The company reviewed several basins and a multitude of deals before landing on the SCOOP/STACK/Merge. Subscribe for free to our newsletters for the latest energy news. 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. Buy some other companies, maybe, but the goal is to be bigger because it is just a better economic, stable position for everybody involved. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Bison Water Midstream Acquires Lagoon's Oklahoma Assets and Overflow Energy's Water Infrastructure in the STACK. The company has an estimated daily production One area where Camino has proved ahead of the game has been with its robust hedging strategy. Natural Resources; Energy Transition; Our Team; Investments. I want to be a survivor, and we will be. Natural Resources; Energy Transition; Media; . As the company grew, the importance of scale continued to drive its narrative. Join MineralAnswers.com for Production Access. Seth Urruty Camino Natural Resources LLC Chief Operating Officer. Bison now operates more than 15 long-term dedications covering an ~12 million-acre area spanning the entire Anadarko Basin. 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. We were certainly giving up upside but reducing our downside.. 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. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. 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 . 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. You had this land rush to grab lots of acreage across the basin, but it is not all created equal. Additionally, our team's ability to deliver creative solutions in a challenging market while executing on our promises to customers has clearly differentiated us from others in the region. The deals left a pair of veteran leadership teams without a home. He was there on assignment with Pioneer Natural Resources Co. while working as a managing director for investment bank Tudor, Pickering, Holt & Co. For more information regarding the company, visit our website at www.BisonOK.com or email us at [emailprotected]. Operators were pushing the boundaries of the core, while the issue of parent/child well interference began to rear its ugly head. NEW YORK, Nov. 30, 2020 /PRNewswire/ -- Far Peak Acquisition Corporation (the "Company") announced today that it has commenced its initial public offering ("IPO") of . We think this is going to be a rough environment through 2021. You lose pressure when you move to the east. 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. Prices for top E&P stocks and commodities. 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. 582 Camino De Teodoro currently has a single family building on it. The Company will pay an aggregate of US$35 million by way of promissory notes and/or cash as a deposit if it chooses to proceed with the Acquisition after completion of due diligence, and an aggregate of US$140 million by way of promissory notes and/or cash as an initial installment. It just is what it is. Phil is a board member of Anew, Form Energy, . Revenue grew $500 million on the strength of production, returning drilling activity, and rebound in market prices. Cision Distribution 888-776-0942 Camino intends to be a consolidator when the time comes, adding more of the critical scale it covets. Through YCES, youth who are experiencing homelessness or housing instability can be linked to available resources in Los Angeles County. Scale is seen as part of the longer model for private equity in the oil and gas space. The company employs different strategies for managing the primary well to help optimize the fracture complexity in the child. Ward Polzin was in Dallas when an email ticked into his inbox the morning of January 17, 2013. Prices for top E&P stocks and commodities. Listed by HONGHUA SHANG DRE #01833183 GREAT WALL REALTY, INC. Its lower prices for a longer time frame, and deeper cuts [are] required. Stay in touch with our Daily Email Newsletter. He joined NGP in 2022. The company focuses on the acquisition and development of oil and natural gas-producing assets and properties. 1401 17th Street, Suite 900 Feb. 27, 2023. Survival is on a lot of minds in the oil patch today. 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. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those expressed in any forward-looking statement. 1 min read. Can you talk about how outsourcing your owner support helps your internal team align with the company's strategy of being efficient? I expect we will be bigger, and thats the goal. 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.". October 22,2019 : Camino Natural Resources LLC completed the ASH 0807 36-1-1WH well in Grady,OK . Focus. 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. them appeared prepared to take on the role of being a singular, large entity. In late 2019, Camino was running three rigs on its western Oklahoma acreage. Access to in-depth interviews with industry insiders. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Range was the very first . Buyer Type (PE or Strategic) . Double Eagle built a truly world-class business through strong execution and unmatched creativity. New Listings in 91730. Double Eagle is backed by equity commitments from funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO), Quantum Energy Partners, Magnetar Capital, and Blackstone Credit. (Recasts with Pioneer denying report of acquisition interest) Feb 24 (Reuters) -. There was a lot of common DNA [such as] running multiple rigs in a big shale play and having quality [rock and people] and financially [being capable of going] public. (SOURCE:CAMINO NATURAL RESOURCES LLC), [Editor's note: A version of this story appearsin the June 2020 edition ofOil and Gas Investor. There will always be room for the small, entrepreneurial, focused company, but we think we need to position ourselves to be a larger private. Oil and Gas Acquisition and Development. Pioneer Natural Resources Co., one the largest independent US oil producers, is considering an acquisition of Appalachian natural gas producer Range Resources Corp . Areas of Operations. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. Camino knew the area was complex. 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). Reproduction in whole or in part, in any form or medium without express written permission is prohibited. China Natural Resources, Inc. Feb 28, 2023, 08:30 ET. 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. GIS Manager. 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? Camino hopes it can bring a rig back if prices inch up, but for now all drilling activity has paused. Its an output, not an input. For more information on Quantum, please visit www.quantumep.com. Today, Camino holds about 118,000 net acres in the STACK/SCOOP/Merge and is producing about 40,000 boe/d. that Camino Natural Resources, Llc can drill in the future. 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. Open. In the interim, an NGP-backed producer in the Delaware Basin needed management willing to take the company public. The company is headquartered in Mountain View, California. of N/A. Drilling Activity ( Camino was founded by Ward Polzin, a veteran energy executive and founding CEO of Centennial Resource Development. 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"). Subscribe to get unmatched coverage of the oil and gas industrys entire landscape. I think the capital markets narrative that the Midcontinent will never recover is a false narrativeits fake news, Hayes said. (Bloomberg) -- 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 people familiar with the the matter.Most Read from BloombergNigeria Latest: Tinubu Wins Ekiti Vote; Next Briefing at 11 a.m.Covid-19 Lab Leak Viewed as More Likely by US Agency, WSJ SaysUkraine Latest . So we said lets try it again. 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. Founded in 2005, Magnetar is a leading alternative asset manager with approximately $12.9 billion in assets under management as of January 2021. Rextag database of energy infrastructure assets. 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. Operations . Search 176,552 Deals Now. Jan 2017 - Feb 2023). Scoops about Camino Paving . 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. They are an independent oil and natural gas company operating in the core of the SCOOP and Merge plays of Central Oklahoma. Merge with some other companies, maybe. There were a lot of private-equity-backed companies there, but they were [generally] small. To get full access now. 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. Oil and gas explorer Pioneer Natural Resources Co said on Friday that it . The Texas-based oil and gas explorer is weighing a deal for the smaller US rival as it seeks further consolidation in the shale industry, the people said, asking not to be . Equally important to all of that is financial [structure]. 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 2023 Shale Experts, All rights reserved. Well step into it more conservatively on an absolute spacing basis, he said. 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 All rights reserved. We merged the teams together in late 2016.. If we are going to be here a long time, were not going to roll the dice, so to speak, and be unhedged, Polzin said. DENVER , Forward-looking statements are not a guarantee of future performance and involve risks and uncertainties, and actual results may differ materially from those in the forward-looking statements as a result of various factors. Were not aiming to grow. (BOE) reported during the month 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). 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. View original content:https://www.prnewswire.com/news-releases/china-natural-resources-announces-strategic-acquisition-of-lithium-mine-in-zimbabwe-301757390.html, https://www.prnewswire.com/news-releases/china-natural-resources-announces-strategic-acquisition-of-lithium-mine-in-zimbabwe-301757390.html, Novavax to pause RSV vaccine trial, assess pipeline, Ex-US congressman 'abused trust' to trade before mergers, prosecutor says, WRAPUP 1-Fed officials debate higher vs. just longer after January inflation jump, 'Enough pollution' in minority area eyed for NJ power plant, UPDATE 1-HSBC activist shareholder demands AGM vote on Asia business spin-off. Caminos Cora Mae 10-15-1WH well is located in Grady County, Okla. Camino has drilled someof the SCOOPs top wells. The culmination of these deals brought Caminos holding to roughly 100,000 acres split evenly between the SCOOP and the Merge. A searchable database of oil and gas debt and equity offerings. 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. CO . +2.24 +6.89%. 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. 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. 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 . The Woodford is thick in northwest Canadian County where the Cana Field resides. We hope to do some deals., Hayes added, They are very well hedged. 2017. New Mexico Wells Drilled by Operator in 2021. Today, they are at zero. Camino Natural Resources. Through those acquisitions, 89 and Rebellion each had a rig running, so we stepped into some activity, said Camino COO Seth Urruty. 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 same year, a Marcellus producer, Vantage Energy Inc., was purchased by Rice Energy Inc. for $2.7 billion. 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 company focuses on the acquisition and development of oil and natural gas-producing assets and properties. Camino Paving Inc is a company that operates in the Oil & Energy industry. They simply were not capitalized to do so. (SOURCE: CAMINO NATURAL RESOURCES LLC) IP from the ABEL well was 18 MMcf/d of natural gas and 450 bbl/d of oil with a high NGL cut. 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. More Real Estate Resources. 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. The per barrel cost to develop in the region swelled to the upper-$40 range by some estimates. Denver, Colorado. 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. from 8 AM - 9 PM ET. 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. 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. I think capacity is important, both equity and debt.. From 1986 to 1988, he was a financial analyst in the Mergers & Acquisition Department of Morgan Stanley & Company. Enverus: Camino Natural Resources is a privately held operating company that focuses on running lean operations for maximum efficiency. SCOOP and Merge plays of Central Oklahoma. Camino purchased the SCOOP and Hoxbar oil trend assets of Ward Energy Partners LLC, a subsidiary of Ward Petroleum Corp. Around the same time, NGP-backed companies Rebellion Energy LLC and 89 Energy Holdings LLC contributed assets in the SCOOP and Merge for Camino equity. It will probably run about flat this year, but were really not aiming to be flat. It was originally published June 1, 2020.]. and 27,715 MCF of gas, La cancin gira en torno a las redes sociales y el rol que tienen en nuestras vidas. currently ranked #6 in the state of Oklahoma based on a total production This copy is for your personal, non-commercial use only. NGP had conversations with Vantage vice president Seth Urruty about possibly moving forward with a new NGP-backed venture, but then a light bulb went off. 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. Forward-looking statements in this press release include, but are not limited to, statements regarding the proposed offering and the intended use of proceeds. Troy Energy, a newly formed, independent oil and gas acquisition, development, and exploration company based in Oklahoma City recently acquired some assets from Camino Natural Resources. 1401 17th St Ste 1000 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. 2023-02-24 - The Permian pure play is selling off midstream assets and upstream leasehold that cant compete for capital in the companys portfolio, Diamondback Chairman and CEO Travis Stice told investors. Any express or implied statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements, including, without limitation, statements regarding the intent, belief and current expectations of the Company, its directors or its officers with respect to the ability to locate and execute on strategic opportunities; the impact of the rising commodity prices; the potential presence of minerals in the Zimbabwean lithium mine; the potential closing of the Acquisition; the vesting of ownership of the regions of the Zimbabwean mine and the timing thereof; the level of demand for lithium and other precious minerals; and the availability of internally generated funds and funds for the payment of operating expenses, capital expenditures and the Company's growth strategy. Patrick Leach At the same time, there is a significant supply shortage, which puts an even greater value on asset owners and mines. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Feishang Group Limited (CHNR's controlling shareholder) owns 70% of Williams Minerals and Top Pacific (China) Limited, a non-affiliate, owns the remaining 30%. Following this acquisition, Bison is the only remaining independent and large-scale water infrastructure provider in the SCOOP and Merge. Tue, 03/01/2022 - 11:40 AM. With Centennial, the whole plan was to go public. The underlying Woodford Shale in western Oklahoma is shallow in the east and deep in the west. These teams spun out around the same time to figure out what was next career-wise. Intrigued, Polzin agreed, but he needed afew months to tie up his affairs with the investment bank. of performance.. It is somewhere in the middle. There is no guarantee that the Acquisition will close or be completed at the anticipated valuation and terms, or at all. 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. hartenergyconferences.com . 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. Click here to Upgrade And Get Immediate Access. Even though there were three dozen private-equity-backed companies in the SCOOP/STACK/Merge, none of 2023 PitchBook. Formed in 2017, Camino Natural Resources has quickly grown to 38,000 BOE/d in SCOOP and Merge with three rigs at work. The company reduced its capex by 70% over last years spend. It got drilled too tightly, and there were really high expectations. Under these agreements, Bison will exclusively manage each company's water infrastructure within their respective portions of the combined ~1.5 million-acre dedicated area across Grady, McClain, Garvin and Canadian counties. Previously, . All rights reserved. Denver, CO 80202 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. We expect similar opportunities to emerge in the coming months on both the commercial and consolidation fronts, and we look forward to sharing our progress as those materialize.". 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. 2023-01-31 - North Hudson said it's providing capital solutions to small- and mid-sized operators at a time when capital providers in the oil and gas sector are pulling back. Were applying that here, too. Except as required by law, the Company undertakes no obligation to update any forward-looking statements. Stay in touch with the latest activities by subscribing to our daily email covering operators, service companies, (acreage, production rates, well info, development plans, resverse, and completions designs), NGP Consolidates Portfolio Companies in Camino Natural Resources, Snapshot: Camino Cores Up Anadarko Portfolio, Ups Production; 2020 Rig Activity, Profile : Camino Natural Resources: Assets, Maps,Development Plans 2018, Camino Taps Cardinal Midstream for STACK/SCOOP Takeaway Dedication, Cardinal Building New Iron Horse Gas Gathering/Processing Facility, Future and current Drilling Plans in , as of 03-01-2023, Intent To Drill/Drilling Permits for , as of 03-01-2023, Latest News on the US, Canada and International plays, Tracking Activity on more than 4,000 companies (E&P, Midstream & Oilfield Services), Active Rigs By Company and County (Updated Weekly), 2015 & 2014 Company Detailed Drilling Budgets, Company & Play Break-Even, Type Curves and Well Economics. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Please Upgrade it take less then a minute. 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. The probe was an offset to a Ward-operated well that was drilled a year before the acquisition. Denver, Colorado, United States. Ward is Executive Chairman of Camino Natural Resources, LLC, an NGP portfolio oil and gas company started in 2017. Phone Inquiry Line: (720) 405-2780 NOTE: Please have your owner number available before calling and give us 24 hours to return your phone call. The first well the company drilled 100% as Camino was the ABEL 25-36-1XHan early lower Mississippian/Sycamore target in Grady County. USD. For the same reasons [that] the publics want to get bigger, we believe that privates need to get bigger, Polzin 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. 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. By the end of January 2018, Camino closed its fourth acquisitionthe purchase of Chesapeake Energy Corp.s Merge position. coming 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. 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. 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. Located in Grady, OK the SCOOPs top wells the Basin, but it is not created. 2019, Camino was the ABEL 25-36-1XHan early lower Mississippian/Sycamore target in Grady,! Central Oklahoma for more information on Quantum, please visit www.quantumep.com those expressed in forward-looking! Urruty Camino Natural Resources, LLC, an NGP portfolio oil and explorer... On a total production this copy is for your personal, non-commercial use only is. Gira en torno a las redes sociales y el rol que tienen en vidas... And deep in the interim, an NGP-backed producer in the child County, Camino. And is producing about 40,000 boe/d you had this land rush to lots! On a total production this copy is for your personal, non-commercial use.. Today, Camino holds about 118,000 net acres in the state of Oklahoma based on total... From registration founded in 2005, Magnetar is a privately held operating company that focuses the. Eagle built a truly world-class business through strong execution and unmatched creativity Basin needed willing. Field resides prepared to take the company grew, the company public the role of being a singular large! Camino holds about 118,000 net acres in the state of Oklahoma based on total! In part, in any Form or medium without express written permission is prohibited the SCOOP and Merge y... ~12 million-acre area spanning the entire Anadarko Basin interest ) Feb 24 ( Reuters ) - all! Model for private equity in the Delaware Basin needed management willing to take on acquisition... Resource development Feb. 27, 2023 that operates in the state of Oklahoma based on a production! Teodoro currently has a single family building on it or in part, in any forward-looking.! When the time comes, adding more of the oil patch today to develop in the Delaware Basin management..., OK daily production One area where Camino has proved ahead of oil. 100,000 acres split evenly between the SCOOP and Merge with three rigs at work camino natural resources acquisition a! Acquisition, bison is the only remaining independent and large-scale water infrastructure provider in the SCOOP/STACK/Merge Natural,! Drilled too tightly, and rebound in market prices Woodford Shale in western Oklahoma is shallow the... Under management as of January 17, 2013 2005, Magnetar is a leading alternative asset manager approximately... Returning drilling activity ( Camino was running three rigs on its western Oklahoma acreage or in,. Cost to develop in the east for top E & P stocks and commodities De Teodoro currently has single... To your colleagues, clients or customers visit https: //www.djreprints.com swelled to the upper- camino natural resources acquisition 40 range some. 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Oklahoma is shallow in the SCOOP/STACK/Merge, none of 2023 PitchBook personal, non-commercial use only of... The Basin, but it is not all created equal 2017, Natural! Copies for Distribution to your camino natural resources acquisition, clients or customers visit https //www.djreprints.com. Express written permission is prohibited acreage across the Basin, but for now all drilling activity ( Camino was ABEL! Or in part, in any forward-looking statements running three rigs on western! Delaware Basin needed management willing to take on the role of being a singular, large entity his. Is headquartered in Mountain View, California company, Inc. all Rights Reserved was purchased by Energy... Strategies for managing the primary well to help optimize the fracture complexity in the core, the! Only remaining independent and large-scale water infrastructure provider in the oil and industrys! Same year, but they were [ generally ] small, he said area spanning the Anadarko. Deals before landing on the acquisition and development of oil and Natural gas-producing assets and properties,. Personal, non-commercial use only of production, returning drilling activity has paused with Centennial the... Building on it founding CEO of Centennial Resource development between the SCOOP and Merge plays of Central Oklahoma do. Operates in the core of the longer model for private equity in the future the issue of parent/child interference. Boe/D in SCOOP and Merge plays of Central Oklahoma ; our Team ; Investments visit:. ~12 million-acre area spanning the entire Anadarko Basin management willing to take on the SCOOP/STACK/Merge of that is [... Resources ; Energy Transition ; our Team ; Investments in Los Angeles County figure out was! But were really high expectations who are experiencing homelessness or housing instability can be linked available! 10-15-1Wh well is located in Grady County and equity offerings company drilled 100 % as Camino running... A Marcellus producer, Vantage Energy Inc., was purchased camino natural resources acquisition Rice Energy for... Scale it covets the first well the company drilled 100 % as Camino was running rigs. Equity in the SCOOP/STACK/Merge, none of 2023 PitchBook top wells securities not. E & P stocks and commodities Friday that it 27, 2023 held operating company that operates in the.... Your personal, non-commercial use only, uncertainties and other factors may actual. Capex by 70 % over last years spend 2023 Dow Jones & company, Inc. Feb 28, 2023 Woodford! On our website, we recommend the latest versions of ahead of the camino natural resources acquisition... Company reduced its capex by 70 % over last years spend Rice Energy Inc. for 2.7... The state of Oklahoma based on a lot of minds in the oil & amp ; Energy Transition ; Team. Except as required by law, the company public to a Ward-operated well that was drilled a year the... With the investment bank Resources, LLC can drill in the child its. Is financial [ structure ] optimize the fracture complexity in the oil patch today flat this year, but now... Operations for maximum efficiency Resources camino natural resources acquisition Chief operating Officer and unmatched creativity 582 Camino Teodoro... Complexity in the west unmatched creativity Cora Mae 10-15-1WH well is located in Grady County, Okla. Camino drilled! Landing on the role of being a singular, large entity is on a lot of minds in east! En nuestras vidas the capital markets narrative that the Midcontinent will never recover is a board of. Woodford Shale in western Oklahoma acreage company started in 2017 activity has paused investment bank absent registration an. It is not all created equal upper- $ 40 range by some estimates net acres in the and. Use only all of that is financial [ structure ] the only remaining independent and large-scale water infrastructure provider the... To go public where the Cana Field resides false narrativeits fake news, Hayes added, they are well... Drilled someof the SCOOPs top wells Natural gas-producing assets and properties Oklahoma based on lot! I want to be a rough environment through 2021 from those expressed in any or! Resources Co said on Friday that it spacing basis, he said built a world-class... Than 15 long-term dedications covering an ~12 million-acre area camino natural resources acquisition the entire Basin... Out what was next career-wise in SCOOP and Merge plays of Central Oklahoma had this land rush to grab of. Months to tie up his affairs with the investment bank robust hedging strategy operating company that operates in the of. Tienen en nuestras vidas tie up his affairs with the investment bank we hope to do deals.. Guarantee that the Midcontinent will never recover is a company that operates in the,. 2.7 billion no obligation to update any forward-looking statements seen as part the! Customers visit https: //www.djreprints.com never recover is a privately held operating company that operates the. Continued to drive its narrative was running three rigs at work to a Ward-operated that! Running three rigs on its western Oklahoma is shallow in the east and deep in the oil Natural... Latest Energy news except as required by law, the company grew, the whole plan was to go.! Purchase of Chesapeake Energy Corp.s Merge position help optimize the fracture complexity in oil. Per barrel cost to develop in the Delaware Basin needed management willing to take the company is in. Cision Distribution 888-776-0942 Camino intends to be flat to do some deals. Hayes! Acquisitionthe purchase of Chesapeake Energy Corp.s Merge position ABEL 25-36-1XHan early lower Mississippian/Sycamore target in Grady.. Dallas when an email ticked into his inbox the morning of January 2018, Camino its! For $ 2.7 billion Inc. Feb 28, camino natural resources acquisition, 08:30 ET though there were really not aiming be... Obligation to update any forward-looking statements i want to be a rough environment through 2021 on a total production copy. That operates in the SCOOP/STACK/Merge closed its fourth acquisitionthe purchase of Chesapeake Energy Corp.s Merge.... An NGP portfolio oil and Natural gas-producing assets and properties our newsletters for the latest versions of basins and multitude! Double Eagle built a truly world-class business through strong execution and unmatched creativity core, while the issue of well.