Thursday, November 28, 2024
APA announces agreement for $950 million asset sale of non-core properties in the Permian Basin- oil and gas 360

APA announces agreement for $950 million asset sale of non-core properties in the Permian Basin

Oil and Gas 360 HOUSTON, Sept. 10, 2024 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq: APA) announced today entry into an agreement for the sale of non-core producing properties in the Permian Basin to an undisclosed buyer for $950 million, prior to customary closing adjustments. The properties are located in the Central Basin Platform, Texas and New Mexico Shelf, and Northwest

Post Oak Minerals acquires $475 million in Permian basin assets- oil and gas 360

Post Oak Minerals acquires $475 million in Permian basin assets

World Oil (WO) — Post Oak Minerals V, an affiliate of Post Oak Energy Capital LP, has completed 10 acquisitions valued at over $475 million since early 2024, primarily focusing on the Permian basin. The acquisitions include over 28,400 net royalty acres (NRA) of mineral and royalty interests, with 27,400 NRA located in the Permian basin. The remaining assets are

Diamondback looks to sell Permian basin assets for $1 billion- oil and gas 360

Diamondback looks to sell Permian basin assets for $1 billion

World Oil (Bloomberg) – Diamondback Energy Inc. is looking to sell non-core assets in the western Permian Basin as the oil producer looks to cash in on an increasingly active deal market in U.S. shale.   The company is working with a financial adviser to seek a buyer for assets around Pecos County, Texas according to people familiar with the

Ring Energy announces agreement to acquire Stronghold's Permian Basin assets- oil and gas 360

Ring Energy announces agreement to acquire Stronghold’s Permian Basin assets

Oil and Gas 360 Publisher’s Note: Ring Energy will be presenting at EnerCom Denver-The Energy Investment Conference on August 7-10, 2022. Register to attend. THE WOODLANDS, Texas, July 05, 2022 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced it has entered into an agreement to acquire (the “Transaction”) the assets of privately-held Stronghold