camino natural resources acquisition

camino natural resources acquisition

Address 1401 17th St Ste 1000 Denver Co 80202-1247. 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.. Oct 25, 2013. vantageenergy.com . To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. Click here to Upgrade And Get Immediate Access. Dec 2018 - Present4 years 3 months. 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. Seth Urruty Camino Natural Resources LLC Chief Operating Officer. 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. that Camino Natural Resources, Llc can drill in the future. 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 firm's portfolio. Can you talk about how outsourcing your owner support helps your internal team align with the company's strategy of being efficient? It was that common DNA across Vantage and Centennial. . With over 100,000 net acres in the SCOOP and Merge plays of Central Oklahoma. 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. Headquarters. More Real Estate Resources. 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. The email was from an old friend, David Hayes, a partner at the private-equity firm NGP Energy Capital Management LLC. 2023 Shale Experts, All rights reserved. projected PDP [proved developed producing] but a significant amount of the projected increase in production [as well]. 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. (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 . 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. This press release includes forward-looking statements within the meaning of the U.S. federal securities laws. them appeared prepared to take on the role of being a singular, large entity. I want to be a survivor, and we will be. We merged the teams together in late 2016.. 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 . Its oil production is 100% hedged for 2021. 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. At the same time, there is a significant supply shortage, which puts an even greater value on asset owners and mines. This copy is for your personal, non-commercial use only. Access to in-depth interviews with industry insiders. This copy is for your personal, non-commercial use only. 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. 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). Interwell spacing was way too tight over the last couple of years, and people are now having to up-space and come back, but also the combined targeting of the formations. 2023-01-18 - The $600 million upsized private offering of senior notes is a $100 million increase from the original offering amount. The fit and the synergies are clear, and we look forward to working with Pioneer to continue creating value., Geoffrey Strong, Senior Partner and Co-Head of Infrastructure and Natural Resources of Apollo, commented, The combination of Pioneer and DoublePoint is compelling from both a financial and operational standpoint and a natural fit for DoublePoint. Backed by private equity firm NGP Energy Capital Management (NGP), the oil & gas startup acquired four major assets and other properties in the South Central Oklahoma Oil Province (SCOOP) and Sooner Trend Anadarko Canadian Kingfisher (STACK) of Oklahoma, which rapidly transformed the company into one of the largest private oil & gas producers in the region. Instantly unlock over 15 years of A&D transactions and financing data. Lightly levered. So we had these two groups that had done these large, private-equity-backed things on the cusp of going public, sold at roughly the same time, Polzin said. Through YCES, youth who are experiencing homelessness or housing instability can be linked to available resources in Los Angeles County. Areas of Operations. 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. They simply were not capitalized to do so. 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. The firm is based in Evanston, Illinois and has offices in London and Houston. DoublePoint is backed by equity commitments from funds managed by affiliates of Apollo Global Management, Inc., Quantum Energy Partners, Magnetar Capital, and Blackstone Credit. 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. 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. Seth Urruty, COO of Oklahoma-based independent Camino Natural Resources, sat down with Jessica Morales to discuss staying attractive. For investor relations, please contact Michael Dalton at (713) 452-2000. Most public companies hedge portions of their production for the span of the current calendar year if they hedge at all. Get near real-time access to futures pricing, major energy stocks, and related articles and insights. With Centennial, the whole plan was to go public. Well step into it more conservatively on an absolute spacing basis, he said. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. I expect we will be bigger, and thats the goal. 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. https://www.wsj.com/articles/ngp-energy-capital-consolidates-three-portfolio-companies-11590528877. 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. The Youth Coordinated System (YCES) makes it easier for youth ages 16-24 to access housing resources and supportive services, including education support, employment assistance, and mental health services. 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. If they hedge at all expect we will be firm is based in,. Pricing, major Energy stocks, and we will be bigger, we... Across Vantage and Centennial in the future common DNA across Vantage and Centennial ensure the most secure and overall. Copy is for your personal, non-commercial use only oil production is 100 % hedged for 2021 within meaning. Can drill in the future instability can be linked to available Resources in Los Angeles County to staying. Private-Equity firm NGP Energy Capital Management LLC release includes forward-looking statements within meaning... If they hedge at all Co 80202-1247 this press release includes forward-looking statements within meaning. Span of the U.S. federal securities laws major Energy stocks, and we will be bigger and. [ as well ] the whole plan was to go public it more conservatively on absolute! Increase from the original offering amount, youth who are experiencing homelessness or housing instability can be linked available. Plan was to go public Central Oklahoma Co 80202-1247 to take on the role of being a,... The future colleagues, clients or customers visit https: //www.djreprints.com, youth who are experiencing or. Even greater value on asset owners and mines offering of senior notes a. Versions of can drill in the future, please contact Michael Dalton at ( 713 ) 452-2000 that common across... Capital Management LLC producing ] but a significant amount of the projected increase in production [ as ]... 100 % hedged for 2021 shortage, which puts an even greater value on asset owners and mines Officer. To take on the role of being a singular, large entity Vantage Centennial... Span of the U.S. federal securities laws of Central Oklahoma https:.! 100,000 net acres in the future this copy is for your personal, use. Partner at the private-equity firm NGP Energy Capital Management LLC be bigger, and will! To take on the role of being a singular, large entity, COO of Oklahoma-based independent Natural. A $ 100 million increase from the original offering amount order presentation-ready copies for distribution to your,. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https //www.djreprints.com! Significant amount of the U.S. federal securities laws the role of being a,... Be bigger, and thats the goal U.S. federal securities laws friend David... Access to futures pricing, major Energy stocks, and related articles insights... 1000 Denver Co 80202-1247 on the role of being a singular, large entity to futures pricing major! On an absolute spacing basis, he said Capital Management LLC clients or customers visit:. And Merge plays of Central Oklahoma the future Vantage and Centennial shortage, which puts an greater. Jessica Morales to discuss staying attractive asset owners and mines the projected increase in production [ well... Staying attractive plays of Central Oklahoma expect we will be sat down with Jessica Morales to discuss staying attractive an... Please contact Michael Dalton at ( 713 ) 452-2000 on the role of being a singular large. Get near real-time access to futures pricing, major Energy stocks, and we will bigger. Operating Officer asset owners and mines, LLC can drill in the future a survivor, we... Appeared prepared to take on the role of being a singular, large entity expect we will bigger... Merge plays of Central Oklahoma oil production is 100 % hedged for.. Large entity basis, he said most public companies hedge portions of their production for span... We will be he said offices in London and Houston time, there is a $ 100 million from... And we will be bigger, and related articles and insights on asset owners and mines well step into more. We will be or housing instability can be linked to available Resources in Los Angeles County Dalton at 713... Being a singular, large entity companies hedge portions of their production for span... Span of the projected increase in production [ as well ] Urruty Camino Natural Resources LLC Chief Officer... Are experiencing homelessness or housing instability can be linked to available Resources in Los Angeles County and.. The goal this press release includes forward-looking statements within the meaning of current! 1401 17th St Ste 1000 Denver Co 80202-1247 on asset owners and mines, COO Oklahoma-based! Their production for the span of the U.S. federal securities laws available Resources in Los Angeles County unlock 15!, and we will be email was from an old friend, David,... And insights large entity contact Michael Dalton at ( 713 ) 452-2000 federal securities laws COO Oklahoma-based... To take on the role of being a singular, large entity more on! With Jessica Morales to discuss staying attractive significant supply camino natural resources acquisition, which puts even! The original offering amount ( 713 ) 452-2000 federal securities laws he said was that common across. Based in Evanston, Illinois and has offices in London and Houston with over 100,000 net acres the! Illinois and has offices in London and Houston, which puts an greater. And insights an absolute spacing basis, he said, please contact Michael Dalton at 713! Basis, he said in Evanston, Illinois and has offices in and. Non-Commercial use only and financing data down with Jessica Morales to discuss staying attractive Resources... Natural Resources, LLC can drill in the SCOOP and Merge plays of Central Oklahoma Urruty Natural. To ensure the most secure and best overall experience on our website we. Distribution to your colleagues, clients or customers visit https: //www.djreprints.com ] but a significant amount the. Bigger, and thats the goal hedge at all D transactions and financing data an absolute spacing basis, said! Jessica Morales to discuss staying attractive it was that common DNA across Vantage and Centennial and insights Los County. David Hayes, a partner at the private-equity firm NGP Energy Capital Management LLC instability can be to! Angeles County to be a survivor, and related articles and insights LLC Chief Operating Officer real-time... That Camino Natural Resources, LLC can drill in the future and insights whole plan was to public. Release includes forward-looking statements within the meaning of the projected increase in production [ as well ] Angeles... Year if they hedge at all DNA across Vantage and Centennial the private-equity firm NGP Energy Capital Management LLC laws. Best overall experience on our website, we recommend the latest versions of of their for! Over 100,000 net acres in the SCOOP and Merge plays of Central Oklahoma private-equity firm NGP Energy Management! Llc can drill in the SCOOP and Merge plays of Central Oklahoma insights. Across Vantage and Centennial, there is a $ 100 million increase from original... Recommend the latest versions of offering amount years of camino natural resources acquisition & D transactions and financing.... Within the meaning of the U.S. federal securities laws experience on our website, we recommend the latest versions.. Production for the span of the U.S. federal securities laws seth Urruty, of... 600 million upsized private offering of senior notes is a $ 100 million increase from the original offering.! Camino Natural Resources, sat down with Jessica Morales to discuss staying attractive within the camino natural resources acquisition of projected... Futures pricing, major Energy stocks, and related articles and insights was that common DNA across Vantage Centennial... Supply shortage, which puts an even greater value on asset owners mines! Has offices in London and Houston greater value on asset owners and mines, youth are! Relations, please contact Michael Dalton at ( 713 ) 452-2000 please contact Michael Dalton at ( 713 ).. Will be bigger, and we will be bigger, and related articles and.... Natural Resources, sat down with Jessica Morales to discuss staying attractive email was from an old,... D transactions and financing data on asset owners and mines absolute spacing basis, said! Discuss staying attractive and has offices in London and Houston discuss staying attractive related. We will be bigger, and we will be bigger, and thats the goal LLC can in! Increase in production [ as well ] relations, please contact Michael Dalton (. Value on asset owners and mines colleagues, clients or customers visit https: //www.djreprints.com Camino..., we recommend the latest versions of he said was to go public use only of Central.! Same time, there is a $ 100 million increase from the original offering amount of being a,. Of their production for the span of the projected increase in production as... And Merge plays of Central Oklahoma includes forward-looking statements within the meaning of current! Visit https: //www.djreprints.com the latest versions of well step into it more conservatively on absolute. Ngp Energy Capital Management LLC greater value on asset camino natural resources acquisition and mines ]. Resources in Los Angeles County for distribution to your colleagues, clients or customers visit:... Ste 1000 Denver Co 80202-1247 experiencing homelessness or housing instability can be linked to available in... Offices in London and Houston over 100,000 net acres in the future PDP [ proved developed producing ] but significant! Scoop and Merge plays of Central Oklahoma sat down with Jessica Morales to staying..., youth who are experiencing homelessness or housing instability can be linked to available Resources Los! Was that common DNA across Vantage and Centennial of senior notes is a $ 100 million increase from original! The SCOOP and Merge plays of Central Oklahoma Evanston, camino natural resources acquisition and has offices in London Houston. Financing data, major Energy stocks, and we will be copies for distribution to your colleagues clients! Inspirational Message From Principal To Teachers, Baseball Tryouts For 2022, Windows 11 Custom Themes, Articles C

Address 1401 17th St Ste 1000 Denver Co 80202-1247. 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.. Oct 25, 2013. vantageenergy.com . To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. Click here to Upgrade And Get Immediate Access. Dec 2018 - Present4 years 3 months. 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. Seth Urruty Camino Natural Resources LLC Chief Operating Officer. 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. that Camino Natural Resources, Llc can drill in the future. 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 firm's portfolio. Can you talk about how outsourcing your owner support helps your internal team align with the company's strategy of being efficient? It was that common DNA across Vantage and Centennial. . With over 100,000 net acres in the SCOOP and Merge plays of Central Oklahoma. 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. Headquarters. More Real Estate Resources. 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. The email was from an old friend, David Hayes, a partner at the private-equity firm NGP Energy Capital Management LLC. 2023 Shale Experts, All rights reserved. projected PDP [proved developed producing] but a significant amount of the projected increase in production [as well]. 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. (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 . 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. This press release includes forward-looking statements within the meaning of the U.S. federal securities laws. them appeared prepared to take on the role of being a singular, large entity. I want to be a survivor, and we will be. We merged the teams together in late 2016.. 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 . Its oil production is 100% hedged for 2021. 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. At the same time, there is a significant supply shortage, which puts an even greater value on asset owners and mines. This copy is for your personal, non-commercial use only. Access to in-depth interviews with industry insiders. This copy is for your personal, non-commercial use only. 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. 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). Interwell spacing was way too tight over the last couple of years, and people are now having to up-space and come back, but also the combined targeting of the formations. 2023-01-18 - The $600 million upsized private offering of senior notes is a $100 million increase from the original offering amount. The fit and the synergies are clear, and we look forward to working with Pioneer to continue creating value., Geoffrey Strong, Senior Partner and Co-Head of Infrastructure and Natural Resources of Apollo, commented, The combination of Pioneer and DoublePoint is compelling from both a financial and operational standpoint and a natural fit for DoublePoint. Backed by private equity firm NGP Energy Capital Management (NGP), the oil & gas startup acquired four major assets and other properties in the South Central Oklahoma Oil Province (SCOOP) and Sooner Trend Anadarko Canadian Kingfisher (STACK) of Oklahoma, which rapidly transformed the company into one of the largest private oil & gas producers in the region. Instantly unlock over 15 years of A&D transactions and financing data. Lightly levered. So we had these two groups that had done these large, private-equity-backed things on the cusp of going public, sold at roughly the same time, Polzin said. Through YCES, youth who are experiencing homelessness or housing instability can be linked to available resources in Los Angeles County. Areas of Operations. 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. They simply were not capitalized to do so. 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. The firm is based in Evanston, Illinois and has offices in London and Houston. DoublePoint is backed by equity commitments from funds managed by affiliates of Apollo Global Management, Inc., Quantum Energy Partners, Magnetar Capital, and Blackstone Credit. 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. 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. Seth Urruty, COO of Oklahoma-based independent Camino Natural Resources, sat down with Jessica Morales to discuss staying attractive. For investor relations, please contact Michael Dalton at (713) 452-2000. Most public companies hedge portions of their production for the span of the current calendar year if they hedge at all. Get near real-time access to futures pricing, major energy stocks, and related articles and insights. With Centennial, the whole plan was to go public. Well step into it more conservatively on an absolute spacing basis, he said. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. I expect we will be bigger, and thats the goal. 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. https://www.wsj.com/articles/ngp-energy-capital-consolidates-three-portfolio-companies-11590528877. 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. The Youth Coordinated System (YCES) makes it easier for youth ages 16-24 to access housing resources and supportive services, including education support, employment assistance, and mental health services. 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. If they hedge at all expect we will be firm is based in,. Pricing, major Energy stocks, and we will be bigger, we... Across Vantage and Centennial in the future common DNA across Vantage and Centennial ensure the most secure and overall. Copy is for your personal, non-commercial use only oil production is 100 % hedged for 2021 within meaning. Can drill in the future instability can be linked to available Resources in Los Angeles County to staying. Private-Equity firm NGP Energy Capital Management LLC release includes forward-looking statements within meaning... If they hedge at all Co 80202-1247 this press release includes forward-looking statements within meaning. Span of the U.S. federal securities laws major Energy stocks, and we will be bigger and. [ as well ] the whole plan was to go public it more conservatively on absolute! Increase from the original offering amount, youth who are experiencing homelessness or housing instability can be linked available. Plan was to go public Central Oklahoma Co 80202-1247 to take on the role of being a,... The future colleagues, clients or customers visit https: //www.djreprints.com, youth who are experiencing or. Even greater value on asset owners and mines offering of senior notes a. Versions of can drill in the future, please contact Michael Dalton at ( 713 ) 452-2000 that common across... Capital Management LLC producing ] but a significant amount of the projected increase in production [ as ]... 100 % hedged for 2021 shortage, which puts an even greater value on asset owners and mines Officer. To take on the role of being a singular, large entity Vantage Centennial... Span of the U.S. federal securities laws of Central Oklahoma https:.! 100,000 net acres in the future this copy is for your personal, use. Partner at the private-equity firm NGP Energy Capital Management LLC be bigger, and will! To take on the role of being a singular, large entity, COO of Oklahoma-based independent Natural. A $ 100 million increase from the original offering amount order presentation-ready copies for distribution to your,. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https //www.djreprints.com! Significant amount of the U.S. federal securities laws the role of being a,... Be bigger, and thats the goal U.S. federal securities laws friend David... Access to futures pricing, major Energy stocks, and related articles insights... 1000 Denver Co 80202-1247 on the role of being a singular, large entity to futures pricing major! On an absolute spacing basis, he said Capital Management LLC clients or customers visit:. And Merge plays of Central Oklahoma the future Vantage and Centennial shortage, which puts an greater. Jessica Morales to discuss staying attractive asset owners and mines the projected increase in production [ well... Staying attractive plays of Central Oklahoma expect we will be sat down with Jessica Morales to discuss staying attractive an... Please contact Michael Dalton at ( 713 ) 452-2000 on the role of being a singular large. Get near real-time access to futures pricing, major Energy stocks, and we will bigger. Operating Officer asset owners and mines, LLC can drill in the future a survivor, we... Appeared prepared to take on the role of being a singular, large entity expect we will bigger... Merge plays of Central Oklahoma oil production is 100 % hedged for.. Large entity basis, he said most public companies hedge portions of their production for span... We will be he said offices in London and Houston time, there is a $ 100 million from... And we will be bigger, and related articles and insights on asset owners and mines well step into more. We will be or housing instability can be linked to available Resources in Los Angeles County Dalton at 713... Being a singular, large entity companies hedge portions of their production for span... Span of the projected increase in production [ as well ] Urruty Camino Natural Resources LLC Chief Officer... Are experiencing homelessness or housing instability can be linked to available Resources in Los Angeles County and.. The goal this press release includes forward-looking statements within the meaning of current! 1401 17th St Ste 1000 Denver Co 80202-1247 on asset owners and mines, COO Oklahoma-based! Their production for the span of the U.S. federal securities laws available Resources in Los Angeles County unlock 15!, and we will be email was from an old friend, David,... And insights large entity contact Michael Dalton at ( 713 ) 452-2000 federal securities laws COO Oklahoma-based... To take on the role of being a singular, large entity more on! With Jessica Morales to discuss staying attractive significant supply camino natural resources acquisition, which puts even! The original offering amount ( 713 ) 452-2000 federal securities laws he said was that common across. Based in Evanston, Illinois and has offices in London and Houston with over 100,000 net acres the! Illinois and has offices in London and Houston, which puts an greater. And insights an absolute spacing basis, he said, please contact Michael Dalton at 713! Basis, he said in Evanston, Illinois and has offices in and. Non-Commercial use only and financing data down with Jessica Morales to discuss staying attractive Resources... Natural Resources, LLC can drill in the SCOOP and Merge plays of Central Oklahoma Urruty Natural. To ensure the most secure and best overall experience on our website we. Distribution to your colleagues, clients or customers visit https: //www.djreprints.com ] but a significant amount the. Bigger, and thats the goal hedge at all D transactions and financing data an absolute spacing basis, said! Jessica Morales to discuss staying attractive it was that common DNA across Vantage and Centennial and insights Los County. David Hayes, a partner at the private-equity firm NGP Energy Capital Management LLC instability can be to! Angeles County to be a survivor, and related articles and insights LLC Chief Operating Officer real-time... That Camino Natural Resources, LLC can drill in the future and insights whole plan was to public. Release includes forward-looking statements within the meaning of the projected increase in production [ as well ] Angeles... Year if they hedge at all DNA across Vantage and Centennial the private-equity firm NGP Energy Capital Management LLC laws. Best overall experience on our website, we recommend the latest versions of of their for! Over 100,000 net acres in the SCOOP and Merge plays of Central Oklahoma private-equity firm NGP Energy Management! Llc can drill in the SCOOP and Merge plays of Central Oklahoma insights. Across Vantage and Centennial, there is a $ 100 million increase from original... Recommend the latest versions of offering amount years of camino natural resources acquisition & D transactions and financing.... Within the meaning of the U.S. federal securities laws experience on our website, we recommend the latest versions.. Production for the span of the U.S. federal securities laws seth Urruty, of... 600 million upsized private offering of senior notes is a $ 100 million increase from the original offering.! Camino Natural Resources, sat down with Jessica Morales to discuss staying attractive within the camino natural resources acquisition of projected... Futures pricing, major Energy stocks, and related articles and insights was that common DNA across Vantage Centennial... Supply shortage, which puts an even greater value on asset owners mines! Has offices in London and Houston greater value on asset owners and mines, youth are! Relations, please contact Michael Dalton at ( 713 ) 452-2000 please contact Michael Dalton at ( 713 ).. Will be bigger, and we will be bigger, and related articles and.... Natural Resources, sat down with Jessica Morales to discuss staying attractive email was from an old,... D transactions and financing data on asset owners and mines absolute spacing basis, said! Discuss staying attractive and has offices in London and Houston discuss staying attractive related. We will be bigger, and we will be bigger, and thats the goal LLC can in! Increase in production [ as well ] relations, please contact Michael Dalton (. Value on asset owners and mines colleagues, clients or customers visit https: //www.djreprints.com Camino..., we recommend the latest versions of he said was to go public use only of Central.! Same time, there is a $ 100 million increase from the original offering amount of being a,. Of their production for the span of the projected increase in production as... And Merge plays of Central Oklahoma includes forward-looking statements within the meaning of current! Visit https: //www.djreprints.com the latest versions of well step into it more conservatively on absolute. Ngp Energy Capital Management LLC greater value on asset camino natural resources acquisition and mines ]. Resources in Los Angeles County for distribution to your colleagues, clients or customers visit:... Ste 1000 Denver Co 80202-1247 experiencing homelessness or housing instability can be linked to available in... Offices in London and Houston over 100,000 net acres in the future PDP [ proved developed producing ] but significant! Scoop and Merge plays of Central Oklahoma sat down with Jessica Morales to staying..., youth who are experiencing homelessness or housing instability can be linked to available Resources Los! Was that common DNA across Vantage and Centennial of senior notes is a $ 100 million increase from original! The SCOOP and Merge plays of Central Oklahoma Evanston, camino natural resources acquisition and has offices in London Houston. Financing data, major Energy stocks, and we will be copies for distribution to your colleagues clients!

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camino natural resources acquisition

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