Monday, December 23, 2024

Drilling Deeper Into the Bill Barrett Fifth Creek Deal

Bill Barrett Corporation (ticker: BBG) announced a merger with Fifth Creek Energy yesterday, creating a company with more than $1 billion in initial equity value. Bill Barrett held a conference call today, allowing investors to examine the specifics of the deal, and what the pro forma company will look like. Fifth Creek’s assets Fifth Creek owns about 81,000 acres in

Permian - Delaware Basin Action Virtually Nonstop Since Oct. 1

Can Anything Stop the Permian?

Another 560 MBOPD production growth in 2017 The Permian has experienced massive production growth this year, adding more than 560 MBOPD with no signs of slowing down. Companies in the Permian expect to grow even more next year, further cementing the basin as the premier U.S. shale play. This relentless growth has led investors to wonder, what, if anything, can

Bakken: Davis Refinery Update

The plant will have emissions so low it won’t require an EPA permit – Meridian Energy Group, Inc. Davis Refinery 49,500 bpd state-of-the-art crude oil refinery, over 700 acres of land near Belfield, N.D. The Burlington Northern Santa Fe rail line runs directly through the refinery site, facilitating the construction of a crude oil feedstock offloading and refined fuels uploading