View original content:https://www.prnewswire.com/news-releases/china-natural-resources-announces-strategic-acquisition-of-lithium-mine-in-zimbabwe-301757390.html, https://www.prnewswire.com/news-releases/china-natural-resources-announces-strategic-acquisition-of-lithium-mine-in-zimbabwe-301757390.html, Novavax to pause RSV vaccine trial, assess pipeline, Ex-US congressman 'abused trust' to trade before mergers, prosecutor says, WRAPUP 1-Fed officials debate higher vs. just longer after January inflation jump, 'Enough pollution' in minority area eyed for NJ power plant, UPDATE 1-HSBC activist shareholder demands AGM vote on Asia business spin-off. With backing from private equity firm Natural Gas Partners, Camino is pursuing a growth strategy, according to the company website. Feb. 27, 2023. Buyer Type (PE or Strategic) . The Company will pay an aggregate of US$35 million by way of promissory notes and/or cash as a deposit if it chooses to proceed with the Acquisition after completion of due diligence, and an aggregate of US$140 million by way of promissory notes and/or cash as an initial installment. Camino is headquartered in Denver, Colorado. Camino Natural Resources, LLC ("Camino") is an independent oil and natural gas company operating in the core of the SCOOP and Merge plays of Central Oklahoma. Double Eagle built a truly world-class business through strong execution and unmatched creativity. They are an independent oil and natural gas company operating in the core of the SCOOP and Merge plays of Central Oklahoma. Weve tried to focus in those areas as well, whether its STACK, SCOOP or Merge. currently ranked #6 in the state of Oklahoma based on a total production Popular Searches Camino Paving Camino Paving Inc Camino Natural Resources LLC Camino Resources Camino Resources LLC Revenue $20.7 M Employees 37 Founded 1976 We were anticipating a tough market. The deals left a pair of veteran leadership teams without a home. [With] every well we drill, were learning, and were trying to improve and advance, but you have to be cautious that you havent drilled too many wells at a well density or a landing before you have technical certainty on the EURs and well productivity, Urruty said. GIS Manager. It was challenging drilling for the new operator right out of the gate and resulted in a series of tool failures and lessons learned, but ultimately it became one of the SCOOPs better wells. Year of Investment. So we said lets try it again. USD. It still has those same characteristics, he said. the state. Aprieta el botn (profesores) Esta actividad est diseada para la fase 4. The rumor mill kicked into overdrive on Friday when Bloomberg published an article saying Pioneer Natural Resources Co., one the largest independent oil producers in the U.S., is considering (negotiating for) an acquisition of Marcellus driller Range Resources Corp., according to "people familiar with the matter.". Search 176,552 Deals Now. With over 100,000 net acres, Camino is pursuing a growth strategy with a focus on strong technical analysis, industry leading well results, attractive investment returns and a conservative balance sheet. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. With over 100,000 net acres in the SCOOP and Merge plays of Central Oklahoma. 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. Corporate Development Investor Relations Editor's note: Updated Sept. 3, 2019. Generally, forward-looking statements do not relate strictly to historical or current facts and may include words such as believes, will, expects, anticipates, intends or similar words or phrases. Independent oil and natural gas acquisition and development company. The child wells are right in line on average with our type curve expectations, Urruty said. For more information on Quantum, please visit www.quantumep.com. investorrelations@depermian.com, Internet Explorer presents a security risk. Oil and Gas Acquisition and Development. Vantage Energy - Natural gas exploration and development - CBM - North America Seth Urruty , Fort Worth & Uinta Asset Mgr. 2023 Hart Energy. Camino Natural Resources Profile: Midcontinent Mover, Meritorious Awards for Engineering Innovation (MEAs), Gulf of Mexico Energy Transformation Conference, Meritorious Awards for Engineering Innovation (MEA), Crestwood Midstream Announces Upsized Private Offering of $600 Million, Quantum Energy Partners Commits $500 Million for D-J Basin Deals, Asset Development, Diamondback Doubles Asset Sales Target to $1B, Reveals More Midland M&A, North Hudson Launches $275 Million Oil, Gas Credit Fund, Oil and Gas Investor Magazine - June 2020. NEW YORK, Nov. 30, 2020 /PRNewswire/ -- Far Peak Acquisition Corporation (the "Company") announced today that it has commenced its initial public offering ("IPO") of . We were able to almost immediately apply some of our completion beliefs and do some testing with slightly larger water and sand concentrations, but [we focused] mainly [on] optimization around the types of sand and the types of fluids that we believed were appropriate.. Seth Urruty Camino Natural Resources LLC Chief Operating Officer. 9581 Retreat Pl; 9318 Hellman . 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"). Database of selected U.S. and international exploration wells. Our assets. By April 2014. of performance.. Camino is headquartered in Denver, Colorado. Subscribe to the magazinehere. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Camino Natural Resources. Instead, former EOG Resources Inc. CEO Mark Papa and his Silver Run special purpose acquisition company came calling in mid-2016, eager for an entry into the Delaware. Camino Natural Resources Apr 2019 - Present3 years 4 months Greater Denver Area Reservoir studies, petrophysical models for reservoir characterization, simulation modelling, pvt analysis.. Under the Sale and Purchase Agreement, it is expected that the Company will indirectly acquire all interests in Williams Minerals in the second fiscal quarter of 2023, and that the Company's "ownership" (as defined in the Sale and Purchase Agreement) of the Zimbabwean lithium mine will vest cumulatively, region by region from 2024 through 2026, contingent upon the issuance of independent technical reports and the Company's full settlement of the purchase consideration in cash and restricted shares. 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. A searchable database of oil and gas debt and equity offerings. . Merge with some other companies, maybe. From 1986 to 1988, he was a financial analyst in the Mergers & Acquisition Department of Morgan Stanley & Company. (SOURCE:CAMINO NATURAL RESOURCES LLC), [Editor's note: A version of this story appearsin the June 2020 edition ofOil and Gas Investor. By having scale we have a large lending capacity with our senior lenders. 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. Oct 25, 2013. vantageenergy.com . Pushing the STACK northwest and northeast did not yield the same results. Founded in 1998, Quantum Energy Partners is a leading provider of private equity capital to the global energy industry, having managed together with its affiliates more than $17 billion in equity commitments since inception. Its oil production is 100% hedged for 2021. Through YCES, youth who are experiencing homelessness or housing instability can be linked to available resources in Los Angeles County. In late 2019, Camino was running three rigs on its western Oklahoma acreage. Ultimately there are different ways to frac wells and drill wells, but it is still the same concepts and you can apply what youve learned everywhere, he said. Get near real-time access to futures pricing, major energy stocks, and related articles and insights. Reproduction in whole or in part, in any form or medium without express written permission is prohibited. https://www.wsj.com/articles/ngp-energy-capital-consolidates-three-portfolio-companies-11590528877. from 208 actively producing wells in New Listings in 91730. The company is headquartered in Mountain View, California. Reproduction in whole or in part, in any form or medium without express written permission is prohibited. We were already decelerating before the big move, 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. Unauthorized distribution, transmission or republication strictly prohibited. Scale is seen as part of the longer model for private equity in the oil and gas space. There will always be room for the small, entrepreneurial, focused company, but we think we need to position ourselves to be a larger private. 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 attractive investment returns. You have multiple zones. Denver, Colorado. 34.73. [We found] the sweet spot runs southeast to northwest in our basin. By the end of January 2018, Camino closed its fourth acquisitionthe purchase of Chesapeake Energy Corp.s Merge position. Managed the construction, integration, and deployment of Camino's SQL data warehouse utilizing Conduit Energy's . CO . 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. The email was from an old friend, David Hayes, a partner at the private-equity firm NGP Energy Capital Management LLC. We thought it had a lot of running room, and we wanted to go big again. We hope to do some deals., Hayes added, They are very well hedged. He is a Venture Partner of the NGP funds and brings a wealth of over 35 years of leadership, engineering, commercial, and investing experience in the energy industry. SEARCH BY. Mr. Ward Polzin is the Founder and serves as Co-Chief Executive Officer at Camino Natural Resources. It is also fortunate to be able to continue paying down debt. I expect we will be bigger, and thats the goal. Camino knew the area was complex. 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 . Seth Urruty, COO of Oklahoma-based independent Camino Natural Resources, sat down with Jessica Morales to discuss staying attractive. 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? With Centennial, the whole plan was to go public. The Company may issue restricted CHNR shares at a discount to the market price to secure a portion of the required capital. The company has an estimated daily production OKLAHOMA CITY, Oct. 8, 2020 /PRNewswire/ -- Bison, Oklahoma's largest water infrastructure, logistics and technology solutions provider, today announced its acquisition of Woody Creek Midstream, a water midstream company in the SCOOP anchored by a +15-year gathering agreement with Casillas Petroleum Resource Partners. The deals left a pair of veteran leadership teams without a home yield! May issue restricted CHNR shares at a discount to the market price to secure portion! The required Capital order multiple copies, please visit www.quantumep.com, 2019 we will be,.: Updated camino natural resources acquisition 3, 2019 Explorer presents a security risk as part of the required.... As Co-Chief Executive Officer at Camino Natural Resources wanted to go public Energy. Are an independent oil and Natural gas company operating in the oil and Natural gas acquisition and development.. 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