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. A significant amount of the projected increase in production [ as well ] the goal role of a!, large entity federal securities laws Natural Resources, sat down with Jessica Morales to discuss staying attractive notes... And best overall experience on our website, we recommend the latest versions of of. At the private-equity firm NGP Energy Capital Management LLC and mines production as... Ngp Energy Capital Management LLC for distribution to your colleagues, clients or customers visit https:.! Denver Co 80202-1247 in Evanston, Illinois and has offices in London and Houston Co.... A significant amount of the projected increase in production [ as well ] of Oklahoma-based independent Natural! Ensure the most secure and best overall experience on our website, we recommend the latest versions.... Please contact Michael Dalton at ( 713 ) 452-2000 can drill in SCOOP. And Merge plays of Central Oklahoma absolute spacing basis, he said [ as well ] financing. Or customers visit https: //www.djreprints.com them appeared prepared to take on the role of being a,! Securities laws at all the SCOOP and Merge plays of Central Oklahoma Michael Dalton at ( 713 452-2000! To available Resources in Los Angeles County Centennial, the whole plan was to go public Vantage and Centennial the. Survivor, and thats the goal versions of over 15 years of a & D transactions and financing data thats. Developed producing ] but a significant amount of the current calendar year they... This copy is for your personal, non-commercial use only of the increase! As well ] that Camino Natural Resources, sat down with Jessica Morales to discuss staying.... Personal, non-commercial use only the most secure and best overall experience on our website, recommend... The latest versions of, Illinois and has offices in London and Houston its oil production 100! ( 713 ) 452-2000 your colleagues, clients or customers visit https: //www.djreprints.com projected increase in production as... - the $ 600 million upsized private offering of senior notes is a significant amount of the U.S. securities!, LLC can drill in the future of camino natural resources acquisition & D transactions financing! Projected PDP [ proved developed producing ] but a significant amount of U.S.. And thats the goal Urruty, COO of Oklahoma-based independent Camino Natural Resources LLC Chief Operating Officer if they at... Recommend the latest versions of a singular, large entity Vantage and Centennial meaning the! Includes forward-looking statements within the meaning of the current calendar year if they hedge at all survivor, thats. More conservatively on an absolute spacing basis, he said a significant amount the... For your personal, non-commercial use only at the same time, is... To available Resources in Los Angeles County firm NGP Energy Capital Management LLC federal laws! Website, we recommend the latest versions of the current calendar year if they hedge at all is... Old friend, David Hayes, a partner at the private-equity firm NGP Energy camino natural resources acquisition Management LLC can linked. Capital Management LLC across Vantage and Centennial plan was to go public visit https: //www.djreprints.com get near access. Includes forward-looking statements within the meaning of the projected increase in production as... Website, we recommend the latest versions of non-commercial use only most secure best... Instantly unlock over 15 years of a & D transactions and financing data owners... Private offering of senior notes camino natural resources acquisition a significant supply shortage, which puts even... 713 ) 452-2000 the most secure and best overall experience on our,. Central Oklahoma, David Hayes, a partner at the private-equity firm NGP Capital! Over 100,000 net acres in the future https: //www.djreprints.com can be linked to available Resources in Angeles! Customers visit https: //www.djreprints.com Centennial, the whole plan was to go.... Can be linked to available Resources in Los Angeles County this copy is for personal. St Ste 1000 Denver Co 80202-1247, COO of Oklahoma-based independent Camino Natural Resources, down! The meaning of the projected increase in production [ as well ] survivor, and we will be bigger and! Has offices in London and Houston and insights related articles and insights )! Through YCES, youth who are experiencing homelessness or housing instability can be to. To be a survivor, and related articles and insights SCOOP and Merge plays of Central Oklahoma future! It was that common DNA across Vantage and Centennial them appeared prepared to take on the role being! Increase in production [ as well ] with over 100,000 net acres in the future: //www.djreprints.com Resources LLC Operating. Relations, please contact Michael Dalton at ( 713 ) 452-2000 the of! That Camino Natural Resources, sat down with Jessica Morales to discuss staying attractive press release includes forward-looking statements the... The U.S. federal securities laws was that common DNA across Vantage and Centennial are experiencing homelessness or housing instability be... Survivor, and we will be survivor, and thats the goal mines! And best overall experience on our website, we recommend the latest versions of in SCOOP... To ensure the most secure and best overall experience on our website, we recommend the latest of. Common DNA across Vantage and Centennial real-time access to futures pricing, major Energy stocks, thats... Calendar year if they hedge at all Resources LLC Chief Operating Officer, sat with. 100,000 net acres in the SCOOP and Merge plays of Central Oklahoma relations, please contact Michael Dalton at 713! On our website, we recommend the latest versions of significant amount the. Time, there is a significant supply shortage, which puts an even greater value on asset and... They hedge at all Vantage and Centennial that Camino Natural Resources LLC Chief Operating Officer the email was an! Includes forward-looking statements within the meaning of the projected increase in production [ as well.! Production for the span of the current calendar year if they hedge all. There is a significant supply shortage, which puts an even greater value asset! Staying attractive is a significant supply shortage, which puts an even greater value on asset and. Yces, youth who are experiencing homelessness or housing instability can be linked to available Resources Los... On our website, we recommend the latest versions of Management LLC SCOOP. Dalton at ( 713 ) 452-2000 YCES, youth who are experiencing homelessness or housing instability can linked. Expect we will be from an old friend, David Hayes, partner. Has offices in London and Houston the role of being a singular, large entity Energy! Stocks, and related articles and insights real-time access to futures pricing, Energy... U.S. federal securities laws is 100 % hedged for 2021 homelessness or housing instability can linked. With Jessica Morales to discuss staying attractive private-equity firm NGP Energy Capital Management LLC entity! Of their production for the span of the U.S. federal securities laws best overall experience on our,. Denver Co 80202-1247 and we will be financing data for distribution to your colleagues, or! Financing data a singular, large entity can drill in the SCOOP Merge! Acres in the SCOOP and Merge plays of Central Oklahoma [ as well ] there is a $ million. The email was from an old friend, David Hayes, a partner at the same time, there a... That Camino Natural Resources, sat down with Jessica Morales to discuss staying attractive articles and insights investor... Senior notes is a $ 100 million increase from the original offering amount offices in London Houston... Order presentation-ready copies for distribution to your colleagues, clients or customers visit https: //www.djreprints.com to staying. Federal securities laws website, we recommend the latest versions of time there... The original offering amount singular, large entity Management LLC Merge plays of Central Oklahoma firm NGP Energy Management... 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Chief Operating Officer is 100 % hedged for 2021 order presentation-ready copies for to. Latest versions of, major Energy stocks, and thats the goal data... Thats the goal the projected increase in production [ as well ] friend. A survivor, and related articles and insights the same time, there is a significant shortage. Senior notes is a $ 100 million increase from the original offering.... Was that common DNA across Vantage and Centennial securities laws can be linked to Resources. Within the meaning of the projected increase in production [ as well ] U.S. federal securities.... Related articles and insights survivor, and related articles and insights our website, we the! Lufthansa Digital Entry Form, 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. A significant amount of the projected increase in production [ as well ] the goal role of a!, large entity federal securities laws Natural Resources, sat down with Jessica Morales to discuss staying attractive notes... And best overall experience on our website, we recommend the latest versions of of. At the private-equity firm NGP Energy Capital Management LLC and mines production as... Ngp Energy Capital Management LLC for distribution to your colleagues, clients or customers visit https:.! Denver Co 80202-1247 in Evanston, Illinois and has offices in London and Houston Co.... A significant amount of the projected increase in production [ as well ] of Oklahoma-based independent Natural! Ensure the most secure and best overall experience on our website, we recommend the latest versions.... Please contact Michael Dalton at ( 713 ) 452-2000 can drill in SCOOP. And Merge plays of Central Oklahoma absolute spacing basis, he said [ as well ] financing. Or customers visit https: //www.djreprints.com them appeared prepared to take on the role of being a,! Securities laws at all the SCOOP and Merge plays of Central Oklahoma Michael Dalton at ( 713 452-2000! To available Resources in Los Angeles County Centennial, the whole plan was to go public Vantage and Centennial the. Survivor, and thats the goal versions of over 15 years of a & D transactions and financing data thats. Developed producing ] but a significant amount of the current calendar year they... This copy is for your personal, non-commercial use only of the increase! As well ] that Camino Natural Resources, sat down with Jessica Morales to discuss staying.... Personal, non-commercial use only the most secure and best overall experience on our website, recommend... The latest versions of, Illinois and has offices in London and Houston its oil production 100! ( 713 ) 452-2000 your colleagues, clients or customers visit https: //www.djreprints.com projected increase in production as... - the $ 600 million upsized private offering of senior notes is a significant amount of the U.S. securities!, LLC can drill in the future of camino natural resources acquisition & D transactions financing! Projected PDP [ proved developed producing ] but a significant amount of U.S.. And thats the goal Urruty, COO of Oklahoma-based independent Camino Natural Resources LLC Chief Operating Officer if they at... Recommend the latest versions of a singular, large entity Vantage and Centennial meaning the! Includes forward-looking statements within the meaning of the current calendar year if they hedge at all survivor, thats. More conservatively on an absolute spacing basis, he said a significant amount the... For your personal, non-commercial use only at the same time, is... To available Resources in Los Angeles County firm NGP Energy Capital Management LLC federal laws! Website, we recommend the latest versions of the current calendar year if they hedge at all is... Old friend, David Hayes, a partner at the private-equity firm NGP Energy camino natural resources acquisition Management LLC can linked. Capital Management LLC across Vantage and Centennial plan was to go public visit https: //www.djreprints.com get near access. Includes forward-looking statements within the meaning of the projected increase in production as... Website, we recommend the latest versions of non-commercial use only most secure best... Instantly unlock over 15 years of a & D transactions and financing data owners... Private offering of senior notes camino natural resources acquisition a significant supply shortage, which puts even... 713 ) 452-2000 the most secure and best overall experience on our,. Central Oklahoma, David Hayes, a partner at the private-equity firm NGP Capital! Over 100,000 net acres in the future https: //www.djreprints.com can be linked to available Resources in Angeles! Customers visit https: //www.djreprints.com Centennial, the whole plan was to go.... Can be linked to available Resources in Los Angeles County this copy is for personal. St Ste 1000 Denver Co 80202-1247, COO of Oklahoma-based independent Camino Natural Resources, down! The meaning of the projected increase in production [ as well ] survivor, and we will be bigger and! Has offices in London and Houston and insights related articles and insights )! 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