Saturday, January 4, 2025

Silver Run Jumps into the Delaware with Acquisition of 89% Interest in Centennial Resources

Former EOG CEO Mark Papa completes acquisition of Delaware Basin pure-play Centennial Resources Silver Run Acquisition Corporation announced today that it completed its acquisition of an 89% controlling interest in Centennial Resource Production, a pure-play Delaware Basin company with 42,500 net acres primarily in Reeves and Ward counties, Texas. Silver Run bought Centennial from an affiliate of Riverstone Holdings LLC.

OPEC prepares for its 171st meeting to decide on production cuts

Saudi Aramco IPO to Include Upstream Business, Not Just Downstream

Information about Saudi Aramco IPO advisors to be released soon Saudi Aramco plans to sell shares in its entire business, the company’s CEO Amin Nasser said. When the IPO was originally announced, there was speculation that the kingdom might only seek to sell shares in the downstream operations of the world’s biggest oil company. The company plans to list shares