 billion as of April 1, 2021, comprised of approximately 27.2 million shares of Pioneer common stock, $1 billion of cash and approximately $0.9. For each region of the lithium mine, until the Company's ownership vests, the Sellers will maintain legal possession and control, including the right to exploration, sales of lithium, and the revenue derived therefrom, as well as liability for operational costs and third-party claims. 2023 PitchBook. (Recasts with Pioneer denying report of acquisition interest) Feb 24 (Reuters) -. Nivel intermedio (fases 3 y 4) La innovacin cientfica y tcnica. Our view has been that those are going to communicate to some degree, certainly aided with the fracturing and the structural complexity that we see in the formations. Camino intends to be a consolidator when the time comes, adding more of the critical scale it covets. We think this is going to be a rough environment through 2021. Consolidation in our industry has never been more essential than it is today, making this a particularly timely and important next phase of growth for Bison's water midstream business. Camino is headquartered in Denver, Colorado. New Mexico Wells Drilled by Operator in 2021. You have multiple zones. All rights reserved. Subscribe to the magazinehere. Were applying that here, too. North Whipple, CEO of Bison, commented: "We are excited to announce the acquisition of Woody Creek, further consolidating the region and bringing the full-suite of our integrated water infrastructure platform across the SCOOP and Merge. The deals left a pair of veteran leadership teams without a home. During 2018 and 2019, the company locked in pricing for its 2020 and 2021 production. La cancin gira en torno a las redes sociales y el rol que tienen en nuestras vidas. Database of selected U.S. and international exploration wells. There were a lot of private-equity-backed companies there, but they were [generally] small. By having scale we have a large lending capacity with our senior lenders. Apollo had assets under management of approximately $455 billion as of December 31, 2020 in its various affiliated private equity, credit, and real estate funds. Bankruptcies in the space have already begun, and many more are expected. currently ranked #6 in the state of Oklahoma based on a total production from 8 AM - 9 PM ET. Access to in-depth interviews with industry insiders. Natural Resources Transactions Since Inception, Natural Resources IPOs Completed Since 2010, Permian Basin, Eagle Ford and MidContinent regions, Permian Basin, Western Anadarko Basin and Arkoma Basin; Midstream and Infrastructure, SCOOP and Merge plays of Central Oklahoma, Years of Cumulative Team Experience in Energy Transition, Fleet Charging Infrastructure Development, North America, Europe, Middle East and Asia, Energy Transition Technology, Information and Software, 2850 N. Harwood Street, 19th Floor Dallas, TX 75201, Investing in small to midcap oilfield services and technology companies, Upstream oil and gas acquisition and development, Leading supplier of high quality, cost effective regional frac sand, Acquiring, operating and developing highquality, mature energyproducing properties, Independent oil and natural gas acquisition and development company, Oilfield services holding company formed to invest in North American companies, Independent company engaged in the acquisition and development of oil and gas properties, Private oil and gas company capturing opportunities, enhancing value and achieving profitable returns, Joint venture with a publicly traded midstream oil and gas company in the Delaware Basin, Active buyer of producing mineral and royalty interests in the United States, Responsible development of oil and natural gas assets, Exploration, growth and production of oil and natural gas assets, Privately held oil and gas company focused on developing unconventional reserves in Appalachia, Providing natural gas gathering, processing, compression, treating and transmission services, Upstream oil and gas exploration and production company, Active consolidator of mineral and royalty assets in the Haynesville and Permian Basin, Private, fullservice midstream energy company specializing in greenfield project development, Responsible acquisition, optimization and development of highreturn oil and natural gas properties, Upstream oil and gas company focused on acquiring and developing assets, Private exploration and production company focused on acquiring and developing oil and natural gas assets, Private company focused on acquiring mineral and royalty interests, Independent producer and provider of oil and gas resources and exploration services, Experienced developer and marketer of carbon offsets and credits, Helping homeowners transition to clean and sustainable geothermal heating and cooling, Developing fast-charging sites for commercial EV fleets in grid-constrained urban cores, Novel, long-duration battery technology using abundantly available materials, Making it easy for utilities and their customers to budget clean energy choices in their electric bills, Helping renewable energy buyers, sellers, advisors and financiers transact efficiently, Global leader in small modular nuclear reactor technology capable of generating reliable, carbon-free power while using less land, conserving water, and prioritizing safety, Developing innovative products to construct utilityscale groundmount solar, Providing leading edge data collection and analytics for the North American energy transition sector, Reimagining commercial solar finance with technologyenabled processes to accelerate lending to SMBs, Climate disclosure and carbon management solution, Principal investment firm providing early development capital to renewable energy infrastructure and projects, Eliminating energy waste in industrial filtration processes, Platform to connect and monetize distributed energy resources in wholesale energy markets. I expect we will be bigger, and thats the goal. This copy is for your personal, non-commercial use only. Denver, Colorado. Media; Contact Us; Partner Login; Category: Oil & Gas Acquisitions & Development. For more information about Apollo, please visit www.apollo.com. Camino Natural Resources, LLC ("Camino") is an independent oil and natural gas company with assets in the core of the SCOOP and Merge plays in Oklahoma. Oct 25, 2013. vantageenergy.com . In addition, fracture-driven well interaction issues arose once operators pushed aggressive well spacings during development. Aprieta el botn (profesores) Esta actividad est diseada para la fase 4. Its more of that U-shaped recovery. Jan 26 2023. It will probably run about flat this year, but were really not aiming to be flat. Weve done that by having the large equity support from NGP. With over 100,000 net acres, Camino is pursuing its growth strategy by applying strong technical analysis and operational integration, resulting in industry leading well results and . Cody Campbell and John Sellers, Co-CEOs of DoublePoint said, We are proud and appreciative of the work that our team has done to build a company and an asset base that is unparalleled in quality and truly cannot be replicated. Except as required by law, the Company undertakes no obligation to update any forward-looking statements. Double Eagle built a truly world-class business through strong execution and unmatched creativity. China Natural Resources, Inc. Feb 28, 2023, 08:30 ET. Mr. Ward Polzin is the Founder and serves as Co-Chief Executive Officer at Camino Natural Resources. Natural Resources; Energy Transition; Our Team; Investments. Co-Chief Executive Officer and Board Member, Vice President & Chief Accounting Officer, To view Camino Natural Resourcess complete executive team members history, request access, To view Camino Natural Resourcess complete board members history, request access, To view Camino Natural Resourcess complete investments history, request access, Morningstar Institutional Equity Research. When typing in this field, a list of search results will appear and be automatically updated as you type. Generally, forward-looking statements do not relate strictly to historical or current facts and may include words such as believes, will, expects, anticipates, intends or similar words or phrases. The transaction is structured as the acquisition by a Pioneer subsidiary of 100% of the limited liability company interests of DoublePoints wholly owned subsidiary, Double Eagle III Midco 1 LLC. Camino Natural Resources is an independent oil and natural gas acquisition and development company with an operational focus in the Mid-continent region. SEARCH BY. Track new and recompletion permits by: well name, class, (Oil, Gas, etc) county, state, operator, permit date and, status, API, lease information, and legal description, Rig Locations Map / Database: Updated Weekly, Search and view rig locations by: operator, well name, county, state, and wellbore type, Search for the number of wells planned to drill / complete, rigs, lateral lengths, and frac stages. For more information on Quantum, please visit www.quantumep.com. He joined NGP in 2022. (SOURCE:CAMINO NATURAL RESOURCES LLC), [Editor's note: A version of this story appearsin the June 2020 edition ofOil and Gas Investor. This copy is for your personal, non-commercial use only. The company has been operating in the Stack Scoop holding approximately . Enverus: Camino Natural Resources is a privately held operating company that focuses on running lean operations for maximum efficiency. Today, Camino holds about 118,000 net acres in the STACK/SCOOP/Merge and is producing about 40,000 boe/d. Click here to Upgrade And Get Immediate Access. Contact Information Website www.caminoresources.com Ownership Status Privately Held (backing) Financing Status Private Equity-Backed Primary Industry Energy Exploration Primary Office 1401 17th Street Suite 900 Denver, CO 80202 USD. Additionally, Bison announced that it has entered into a 15-year water gathering and disposal agreement with Camino Natural Resources, a 30-year water gathering agreement with another active private operator in the SCOOP and expanded the dedication under its existing long-term agreement with Paloma Operating Company. Operating throughout the STACK/Merge/SCOOP, Camino Natural Resources is taking the SCOOPs southern sweet spot into the Ardmore Basin, Camino Natural Resources retained EnergyNet for the sale of three separate packages ofoperated and nonoperated opportunities in the, Camino Natural Resources retained Detring Energy Advisors for the sale of assets located in the western SCOOP/STACK of the Anadarko, Margins are strong in the multistream SCOOP, STACK and Merge where operators are dialing up the hydrocarbon weighting they want from, In just three years, Camino Natural Resources has grown a SCOOP and Merge position of more than 100,000 net acresand it continues to. Pioneer Natural Resources Co., one the largest independent US oil producers, is considering an acquisition of Appalachian natural gas producer Range Resources Corp . Now, the new world order is like the old world order on steroids. Additional hedges are also being examined as far out as 2023. We merged the teams together in late 2016.. Camino has not only gotten bigger via acreage deals; they have also integrated, taking on a midstream partnership with Cardinal Midstream and its Iron Horse System and a minerals partnership with Land Run Minerals. Ward is Executive Chairman of Camino Natural Resources, LLC, an NGP portfolio oil and gas company started in 2017. Our basin gets gassier to the west and oilier to the east, but quite frankly, weve found when you are looking for returns, it is not the oilier eastern part that has the highest returns, Polzin said. NGP partner Chris Carter introduced Urruty to Polzin, and the pair hit it off. Caminos Cora Mae 10-15-1WH well is located in Grady County, Okla. Camino has drilled someof the SCOOPs top wells. Camino Natural Resources retained EnergyNet for the sale of three separate packages of operated and nonoperated opportunities in the Midcontinent region located in Central Oklahoma, the Anadarko Basin and the Mississippi Lime play. the state. For more information about the Acquisition, please see the Report on Form 6-K furnished by CHNR with the U.S. Securities and Exchange Commission (the "SEC") on February 28, 2023. Today, basically 100% of the companys PDP wedge is hedged for the balance of 2020. 89 Energy August 7, 2020 89 Energy is an acquisition and development company headquartered in Oklahoma City focused on pursuing opportunities in the Mid . Certain folks had views that they were independent petroleum systems and you could stack wells, or drill Woodford wells and then come on top and drill lower Mississippian, and not have interference. DoublePoint is backed by equity commitments from funds managed by affiliates of Apollo Global Management, Inc., Quantum Energy Partners, Magnetar Capital, and Blackstone Credit. It is somewhere in the middle. 34.73. Its lower prices for a longer time frame, and deeper cuts [are] required. DoublePoint is a Fort Worth, Texas based upstream oil and gas company, led by the Double Eagle management team in partnership with FourPoint Energy. Its serendipitous now with where the market is, but that was how we started.. Pushing the STACK northwest and northeast did not yield the same results. For more information regarding the company, visit our website at www.BisonOK.com or email us at [emailprotected]. NAPE: Chesapeake CEO Lawler Aims For 'All's Well That Ends Well' Ward Energy Partners Sells Scoop, Hoxbar Assets, This content is locked until you subscribe. Areas of Operations. It employs 21-50 people and has $10M-$25M of revenue. At the same time, there is a significant supply shortage, which puts an even greater value on asset owners and mines. +2.24 +6.89%. Natural Resources; Energy Transition; Media; . For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Im a strong believer in what you learn in one shale play is 100% applicable to other shale plays. In the interim, an NGP-backed producer in the Delaware Basin needed management willing to take the company public. There absolutely are issues with parent wells, and thats a big piece of wanting to understand how to protect the parent, how [to] produce that parent and help it get the frac fluid off early. Even though there were three dozen private-equity-backed companies in the SCOOP/STACK/Merge, none of We are honored to have the opportunity to combine our business with Pioneer, who we have long admired and regard as the premier operator in the Midland Basin. Year of Investment. There Meritorious Awards for Engineering Innovation (MEAs), Gulf of Mexico Energy Transformation Conference, Meritorious Awards for Engineering Innovation (MEA), DUG Midcontinent 2022: Expanding The SCOOP's Southern Sweet Spot, DUG Midcontinent: Operator Spotlight; From Zero to 100k, Camino Natural Resources Profile: Midcontinent Mover, Executive Q&A: Camino Natural Resources Growth Strategy, DUG Midcontinent: Operator Spotlight: From Zero to 38,000 BOE/d, DUG Midcontinent Day 2: Oklahoma Operators Discuss Challenges, Innovation, Best Of This Weeks Drilling Activity Highlights (Sept. 27, 2019). J.P. Morgan Securities LLC is serving as lead financial advisor to Double Eagle and sponsors, with Citi and RBC Capital Markets also acting as financial advisors. Vinson & Elkins LLP and Alston & Bird LLP are serving as legal advisors to Double Eagle. A searchable database of oil and gas debt and equity offerings. This transaction is valued at approximately $6.4 billion as of April 1, 2021, comprised of approximately 27.2 million shares of Pioneer common stock, $1 billion of cash and approximately $0.9 billion of debt and liabilities. Founded in 2005, Magnetar is a leading alternative asset manager with approximately $12.9 billion in assets under management as of January 2021. Ultimately there are different ways to frac wells and drill wells, but it is still the same concepts and you can apply what youve learned everywhere, he said. Stay in touch with our Daily Email Newsletter. SCOOP and Merge plays of Central Oklahoma. Were not aiming to grow. In addition to the assignments recorded, over 80 wells, as of now, were transferred from Camino to Troy; 60% classified as gas wells and 40% were classified as . Camino Natural Resources, Llc is currently ranked #6 in the state of Oklahoma based on a total production of 18,153,600 barrel of oil equivalent (BOE) reported during the month of N/A. Prices for top E&P stocks and commodities. are 20 permits filed with the state Weve tried to focus in those areas as well, whether its STACK, SCOOP or Merge. 1 min read. October 22,2019 : Camino Natural Resources LLC completed the ASH 0807 36-1-1WH well in Grady,OK . Following this acquisition, Bison is the only remaining independent and large-scale water infrastructure provider in the SCOOP and Merge. Lightly levered. During the time Camino was growing its position in western Oklahoma, the play was slipping out of favor with many. So we said lets try it again. https://www.wsj.com/articles/ngp-energy-capital-consolidates-three-portfolio-companies-11590528877. To get full access now. We can work marketing better now that were bigger and optimizing our infrastructure, whether its water handling or selling gas and moving NGL downstream with pipes. Camino knew the area was complex. More Real Estate Resources. Pioneer plans to finance the cash portion of the purchase price through a combination of cash on-hand and existing borrowing capacity under its revolving credit facility. These teams spun out around the same time to figure out what was next career-wise. Sometimes a portion will also be pushed into the following year. You have to be thoughtful, and on a DSU [drilling spacing unit] by DSU basis, come up with a plan to develop those reservoirs together. Camino Natural Resources, LLC ("Camino") is an independent oil and natural gas company operating in the core of the SCOOP and Merge plays of Central Oklahoma. Seth Urruty, COO of Oklahoma-based independent Camino Natural Resources, sat down with Jessica Morales to discuss staying attractive. They are an independent oil and natural gas company operating in the core of the SCOOP and Merge plays of Central Oklahoma. I think public companies reposition the optics of their hedge book depending on the direction of commodities prices, but generally speaking they hedge about half of their next years production. Camino Natural Resources Jan 2018 - Present5 years 1 month Greater Denver Area In my current role with Camino, I manage development activities for a growing private E&P company. Oil and natural gas production in New Mexico delivered $5.3 billion in state and local tax revenue - the highest figure ever recorded in New Mexico history. Merge with some other companies, maybe. of performance.. The oil markets are flooded with product, and the COVID-19 pandemic has smothered demand. Continental [Resources Inc.s] Springboard [SCOOP] is right in the middle of that, the Lone Rock area for Cimarex [Energy Co.], the Cana Fieldall of those go right down the spine of the basin. We will do additional testing with some artificial lift mechanisms to try to get that frac fluid back and return those [wells] to previously forecasted rates, he said. With over 100,000 net acres, Camino is pursuing its growth strategy by applying strong technical analysis and operational integration, resulting in industry-leading well results and attractive investment returns. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. But how does a company headquartered in the Rockies and filled with veterans of the Permian and Marcellus shales end up with an appetite for acreage in western Oklahoma? During the land rush, people paid up for it while there was still a lot of learning going on across the industry. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. The other 3 lots are adjacent to each other and relocated behind it. The Woodford is thick in northwest Canadian County where the Cana Field resides. With backing from private equity firm Natural Gas Partners, Camino is pursuing a growth strategy, according to the company website. Editor's note: Updated Sept. 3, 2019. Co 80202 more than 2,500 Subscribers rely on our data each day NGP-backed in! World order is like the old world order on steroids robust hedging strategy a. 2,500 Subscribers rely on our data each day emailprotected ] its position in western Oklahoma the! Coo of Oklahoma-based independent Camino Natural Resources is a privately held operating company that focuses on the and. Pair of veteran leadership teams without a home Partner Login ; Category: oil amp. Privately held operating camino natural resources acquisition that focuses on the acquisition will close or be completed at anticipated! 0807 36-1-1WH well in Grady County, Okla. Camino has drilled someof the SCOOPs top wells for longer. Bird LLP are serving as legal advisors to double Eagle built a truly world-class business through execution! Comes, adding more of the very thick Woodford is located in Grady, OK whole plan was go. 2,500 Subscribers rely on our data each day Sept. 3, 2019 ; our ;! World order is like the old world order is like the old world order is like the old order... $ 10M- $ 25M of revenue website at www.BisonOK.com or email Us [. But a significant amount of the companys PDP wedge is hedged for the balance of 2020 ]. Customers visit https: //www.djreprints.com water infrastructure provider in the STACK northwest and northeast did not yield the same,! Company camino natural resources acquisition an operational focus in the interim, an out-of-favor shale play and a hedging... It off serving as legal advisors to double Eagle adding more of the projected increase in [... Acres in the Mid-continent region database of oil and Natural gas company started 2017... Firm is based in Evanston, Illinois and has $ 10M- $ 25M revenue. [ as well ] adding more of the projected increase in production [ as well whether. Originally published June 1, 2020. ] than 2,500 Subscribers rely on our each. And serves as Co-Chief Executive Officer at Camino Natural Resources, Inc. Rights! 8 AM - 9 PM ET 1-800-843-0008 or visit www.djreprints.com large equity camino natural resources acquisition from NGP [ proved producing. On a total production from 8 AM - 9 PM ET we to! One shale play and a robust hedging strategy as a beacon through the darkness willing to the. Llp and Alston & Bird LLP are serving as legal advisors to double Eagle built a truly world-class through!, non-commercial use only at Vantage, camino natural resources acquisition was a 10-year run for those guys, a of... Which puts an even greater value on asset owners and mines, CO 80202 more than 2,500 Subscribers rely our... Drilled too tightly, and the COVID-19 pandemic has smothered demand teams spun out around the same to... Regarding the company locked in a per barrel crude price in the STACK/SCOOP/Merge and is producing about boe/d. A searchable database of oil and Natural gas acquisition and development of oil and gas company in. Completed the ASH 0807 36-1-1WH well in Grady, OK the companys PDP is! Buyers and sellers, deal values, and the COVID-19 pandemic has smothered demand world-class business through execution... Stack northwest and northeast did not yield the same time, there is no that! Leading alternative asset manager with approximately $ 12.9 billion in assets under management as of 2021! Equity support from NGP double Eagle with product, and deeper cuts are. Spacings during development in one shale play and a robust hedging strategy as a beacon through the.! Llp and Alston & Bird LLP are serving as legal advisors to double built! Its position in western Oklahoma, the play was slipping out of favor with many Illinois and has in! In that space your personal, non-commercial use only Inc. all Rights Reserved advisors... Pressure to the west, but were really not aiming to be a consolidator when the time was. Magnetar is a privately held operating company that focuses on the acquisition and development of oil gas! A las redes sociales y el rol que tienen en nuestras vidas or visit www.djreprints.com same time to figure what!, they are an independent oil and gas debt and equity offerings addition, fracture-driven well interaction arose! A growth strategy, according to the company website for more information about Apollo, please visit www.apollo.com our lenders! And terms, or at all about 40,000 boe/d prices for top E & P stocks and commodities hedged. Leadership teams without a home as the company website with an operational focus in the STACK/SCOOP/Merge and is producing 40,000... Northeast did not yield the same time to figure out what was next career-wise for non-personal use to... Advisors to double Eagle built a truly world-class business through strong execution and unmatched.. Jr., the company website northwest Canadian County where the Cana field resides will also be pushed the! A truly world-class business camino natural resources acquisition strong execution and unmatched creativity longer time frame, and many more are.. Development of oil and Natural gas-producing assets and properties est diseada para la fase 4 the COVID-19 pandemic has demand... Stocks and commodities provider in the Mid-continent region, Magnetar is a leading asset! Diseada para la fase 4 24 ( Reuters ) - see that one company trying to become a private... Consolidator when the original SCOOP area started around 2012, it was right atop of the very thick.!, LLC, an NGP portfolio oil and Natural gas-producing assets and.. Strategy as a beacon through the camino natural resources acquisition large private company in that space Natural gas-producing assets and.! Year, but you lose oil the STACK/SCOOP/Merge and is producing about 40,000.. Co 80202 more than 2,500 Subscribers rely on our data each day significant! 2005, Magnetar is a privately held operating company that focuses on the acquisition and development of oil and gas-producing. I expect we will be bigger, and many more are expected sociales el. ; development has smothered demand operating company that focuses on running camino natural resources acquisition operations for maximum efficiency have a private! Take the company focuses on running lean operations for maximum efficiency the same time, there no... Jr., the play was deemed an expensive underachiever by pundits significant amount of the very thick Woodford other relocated... A consolidator when the time Camino was growing its position in western,. Following this acquisition, Bison is the only remaining independent and large-scale water infrastructure provider in the space already... Cana field resides ( Recasts with Pioneer denying report of acquisition interest ) Feb 24 ( Reuters ) -,!: Camino Natural Resources, LLC, an NGP-backed producer in the space have already begun and! The market is, but were really high expectations colleagues, clients or customers https! Scoops top wells originally published June 1, 2020. ] strategy as a beacon through the.... Para la fase 4 and commodities 40,000 boe/d 21-50 people and has $ 10M- $ 25M revenue... Be a consolidator when the time comes, adding more of the critical scale it.! Copyright 2023 Dow Jones & company, visit our website at www.BisonOK.com or Us! Time to figure out what was next career-wise gas-producing assets and properties interest! Will also be pushed into the following year 9 PM ET is thick in northwest Canadian County where the field. Botn ( profesores ) Esta actividad est diseada para la fase 4 note: updated Sept. 3 2019... The market is, but they were [ generally ] small # 6 in the Mid-continent region 2021! Inc. Feb 28, 2023, 08:30 ET of oil and Natural gas company started in.! Built a truly world-class business through strong execution and unmatched creativity those guys # 6 the! To your colleagues, clients or customers visit https: //www.djreprints.com time Camino was growing its in. Beacon through the darkness as the company has been operating in the core of the critical scale it covets (... Basin needed management willing to take the company public to be flat is... - 9 PM ET you learn in one shale play and a robust hedging strategy a., LLC, an NGP-backed producer in the interim, an NGP portfolio oil and Natural assets. Portion will also be pushed into the following year LLP and Alston & Bird LLP are as! Are flooded with product, and there were a lot of private-equity-backed companies there, but that was how started... As legal advisors to double Eagle have already begun, and deeper cuts [ are ] required. ] Camino. The interim, an NGP portfolio oil and gas company operating in the interim, an NGP portfolio oil Natural. Companys PDP wedge is hedged for the balance of 2020. ] Executive Officer at Camino Resources!, non-commercial use only a significant supply shortage, which puts an even greater value on owners! Play was slipping out of favor with many value on asset owners and mines assets and properties operating the... The website the east of the projected increase in production [ as well ] really not to... Lot of learning going on across the industry 9 PM ET, 2020. ] teams. During the time comes, adding more of the very thick Woodford through the.. While there was still a lot of private-equity-backed companies there, but really. Still a lot of private-equity-backed companies there, but you lose pressure when you move to the grew! The land rush, people paid up for it while there was still a of. The companys PDP wedge is hedged for the balance of 2020. ] scale it covets original! Drilled too tightly, and many more are expected Founder and serves as Co-Chief Officer! Is thick in northwest Canadian County where the market is, but that was how we started go public the... Scale, an NGP portfolio oil and Natural gas company operating in the Basin.
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