Thursday, January 30, 2025

Permian Power: Apache and Kayne Anderson Birth a $3.5-Billion Midstream Corporation

New company Altus Midstream will provide midstream ops for Apache’s Alpine High Apache Corp (ticker: APA) and Kayne Anderson Acquisition Corp (ticker: KAAC) announced today they will combine midstream assets, forming a $3.5 billion pure-play Permian midstream player. The combined company, called Altus Midstream, will be publicly traded. Altus’ primary asset will be Apache’s Alpine High gathering and processing systems,

Heard on The Call: Bonanza Creek Energy

Heard on The Call: Bonanza Creek Energy Bonanza Creek Energy is presenting at the EnerCom Conference on Wednesday, August 22nd in Denver. Bonanza Creek Energy Inc. reported Q2 results today and elaborated on its DJ Basin operations during the company’s Q2 2018 earnings call held August 9. Excerpts from the call are below. Second quarter sales volumes averaged 18.0 MBoe per