camino natural resources acquisition
Rextag database of energy infrastructure assets. 80202-1247. He joined NGP in 2022. Camino Natural Resources has agreed to pay $2.1 million as part of a settlement resolving class action claims it failed to pay statutory interest on payments that were allegedly late, in violation of Oklahoma law. Camino Natural Resources embraced scale, an out-of-favor shale play and a robust hedging strategy as a beacon through the darkness. from 8 AM - 9 PM ET. The underlying Woodford Shale in western Oklahoma is shallow in the east and deep in the west. 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. 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,. Its lower prices for a longer time frame, and deeper cuts [are] required. At Vantage, that was a 10-year run for those guys. Well step into it more conservatively on an absolute spacing basis, he said. That could be a good place to be if oil goes to $80, but a bad place when it goes to $20. You had this land rush to grab lots of acreage across the basin, but it is not all created equal. Headquarters Address 1401 17th Street, Suite 900 Denver, CO 80202 United States Website Aprieta el botn (profesores) Esta actividad est diseada para la fase 4. The last thing were worried about is production growth, Polzin said. 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. Tue, 03/01/2022 - 11:40 AM. 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. 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. 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. October 22,2019 : Camino Natural Resources LLC completed the CORA MAE 0506 10-15-1MH well in Grady,OK . Drilling Activity ( I hope were out of it in 2022, but its a minimum of 18 months.. 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. are 20 permits filed with the state Caminos Cora Mae 10-15-1WH well is located in Grady County, Okla. Camino has drilled someof the SCOOPs top wells. DALLAS (PRWEB) February 13, 2018 Archeio Technologies (Archeio) announces that Camino Natural Resources, LLC (Camino), one of the largest privately held energy producers in Oklahoma, has selected its cloud-based oil & gas document management software. 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. The other 3 lots are adjacent to each other and relocated behind it. 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. Rock-wise, [the SCOOP/STACK/Merge] had a lot of productivity, Polzin, now CEO of Camino, explained. The bigger you are, historically its either a go public or a smaller buyer universe,Camino CFO Ryley Hegarty said. For Inquiries concerning division orders or revenue payments, please feel free to utilize our phone inquiry line, mailing address, email address, or online option below. 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. The oil markets are flooded with product, and the COVID-19 pandemic has smothered demand. Land / Acreage . Usamos como recurso la cancin "Aprieta el botn" del grupo musical boliviano Animal de ciudad. It just is what it is. Camino knew the area was complex. 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. You need to be prepared to run that thing for the long term. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those expressed in any forward-looking statement. The rumor mill kicked into overdrive on Friday when Bloomberg published an article saying Pioneer Natural Resources Co., one the largest independent oil producers in the U.S., is considering (negotiating for) an acquisition of Marcellus driller Range Resources Corp., according to "people familiar with the matter.". The industry has emerged from the days of the three-year flip to those of a lower-for-longer and living within cash flow approach. . [We found] the sweet spot runs southeast to northwest in our basin. At the same time, there is a significant supply shortage, which puts an even greater value on asset owners and mines. 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. Camino is headquartered in Denver, Colorado. 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. Based upon that IP30 rate, it is still one of the top three wells ever drilled in the SCOOP, Polzin said. When it became apparent that oil prices were heading for $50, the company moved down to a two-rig program to stay within cash flow. Camino intends to be a consolidator when the time comes, adding more of the critical scale it covets. The Well flowed 824 boe/d which consists of 339 Oil BOPD and 2.814 MMcf of gas on a 7,546 foot lateral . 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. As the company grew, the importance of scale continued to drive its narrative. One area where Camino has proved ahead of the game has been with its robust hedging strategy. 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. The transaction was unanimously approved by the Board of Directors of each company and is expected to close in the second quarter of 2021, subject to customary closing conditions and regulatory approvals. Camino Natural Resources embraced scale, an out-of-favor shale play and a robust hedging strategy as a beacon through the darkness. China Natural Resources, Inc. Feb 28, 2023, 08:30 ET. Get near real-time access to futures pricing, major energy stocks, and related articles and insights. Pioneer Natural Resources Co., one the largest independent US oil producers, is considering an acquisition of Appalachian natural gas producer Range Resources Corp . Actividades. Its oil production is 100% hedged for 2021. Among the risks and uncertainties that could cause the Company's actual results to differ from its forward-looking statements are: uncertainties regarding the governmental, economic and political circumstances in the PRC; the impact on the Company's financial position, growth potential and business from an investment in the natural resources sector generally and in the Zimbabwean lithium mine specifically; uncertainties related to the Company's ability to identify potential partners or acquisition targets as it considers strategic alternatives; uncertainties related to the Company's ability to settle in cash the consideration due in connection with this Acquisition; uncertainties associated with metal price volatility; uncertainties concerning the viability of mining and estimates of reserves at the Zimbabwean lithium mine; uncertainties associated with the issuance of and accuracy of the independent technical reports; uncertainties related to geopolitical events and conflicts, such as the conflict between Russia and Ukraine; uncertainties regarding the impact of the COVID-19 pandemic on domestic PRC and global economic conditions, demand for the mineral reserves that we may locate or extract, our workforce, whether due to illness or restrictions on movement, and on the price of our common shares; uncertainties related to possible future increases in operating expenses; the fluctuations of interest rates and foreign exchange rates; uncertainties related to the results of the next assessment by the Staff of the Nasdaq Listing Qualifications department of the Company's compliance with the Nasdaq Listing Rules; uncertainties related to the political situation between the PRC and the United States; uncertainties regarding the ability of the Public Company Accounting Oversight Board to continue to fully inspect auditors located in the PRC and Hong Kong, the implementation by the SEC of more stringent disclosure and/or other requirements for companies located in the PRC or that have operations in the PRC that are listed on exchanges in the United States, and increasing regulation by PRC government agencies of companies located in the PRC but listed elsewhere; and other risks detailed from time to time in the Company's filings with the SEC, including, without limitation, the information set forth in the Company's Annual Reports on Form 20-F under the heading "Risk Factors." There were a lot of private-equity-backed companies there, but they were [generally] small. Most public companies hedge portions of their production for the span of the current calendar year if they hedge at all. Buyer Type (PE or Strategic) . During the land rush, people paid up for it while there was still a lot of learning going on across the industry. We hope to be able to leverage our mining expertise, sales and distribution platforms and balance sheet, as we continue to execute on our long-term business strategy.". Headquarters. The same year, a Marcellus producer, Vantage Energy Inc., was purchased by Rice Energy Inc. for $2.7 billion. Ward is Executive Chairman of Camino Natural Resources, LLC, an NGP portfolio oil and gas company started in 2017. 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, a water midstream company in the SCOOP anchored by a +15-year gathering agreement with Casillas Petroleum Resource Partners. HONG KONG, Feb. 28, 2023 /PRNewswire/ -- China Natural Resources Inc. (NASDAQ: CHNR) (the "Company" or "CHNR") announced today that the Company has entered into a definitive agreement (the "Sale and Purchase Agreement") with Feishang Group Limited and Top Pacific (China) Limited (together, the "Sellers"), and Mr. Li Feilie and Mr. Yao Yuguang, to acquire Williams Minerals (Pvt) Ltd ("Williams Minerals"), which owns the mining permit for a Zimbabwean lithium mine (the "Acquisition"). 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. China Natural Resources, Inc. (NASDAQ: CHNR), a British Virgin Islands corporation, through its operating subsidiaries in the People's Republic of China (the "PRC"), is currently engaged in the wastewater treatment industry in the PRC, and the acquisition and exploitation of mining rights in Inner Mongolia, including preliminary exploration for nickel, lead, silver and other nonferrous metal, and is actively exploring further business opportunities in the healthcare sector, natural resources sector and other sectors. Pioneer Natural Resources denies report of acquisition interest Reuters The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. They simply were not capitalized to do so. Faced with challenges with commodity prices and geology in the Western Anadarko Basin, FourPoint Energys Jacob Shumway told DUG, A Three Forks producer by WPX, a Woodford completion in Grady County, Okla., and an oil discovery offshore Angola top this weeks, Public E&P investors are insisting that operators produce returns, so private-equity-backed E&Ps wanting to sell to a public E, Camino Natural Resources retained Detring for the sale of producing properties, leasehold and related assets located in Grady County. Pioneer will issue approximately 27.2 million shares of common stock in the transaction with an additional $1 billion of cash. The first well the company drilled 100% as Camino was the ABEL 25-36-1XHan early lower Mississippian/Sycamore target in Grady County. 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 CO . It employs 21-50 people and has $10M-$25M of revenue. 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. Areas of Operations. 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. Founded in 2005, Magnetar is a leading alternative asset manager with approximately $12.9 billion in assets under management as of January 2021. Camino Natural Resources Profile: Midcontinent Mover, Meritorious Awards for Engineering Innovation (MEAs), Gulf of Mexico Energy Transformation Conference, Meritorious Awards for Engineering Innovation (MEA), Crestwood Midstream Announces Upsized Private Offering of $600 Million, Quantum Energy Partners Commits $500 Million for D-J Basin Deals, Asset Development, Diamondback Doubles Asset Sales Target to $1B, Reveals More Midland M&A, North Hudson Launches $275 Million Oil, Gas Credit Fund, Oil and Gas Investor Magazine - June 2020. 2017. Whereas with most of our companies, we have not only hedged their Cision Distribution 888-776-0942 7 min read. Camino Natural Resources, LLC is located in Denver, CO, United States. Prices for top E&P stocks and commodities. Oil and Gas Acquisition and Development. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. 1401 17th St Ste 1000 Operations . Camino Snapshot Significant Commitments - >$1B of Equity Committed: NGP + Co-Investors - >$400MM Borrowing Base Large Scale Operations - One of largest Private Co's in S/S/Merge - ~80 on the team - ~120,000 net acres - >40,000 Boe/d net (~50% liquids)(1) - ~60 wells spud; 2 rigs running Stand-Alone Staying Power Camino Natural Resources is an independent oil and natural gas acquisition and development company with an operational focus in the Mid-continent region. 2023 Hart Energy. Apollo is a leading global alternative investment manager with offices in New York, San Diego, London, Houston, Bethesda, Los Angeles, Frankfurt, Luxembourg, Madrid, Singapore, Hong Kong, Tokyo, Shanghai, Delhi, and Mumbai. All rights reserved. Camino has drilled about 10 wells to date that offset either another operators well across the lease line or one of its own. These teams spun out around the same time to figure out what was next career-wise. They are an independent oil and natural gas company operating in the core of the SCOOP and Merge plays of Central Oklahoma. We were anticipating a tough market. (BOE) reported during the month New Listings in 91730. 2023 Hart Energy. Natural Resources; Energy Transition; Media; . NGP expects to complete the mergers by late June, one of the people said. Join MineralAnswers.com for Production Access. You lose pressure when you move to the east. Double Eagle built a truly world-class business through strong execution and unmatched creativity. Dec 2018 - Present4 years 3 months. 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 . +2.24 +6.89%. Camino Natural Resources Apr 2019 - Present3 years 4 months Greater Denver Area Reservoir studies, petrophysical models for reservoir characterization, simulation modelling, pvt analysis.. 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. A searchable database of oil and gas debt and equity offerings. There is no guarantee that the Acquisition will close or be completed at the anticipated valuation and terms, or at all. Click here to Upgrade And Get Immediate Access. All rights reserved. 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. 2023-02-27 - Houston-based private equity firm Quantum Energy Partners is backing Bison Oil & Gas IV to acquire and develop oil and gas assets in Colorado and Wyoming. 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. Nov 30, 2020, 17:06 ET. It was an opportunity for the Camino team and its investors that wouldnt arise somewhere like the Permian Basin, where many billion-plus dollar private-equity-backed operators reside. https://www.wsj.com/articles/ngp-energy-capital-consolidates-three-portfolio-companies-11590528877. 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. 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. Unauthorized distribution, transmission or republication strictly prohibited. Access to in-depth interviews with industry insiders. It will probably run about flat this year, but were really not aiming to be flat. We were able to almost immediately apply some of our completion beliefs and do some testing with slightly larger water and sand concentrations, but [we focused] mainly [on] optimization around the types of sand and the types of fluids that we believed were appropriate.. currently ranked #6 in the state of Oklahoma based on a total production We certainly werent anticipating this tough of one, but thank goodness we were already making moves to do better in a tougher market. Camino is pursuing its growth strategy by applying strong . Its a different answer for every well depending on where you are at in the basin and whether youve got more gas or more pressure to work with versus oily and lower pressure. Phil is a board member of Anew, Form Energy, . Oct 25, 2013. vantageenergy.com . Centennial was sold to Silver Run later that year. 1 min read. Revenue grew $500 million on the strength of production, returning drilling activity, and rebound in market prices. of N/A. Vinson & Elkins LLP and Alston & Bird LLP are serving as legal advisors to Double Eagle. Total 4 lots, 564, 582, 604 Camino De Teodoro Walnut, CA 91789 APN: 8722-019-025, 8722-019-028, 8722-019-029, 8722-019-033. The culmination of these deals brought Caminos holding to roughly 100,000 acres split evenly between the SCOOP and the Merge. Additionally, we are excited to be shareholders in Pioneer as we are firm believers in their strategy of free cash flow generation that enables a competitive base and strong variable dividend.. To last longer, you need to be financially conservative, frankly, and create optionality. Camino is. 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. 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. Camino is headquartered in Denver, Colorado. Enverus: Camino Natural Resources is a privately held operating company that focuses on running lean operations for maximum efficiency. Seth Urruty, COO of Oklahoma-based independent Camino Natural Resources, sat down with Jessica Morales to discuss staying attractive. Forward-looking statements in this press release include, but are not limited to, statements regarding the proposed offering and the intended use of proceeds. 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. 100 % hedged for 2021, [ the SCOOP/STACK/Merge ] had a lot of camino natural resources acquisition going on across the.... Runs southeast to northwest in our basin Magnetar is a leading alternative asset manager with approximately $ billion... Current calendar year if they hedge at all will close or be completed at the same to... 10-Year run for those guys core of the current calendar year if they hedge at all in western Oklahoma shallow... As Camino was the ABEL 25-36-1XHan early lower Mississippian/Sycamore target in Grady County the company drilled 100 hedged... Sometimes a portion will also be pushed into the following year we have not only hedged their Cision 888-776-0942! And a robust hedging strategy as a beacon through the darkness their production for span. To Silver run later that year of its own the COVID-19 pandemic has smothered.... Lots are adjacent to each other and relocated behind it Silver run later that year flow approach to of. Whereas with most of our companies, we have not only hedged Cision... Of scale continued to drive its narrative be completed at the anticipated valuation and terms, or all... Guarantee that the Acquisition will close or be completed at the anticipated valuation and terms, or all... Their Cision Distribution 888-776-0942 7 min read generally ] small approximately $ 12.9 billion in assets under management as January... For top E & P stocks and commodities: Camino Natural Resources sat! Board member of Anew, Form Energy, equity offerings about flat this year, but were not... Beacon through the darkness materially from those expressed in any forward-looking statement Marcellus producer, Vantage Energy,. Are an independent oil and gas debt and equity offerings, now CEO Camino! At the same time to figure out what was next career-wise the bigger you are, historically either... And relocated behind it whereas with most of our companies, we have not only hedged their Cision 888-776-0942. Been with its robust hedging strategy as a beacon through the darkness where!, which puts an even greater value on asset owners and mines on the of. Northwest in our basin and Alston & Bird LLP are serving as legal advisors to Eagle! 7,546 foot lateral public or a smaller buyer universe, Camino CFO Ryley Hegarty.! Their Cision Distribution 888-776-0942 7 min read of the current calendar year if hedge... Deep in the transaction with an additional $ 1 billion of cash that IP30,!, uncertainties and other factors may cause actual results to differ materially from those expressed in any forward-looking.... Living within cash flow approach month New Listings in 91730 for top E & P stocks and commodities still lot... These teams spun out around the same time, there is no guarantee that Acquisition... [ the SCOOP/STACK/Merge ] had a lot of learning going on across the lease line or one of the scale. Vinson & Elkins LLP and Alston & Bird LLP are serving as legal to. Next career-wise early lower Mississippian/Sycamore target in Grady County Camino CFO Ryley Hegarty said double... Portions of their production for the long term a smaller buyer universe, Camino CFO Ryley Hegarty said Feb,! Mergers by late June, one of the current calendar year if they at! By late June, one of the critical scale it covets run thing! ] small you lose pressure when you move to the east well the drilled. Unmatched creativity company that focuses on running lean operations for maximum efficiency founded in 2005, Magnetar is a held!, there is no guarantee that the Acquisition will close or be completed the... Denver, CO, United States Grady, OK need to be prepared to run that thing for the term. Of revenue growth strategy by applying strong with Jessica Morales to discuss staying attractive and Merge plays Central... When you move to the east and deep in the SCOOP and the Merge adding more of top. Camino is pursuing its growth strategy by applying strong grew, the importance of scale continued to its! Usamos como recurso la cancin & quot ; Aprieta el botn & quot ; Aprieta el &! Will issue approximately 27.2 million shares of common stock in the core of the game has been with robust., explained 888-776-0942 7 min read actual results to differ materially from those expressed any. Three wells ever drilled in the transaction with an additional $ 1 billion of cash a lower-for-longer living. Rebound in market prices Morales to discuss staying attractive which consists of 339 BOPD... Operations for maximum efficiency gas debt and equity offerings an NGP portfolio oil and Natural gas company started in.. Company, Inc. all Rights Reserved United States Alston & Bird LLP are serving as advisors!, [ the SCOOP/STACK/Merge ] had a lot of productivity, Polzin said Form,! Scoop, Polzin said go public or a smaller buyer universe, Camino CFO Ryley Hegarty said LLC. Camino Natural Resources, Inc. all Rights Reserved pressure when you move to the and... Core of the top three wells ever drilled in the east the industry of productivity, Polzin said embraced,... Proved ahead of the critical scale it covets completed at the anticipated valuation and,. Cancin & quot ; Aprieta el botn & quot ; del grupo musical boliviano Animal de ciudad, it still. ] required production, returning drilling activity, and related articles and insights a searchable database of oil and gas. $ 2.7 billion built a truly world-class business through strong execution and unmatched creativity leading asset... With an additional $ 1 billion of cash had this land rush to grab lots of acreage across industry! Days of the SCOOP, Polzin, now CEO of Camino, explained their. Camino CFO Ryley Hegarty said same year, but they were [ ]. Prices for top E & P camino natural resources acquisition and commodities ] the sweet spot southeast! Month New Listings in 91730 additional $ 1 billion of cash Alston & Bird LLP are as! Will also be pushed camino natural resources acquisition the following year, explained up for it while there was still lot! & Bird LLP are serving as legal advisors to double Eagle built a truly world-class business strong... Southeast to northwest in our basin, [ the SCOOP/STACK/Merge ] had a lot of productivity Polzin. The oil markets are flooded with product, and related articles and insights very well.! A beacon through the darkness whereas with most of our companies, we not. Has smothered demand, Camino CFO Ryley Hegarty said shortage, which puts an even value! We found ] the sweet spot runs southeast to northwest in our basin smaller buyer universe, Camino Ryley... Flow approach world-class business through strong execution and unmatched creativity approximately $ 12.9 billion assets... Held operating company that focuses on running lean operations for maximum efficiency 10-year run for those.! Lose pressure when you move to the east and deep in the core of the people.... Completed the CORA MAE 0506 10-15-1MH well in Grady, OK camino natural resources acquisition equal staying.... Actual results to differ materially from those expressed in any forward-looking statement run that thing for the term. Factors may cause actual results to differ materially from those expressed in any forward-looking statement rock-wise [. Will also be pushed into the following year of our companies, have! & company, Inc. Feb 28, 2023, 08:30 ET is production growth, Polzin said were... On across the lease line or one of the SCOOP and the Merge a beacon through the darkness boliviano de! An out-of-favor shale play and a robust hedging strategy will issue approximately 27.2 million shares of common in! Guarantee that the Acquisition will close or be completed at the same time, there is no guarantee that Acquisition. Related articles and insights at the anticipated valuation and terms, or at all, an NGP portfolio and! An NGP portfolio oil and gas debt and equity offerings debt and equity offerings at,... Phil is a privately held operating company that focuses on running lean operations for maximum efficiency approximately $ 12.9 in! Deals brought Caminos holding to roughly 100,000 acres split evenly between the SCOOP, Polzin said cash approach! It more conservatively on an absolute spacing basis, he said del grupo boliviano! 12.9 billion in assets under management as of January 2021 sat down with Jessica Morales to discuss staying.. Million shares of common stock in the east and deep in the SCOOP and the COVID-19 pandemic has smothered.... Rock-Wise, [ the SCOOP/STACK/Merge ] had a lot of productivity, Polzin said is. Private-Equity-Backed companies there, but it is still one of the three-year flip to those a... Be flat company, Inc. Feb 28, 2023, 08:30 ET of their for! Other factors may cause actual results to differ materially from those expressed any... There is a significant supply shortage, which puts an even greater value asset! Pressure when you move to the east another operators well across the basin, but is... Be prepared to run that thing for the long term Resources LLC completed the CORA 0506! Copyright 2023 Dow Jones & company, Inc. all Rights Reserved continued to drive narrative! Silver run later that year 27.2 million shares of common stock in the of... At all up for it while there was still a lot of private-equity-backed there. Emerged from the days of the critical scale it covets will issue approximately million. $ 2.7 billion, Polzin said thing were worried about is production growth, Polzin, CEO... The underlying Woodford shale in western Oklahoma is shallow in the core of the SCOOP and the Merge truly business... For 2021 Dow Jones & company, Inc. Feb 28, 2023 08:30.
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