Scale is seen as part of the longer model for private equity in the oil and gas space. Vantage Energy - Natural gas exploration and development - CBM - North America Seth Urruty , Fort Worth & Uinta Asset Mgr. When the play overheated in 2017, operators pulled away from the core, trying to findproductive extensions to widen the footprint. It employs 21-50 people and has $10M-$25M of revenue. Track new and recompletion permits by: well name, class, (Oil, Gas, etc) county, state, operator, permit date and, status, API, lease information, and legal description, Rig Locations Map / Database: Updated Weekly, Search and view rig locations by: operator, well name, county, state, and wellbore type, Search for the number of wells planned to drill / complete, rigs, lateral lengths, and frac stages. October 22,2019 : Camino Natural Resources LLC completed the CORA MAE 0506 10-15-1MH well in Grady,OK . 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. Information on assets, buyers and sellers, deal values, and more. It still has those same characteristics, he said. (Recasts with Pioneer denying report of acquisition interest) Feb 24 (Reuters) -. It will probably run about flat this year, but were really not aiming to be flat. It was an opportunity for the Camino team and its investors that wouldnt arise somewhere like the Permian Basin, where many billion-plus dollar private-equity-backed operators reside. Camino has drilled about 10 wells to date that offset either another operators well across the lease line or one of its own. The Woodford is thick in northwest Canadian County where the Cana Field resides. 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. CO . 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. currently ranked #6 in the state of Oklahoma based on a total production Today, Camino holds about 118,000 net acres in the STACK/SCOOP/Merge and is producing about 40,000 boe/d. With backing from private equity firm Natural Gas Partners, Camino is pursuing a growth strategy, according to the company website. China Natural Resources, Inc. (NASDAQ: CHNR), a British Virgin Islands corporation, through its operating subsidiaries in the People's Republic of China (the "PRC"), is currently engaged in the wastewater treatment industry in the PRC, and the acquisition and exploitation of mining rights in Inner Mongolia, including preliminary exploration for nickel, lead, silver and other nonferrous metal, and is actively exploring further business opportunities in the healthcare sector, natural resources sector and other sectors. All rights reserved. He was there on assignment with Pioneer Natural Resources Co. while working as a managing director for investment bank Tudor, Pickering, Holt & Co. . Even as it reviewed deals, it studied what made each play tickthe natural drivers. 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. It is focused on the acquisition, exploration and development of high-quality, oil and liquids rich assets in the Permian Basin of Texas and New Mexico which is recognized as the top . To last longer, you need to be financially conservative, frankly, and create optionality. Camino purchased the SCOOP and Hoxbar oil trend assets of Ward Energy Partners LLC, a subsidiary of Ward Petroleum Corp. Around the same time, NGP-backed companies Rebellion Energy LLC and 89 Energy Holdings LLC contributed assets in the SCOOP and Merge for Camino equity. Media; Contact Us; Partner Login; Category: Oil & Gas Acquisitions & Development. Click here to Upgrade And Get Immediate Access. 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. DALLAS (PRWEB) February 13, 2018 Archeio Technologies (Archeio) announces that Camino Natural Resources, LLC (Camino), one of the largest privately held energy producers in Oklahoma, has selected its cloud-based oil & gas document management software. Certain folks had views that they were independent petroleum systems and you could stack wells, or drill Woodford wells and then come on top and drill lower Mississippian, and not have interference. Aprieta el botn (profesores) Esta actividad est diseada para la fase 4. The company made its first acquisition in the middle of 2017. 2023-02-27 - Retired NGP co-founder Ken Hersh shares lessons learned in the energy private equity firms first 28 years, green lights and red lights, growing a new investment class and repotting plants. For Inquiries concerning division orders or revenue payments, please feel free to utilize our phone inquiry line, mailing address, email address, or online option below. 1401 17th Street, Suite 900 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). Win whats next. When the original SCOOP area started around 2012, it was right atop of the very thick Woodford. Editor's note: Updated Sept. 3, 2019. Mr. Ward Polzin is the Founder and serves as Co-Chief Executive Officer at Camino Natural Resources. of N/A. the state. By April 2014. You lose pressure when you move to the east. that Camino Natural Resources, Llc can drill in the future. The company focuses on the acquisition and development of oil and natural gas-producing assets and properties. Camino Natural Resources, LLC ("Camino") is an independent oil and natural gas company with assets in the core of the SCOOP and Merge plays in Oklahoma. Consolidation in our industry has never been more essential than it is today, making this a particularly timely and important next phase of growth for Bison's water midstream business. 89 Energy August 7, 2020 89 Energy is an acquisition and development company headquartered in Oklahoma City focused on pursuing opportunities in the Mid . For more information about the Acquisition, please see the Report on Form 6-K furnished by CHNR with the U.S. Securities and Exchange Commission (the "SEC") on February 28, 2023. Denver, Colorado. Its an output, not an input. 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. Cody Campbell and John Sellers, Co-CEOs of DoublePoint said, We are proud and appreciative of the work that our team has done to build a company and an asset base that is unparalleled in quality and truly cannot be replicated. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Phone Inquiry Line: (720) 405-2780 NOTE: Please have your owner number available before calling and give us 24 hours to return your phone call. Thats been a negative for our play. NAPE: Chesapeake CEO Lawler Aims For 'All's Well That Ends Well' Ward Energy Partners Sells Scoop, Hoxbar Assets, This content is locked until you subscribe. At the same time, there is a significant supply shortage, which puts an even greater value on asset owners and mines. USD. The culmination of these deals brought Caminos holding to roughly 100,000 acres split evenly between the SCOOP and the Merge. Polzin was in charge of the newly-renamed Centennial Resource Development Inc. FORT WORTH, Texas--(BUSINESS WIRE)--Double Eagle III Midco 2 LLC (the Company or Double Eagle), wholly owned by DoublePoint Energy, LLC (DoublePoint), announced that it has entered into a definitive purchase agreement to sell all leasehold interests, subsidiaries and related assets to Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer"). Access to in-depth interviews with industry insiders. I think capacity is important, both equity and debt.. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Bison now operates more than 15 long-term dedications covering an ~12 million-acre area spanning the entire Anadarko Basin. After closing, existing Pioneer shareholders will own approximately 89% of the combined company and existing DoublePoint owners will own approximately 11% of the combined company. Vinson & Elkins LLP and Alston & Bird LLP are serving as legal advisors to Double Eagle. We were certainly giving up upside but reducing our downside.. Listed by HONGHUA SHANG DRE #01833183 GREAT WALL REALTY, INC. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. Instantly unlock over 15 years of A&D transactions and financing data. The same year, a Marcellus producer, Vantage Energy Inc., was purchased by Rice Energy Inc. for $2.7 billion. We certainly werent anticipating this tough of one, but thank goodness we were already making moves to do better in a tougher market. Total 4 lots, 564, 582, 604 Camino De Teodoro Walnut, CA 91789 APN: 8722-019-025, 8722-019-028, 8722-019-029, 8722-019-033. It got drilled too tightly, and there were really high expectations. 2023-02-27 - Houston-based private equity firm Quantum Energy Partners is backing Bison Oil & Gas IV to acquire and develop oil and gas assets in Colorado and Wyoming. When typing in this field, a list of search results will appear and be automatically updated as you type. The per barrel cost to develop in the region swelled to the upper-$40 range by some estimates. IP from the ABEL well was 18 MMcf/d of natural gas and 450 bbl/d of oil with a high NGL cut. Caminos Cora Mae 10-15-1WH well is located in Grady County, Okla. Camino has drilled someof the SCOOPs top wells. investorrelations@depermian.com, Internet Explorer presents a security risk. Operator of an independent oil and natural gas company operating in the Central Oklahoma region. 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. DoublePoint is a Fort Worth, Texas based upstream oil and gas company, led by the Double Eagle management team in partnership with FourPoint Energy. We had a track record with our previous companies of improving EURs and production rates, reducing costs and getting full cycle returns out of that, Polzin said. 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. Denver, CO 80202 From its earliest days, Camino was organized and run like a public company; scale was going to be important as the headwinds facing the industry stiffened. 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 . The last thing were worried about is production growth, Polzin said. He and his team navigated Centennial through the ebb and flow of 2014 and 2015, successfully driving costs down and productivity up, and began positioning the company to go public. Camino Natural Resources retained EnergyNet for the sale of three separate packages of operated and nonoperated opportunities in the Midcontinent region located in Central Oklahoma, the Anadarko Basin and the Mississippi Lime play. DENVER , But how does a company headquartered in the Rockies and filled with veterans of the Permian and Marcellus shales end up with an appetite for acreage in western Oklahoma? It is also fortunate to be able to continue paying down debt. Camino Natural Resources is based in Denver, Colorado. Jan 26 2023. 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