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Brookside Energy Limited (ASX:BRK, OTC:RDFEF) has introduced Shane Gray as the chief financial officer (CFO) for both Brookside Energy and its subsidiary, Black Mesa Energy, LLC, located in Oklahoma.  Black Mesa is a mid-continent operator, which identifies opportunities and executes development for Brookside.  Both Brookside and Mesa are focused on opportunities in the #AnadarkoBasin in Oklahoma, which is recognised as a heavyweight among United States shale regions in terms of #oil and #NaturalGas production.   The basin has a long history of #OilandGas production with current production estimated to be in the order of 600,000 barrels of oil equivalent per day. More at #Proactive #ProactiveInvestors #ASX #OTC #BRK #RDFEF #Energy #EnergySolutions http://ow.ly/gENI104ZKim

Quantum Capital Group, a private equity company, agreed to acquire oil and gas operations from Oaktree Capital Management, L.P.-backed Caerus Oil and Gas LLC, a company that invest in conventional oil and gas properties, for $1.8bn. “As an active private energy investor, we recognize the important role of expanding access to clean and reliable energy in key markets across the United States. This transaction represents a unique opportunity for Quantum to invest in substantial natural gas production alongside large, contiguous acreage positions containing sizable hydrocarbon resources with significant value creation potential. We believe that KODA and QB Energy are well positioned to steward the next phase of development and operation of the Assets to serve responsibly natural gas demand centers in the western US while generating attractive returns for our investors," Tom Field, Quantum Partner. Quantum is advised by Vinson & Elkins and Joele Frank (led by Katherine Thompson). Caerus is advised by Bank of America, Evercore, Jefferies, Davis Graham & Stubbs LLP and Latham & Watkins. #MergersAcquisitionsDivestitures #OilAndGas #Energy

Hey Folks, Jay McGovern! McGovco Energy! Add some oil and gas wells to your investment portfolio! We have a couple points that might pop up this coming Monday in the next deal Alannah Gonzalez and I are drilling. Our plan is to spud the well at the end of next week or during the first week of March. This deal is a160-acre lease located in Nueces County, Texas. This lease is adjacent to another lease we currently hold under production since 2012. Notably, the wells on the HPB tract initially produced 107 barrels of oil per day (BOPD) and are presently yielding 30 BOPD with no water intrusion and no apparent decline. The region’s wells typically yield about 100 to 200 barrels of oil per day and have a successful track record across more than 12 productive zones. The potential of this prospect is significant, with projections of approximately 4.9 million barrels of oil and 0.8 BCF of gas. If you are interested email Alannah and I at [email protected] and [email protected]. Thanks for investing!! #investmentportfolio #cashflow #mailboxmoney #oilandgas #taxdeductions #oilprospects #McGovco #AusmexExploration #Cantwaittostartfishingagain #thanksforinvesting

Talos Energy, an oil and gas company, agreed to acquire QuarterNorth Energy, an oil and gas company, for $1.29bn. “Today’s announcement marks one of Talos’s most significant milestones as we build a large-scale offshore exploration and production company. The addition of QuarterNorth’s overlapping deepwater portfolio with valuable operated infrastructure will increase Talos’s operational breadth and production profile while enhancing our margins and cash flow,“ Timothy S. Duncan, Talos President and CEO. Talos Energy (led by Timothy S. Duncan) is advised by Intrepid Financial Partners, J.P. Morgan, Mizuho, PJT Partners and Akin Gump Strauss Hauer & Feld LLP. QuarterNorth is advised by Barclays and Holland & Knight LLP. #MergersAcquisitionsDivestitures #OilandGas #Energy

This #acquisition brings "low-cost producing assets with near and medium term expansion opportunities, located in a prolific, world-class #hydrocarbon basin in a stable and well-understood regulatory and fiscal jurisdiction. The transaction provides a number of strategic benefits to Karoon Energy including increased scale and both asset and geographic diversification,” according to Karoon’s Managing Director and CEO. #oilgas #energy #oilandgasnews #offshoreenergy #GulfofMexico #USA #oilandgas #offshore

Quantum Capital Group, a private equity firm, has completed the acquisition of Caerus Oil & Gas and is dividing Caerus' assets in Colorado and Utah between two of its portfolio companies. This deal highlights the growing interest of buyout firms in the oil and gas sector, which has seen a surge in deals following the post-Covid recovery in energy prices. Notably, this transaction is a rare instance of a secondary buyout in the U.S. oil and gas industry, as corporate buyers have traditionally been the ones acquiring private equity-backed energy assets.

Working interest in oil and gas investments offers a direct avenue to participating in the exploration, development, and production of oil and natural gas projects. It's a hands-on investment opportunity that allows investors to share in a project's potential profits and losses. With Vistia Capital, you gain access to our expertise in identifying promising oil and gas projects, ensuring informed decisions in this high-stakes field. Explore how a working interest can diversify your portfolio and potentially yield returns. https://bit.ly/3HE9NXZ #VistiaCapital #oilandgasinvestments #propertyinvesting #investmenthelp #propertyinvestor #investing

This article discusses: California Resources Corp., an oil production company, has announced its plans to acquire Aera Energy LLC in a significant $2.1 billion deal. The transaction is part of a wave of consolidation within the energy sector as companies seek to improve their resilience and strategic positioning. With this acquisition, California Resources aims to strengthen its industry presence and optimize its operations. #OilIndustry #EnergyMergers #CaliforniaResources #AeraEnergy. How might this acquisition impact the broader energy sector and competition among oil producers? https://lnkd.in/gG7X9Yt4 https://lnkd.in/grR3UVr4 ---------------------------------- Go Rogue and focus on the WHY on Energy Markets…. Rogue Edge® Members already know…. Sign up here: https://lnkd.in/gvPx5WDr About Energy Rogue: https://energyrogue.com/ Energy Rogue® provides a state of the art fundamental and technical analytics platform for the energy industry focused on Oil, Natural Gas, Power and Natural Gas Liquids. Risk ---------------------------------- If you want to learn more: 1. drop us a line at [email protected] 2. join Rogue Edge TODAY: https://lnkd.in/gvPx5WDr Disclaimer - The summary and image provided here are generated using artificial intelligence (AI) based on the content of the original article.

On May 28, 2024, Energy Transfer Partners LP announced a definitive agreement that will see Energy Transfer acquire WTG Midstream Holdings LLC in a $3.25 billion transaction. Currently owned by Stonepeak Infrastructure, Diamondback Energy, and affiliates of the estate of J.L. Davis, the acquisition will bring a 6,000-mile natural gas pipeline system into the fold in Martin; Howard; Upton; Reagan and Irion Counties, Texas and eight gas processing plants with a total capacity of 1.3 Bcf/d of natural gas. Two more plants will open the third quarter of 2024 and the third quarter of 2025, respectively. WTG’s assets will bring increased access to growing supplies of natural gas and NGL volumes in the Midland Basin as well as a 20% interest in the 425-mile, NGL-carrying BANGL Pipeline and its access to Gulf Coast markets. The transaction is expected to close in the third quarter of 2024. #acquistion #MAPSearch #ENvision #gis #pipeline

There’s been a frenetic scramble among oil and gas producers lately to acquire top-tier acreage and production assets they think they will need to survive and thrive. Some of that is still being done through smaller deals, but the expansion mode of choice for most has been big-time M&A. In today’s blog, we discuss Devon Energy’s recently announced $5 billion acquisition of Grayson Mill Energy, yet another private-equity-backed E&P cashing in on the smart moves it had been making. https://lnkd.in/gDCHpYjG