camino natural resources acquisition

Now, the new world order is like the old world order on steroids. Track A&D/M&A transactions by: buyer, seller, deal value, production, reserves, acreage, price per BOE, Access select maps from operator presentations for acreage, acquisitions, trends, and more, Track the latest well results and performance from operators in the Permian-basin, Track spending quarter by quarter as operators adjust spending throughout the year, Property Listings (Assets for sale by Operator, State, County, Region, Type), Still not sure? +2.24 +6.89%. 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. Provided by EnergyNet. When the play overheated in 2017, operators pulled away from the core, trying to findproductive extensions to widen the footprint. It will probably run about flat this year, but were really not aiming to be flat. Pioneer Natural Resources Company (NYSE:PXD) is considering an acquisition of Range Resources Corporation (NYSE:RRC), according to people familiar with the the matter. The firm is based in Evanston, Illinois and has offices in London and Houston. Mr. Ward Polzin is the Founder and serves as Co-Chief Executive Officer at Camino Natural Resources. Can you talk about how outsourcing your owner support helps your internal team align with the company's strategy of being efficient? Search 176,552 Deals Now. Aprieta el botn (profesores) Esta actividad est diseada para la fase 4. 1 min read. Centennial was sold to Silver Run later that year. You gain pressure to the west, but you lose oil. We think this is going to be a rough environment through 2021. Oil and gas explorer Pioneer Natural Resources Co said on Friday that it . Under these agreements, Bison will exclusively manage each company's water infrastructure within their respective portions of the combined ~1.5 million-acre dedicated area across Grady, McClain, Garvin and Canadian counties. DENVER , currently ranked #6 in the state of Oklahoma based on a total production of 18,153,600 barrel of oil equivalent For each region of the lithium mine, until the Company's ownership vests, the Sellers will maintain legal possession and control, including the right to exploration, sales of lithium, and the revenue derived therefrom, as well as liability for operational costs and third-party claims. Areas of Operations. IP from the ABEL well was 18 MMcf/d of natural gas and 450 bbl/d of oil with a high NGL cut. Apollo is a leading global alternative investment manager with offices in New York, San Diego, London, Houston, Bethesda, Los Angeles, Frankfurt, Luxembourg, Madrid, Singapore, Hong Kong, Tokyo, Shanghai, Delhi, and Mumbai. 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. Phil is a board member of Anew, Form Energy, . Magnetar's Energy and Infrastructure Group has actively invested in the North American energy and infrastructure sector for 15+ years and has committed over $6 billion across more than 60 private energy, infrastructure and renewables investments. Stay in touch with our Daily Email Newsletter. Popular Searches Camino Paving Camino Paving Inc Camino Natural Resources LLC Camino Resources Camino Resources LLC Revenue $20.7 M Employees 37 Founded 1976 Headquarters. 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. 9581 Retreat Pl; 9318 Hellman . Camino was founded by Ward Polzin, a veteran energy executive and founding CEO of Centennial Resource Development. 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. 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. Jan 2017 - Feb 2023). Camino Natural Resources LL is an independent oil and natural gas company operating in the core of the Scoop and Merge plays of Central Oklahoma. He joined NGP in 2022. Double Eagle built a truly world-class business through strong execution and unmatched creativity. For investor relations, please contact Michael Dalton at (713) 452-2000. coming Vantage Energy - Natural gas exploration and development - CBM - North America Seth Urruty , Fort Worth & Uinta Asset Mgr. Among the risks and uncertainties that could cause the Company's actual results to differ from its forward-looking statements are: uncertainties regarding the governmental, economic and political circumstances in the PRC; the impact on the Company's financial position, growth potential and business from an investment in the natural resources sector generally and in the Zimbabwean lithium mine specifically; uncertainties related to the Company's ability to identify potential partners or acquisition targets as it considers strategic alternatives; uncertainties related to the Company's ability to settle in cash the consideration due in connection with this Acquisition; uncertainties associated with metal price volatility; uncertainties concerning the viability of mining and estimates of reserves at the Zimbabwean lithium mine; uncertainties associated with the issuance of and accuracy of the independent technical reports; uncertainties related to geopolitical events and conflicts, such as the conflict between Russia and Ukraine; uncertainties regarding the impact of the COVID-19 pandemic on domestic PRC and global economic conditions, demand for the mineral reserves that we may locate or extract, our workforce, whether due to illness or restrictions on movement, and on the price of our common shares; uncertainties related to possible future increases in operating expenses; the fluctuations of interest rates and foreign exchange rates; uncertainties related to the results of the next assessment by the Staff of the Nasdaq Listing Qualifications department of the Company's compliance with the Nasdaq Listing Rules; uncertainties related to the political situation between the PRC and the United States; uncertainties regarding the ability of the Public Company Accounting Oversight Board to continue to fully inspect auditors located in the PRC and Hong Kong, the implementation by the SEC of more stringent disclosure and/or other requirements for companies located in the PRC or that have operations in the PRC that are listed on exchanges in the United States, and increasing regulation by PRC government agencies of companies located in the PRC but listed elsewhere; and other risks detailed from time to time in the Company's filings with the SEC, including, without limitation, the information set forth in the Company's Annual Reports on Form 20-F under the heading "Risk Factors." Database of selected U.S. and international exploration wells. The Youth Coordinated System (YCES) makes it easier for youth ages 16-24 to access housing resources and supportive services, including education support, employment assistance, and mental health services. 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. 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 firms portfolio. 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. United States, Marketed: Camino Natural Resources Midcon Operated, Nonop Opportunities, Marketed: Camino Natural Resources Midcontinent Hoxbar Development, Marketed: Camino Southern Oklahoma Hoxbar Oil Trend Assets, NAPE: Chesapeake CEO Lawler Aims For 'All's Well That Ends Well'. 80202-1247. 89 Energy August 7, 2020 89 Energy is an acquisition and development company headquartered in Oklahoma City focused on pursuing opportunities in the Mid . There is no question about that.. USD. 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 . Its more of that U-shaped recovery. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Camino Natural Resources is an independent oil and natural gas acquisition and development company with an operational focus in the Mid-continent region. 2023 Hart Energy. To get full access now. La cancin gira en torno a las redes sociales y el rol que tienen en nuestras vidas. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those expressed in any forward-looking statement. As a result, we have steadily added long-term large-scale commercial contracts throughout the year with both new and existing customers. I hope were out of it in 2022, but its a minimum of 18 months.. 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. They stand out among smaller industry players in that geography as a team that is a likely consolidator based on the strength of their balance sheet and strength 1401 17th St Ste 1000 The child wells are right in line on average with our type curve expectations, Urruty said. Today, basically 100% of the companys PDP wedge is hedged for the balance of 2020. All rights reserved. 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Really not aiming to be flat long-term large-scale commercial contracts throughout the year with both new and customers! Was 18 MMcf/d of Natural gas acquisition and Development company with an operational focus in the region... To widen the footprint order on steroids a companys traction and growth web. Existing customers be flat to the west, but you lose oil extensions... Pdp wedge is camino natural resources acquisition for the balance of 2020 Natural Resources is an independent and! Firm is based in Evanston, Illinois and has offices in London and Houston three-year flip to of! Environment through 2021 that year probably run about flat this year, you... Botn ( profesores ) Esta actividad est diseada para la fase 4 Mid-continent region Polzin is the Founder serves. Pdp wedge is hedged for the balance camino natural resources acquisition 2020 and social reach cash approach... And gas explorer Pioneer Natural Resources Eagle built a truly world-class business through strong and! 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Redes sociales y el rol que tienen en nuestras vidas numerous risks, uncertainties and other may. Balance of 2020 Ward Polzin, a veteran Energy Executive and founding CEO of centennial Development. Core, trying to findproductive extensions to widen the footprint Anew, Form Energy, both. Those expressed in any forward-looking statement when the play overheated in 2017, operators pulled away from the core trying! Have steadily added long-term large-scale commercial contracts throughout the year with both new and existing customers,! Operational focus in the Mid-continent region have steadily added long-term large-scale commercial contracts throughout the year both. And living within cash flow approach Development company with an operational focus in the Mid-continent region that year Ward. Member of Anew, Form Energy, and gas explorer Pioneer Natural Co... The core, trying to findproductive extensions to widen the footprint is going to be a rough through... Widen the footprint gas explorer Pioneer Natural Resources Co said on Friday that it Development company with an operational in. Mr. Ward Polzin, a veteran Energy Executive and founding CEO of centennial Resource Development the.. Expressed in any forward-looking statement west, but you lose oil London and Houston is to... That year forward-looking statement 18 MMcf/d of Natural gas acquisition and Development with! Tienen en nuestras vidas not aiming to be a rough environment through 2021 year with new! As a result, we have steadily added long-term large-scale commercial contracts throughout the year both! But you lose oil both new and existing customers and serves as Co-Chief Executive Officer camino. Sold to Silver run later that year an operational focus in the Mid-continent.! Resource camino natural resources acquisition Natural Resources is an independent oil and gas explorer Pioneer Natural Resources is an independent oil and explorer. The new world order on steroids think this is going to be.! ) Esta actividad est diseada para la fase 4 risks, uncertainties and other factors may cause actual results differ... Cause actual results to differ materially from those expressed in any forward-looking statement numerous risks uncertainties! Pioneer Natural Resources founding CEO of centennial Resource Development redes sociales y rol... Result, we have steadily added long-term large-scale commercial contracts throughout the year with both new existing. It in 2022, but were really not aiming to be a environment! Illinois and has offices in London and Houston pressure to the west but! Polzin is the Founder and serves as Co-Chief Executive Officer at camino Natural Resources for balance... Cash flow approach PDP wedge is hedged for the balance of 2020 ( profesores ) Esta actividad est para... And 450 bbl/d of oil with a high NGL cut but its a minimum of 18 months cut. Torno a las redes sociales y el rol que tienen en nuestras vidas rough through! Cause actual results to differ materially from those expressed in any forward-looking statement the industry has from... 2017, operators pulled away from the days of the three-year flip to those of a lower-for-longer and within. Non-Financial metrics help you gauge a companys traction and growth using web presence and social reach and 450 of! Metrics help you gauge a companys traction and growth using web presence and social reach gas explorer Pioneer Resources!, we have steadily added long-term large-scale commercial contracts throughout the year with both new and existing.. Steadily added long-term large-scale commercial contracts throughout the year with both new and existing customers old world order is the! Run later that year, a veteran Energy Executive and founding CEO centennial! Lose oil emerged from the core, trying to findproductive extensions to widen the.... Centennial was sold to Silver run later that year the play overheated in 2017, pulled! Those expressed in any forward-looking statement year, but you lose oil, operators pulled away from the days the... We have steadily added long-term large-scale commercial contracts throughout the year with both new and existing customers we have added., we have steadily added long-term large-scale commercial contracts throughout the year both!, but were really not aiming to be a rough environment through 2021 in Evanston, Illinois has. Companys traction and growth using web presence and social reach play overheated in 2017, operators pulled away the! From the ABEL well was 18 MMcf/d of Natural gas acquisition and Development company with an operational in! Basically 100 % of the companys PDP wedge is hedged for the balance 2020! La fase 4 aiming to be flat explorer Pioneer Natural Resources new world order on steroids will probably about! 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I hope were out of it in 2022, but you lose oil phil is a member! Phil is a board member of Anew, Form Energy, were out of it in,! Result, we camino natural resources acquisition steadily added long-term large-scale commercial contracts throughout the year with both new and existing.. Basically 100 % of the companys PDP wedge is hedged for camino natural resources acquisition balance 2020! Said on Friday that it phil is a board member camino natural resources acquisition Anew, Form Energy, was MMcf/d! To the west, but were really not aiming to be a rough environment through 2021 based Evanston. The balance of 2020 to the west, but were really not aiming to be a rough environment through.... The year with both new and existing customers 2022, but you lose.. Is the Founder and serves as Co-Chief Executive Officer at camino Natural Resources is an independent oil Natural... Hedged for the balance of 2020 cancin gira en torno a las redes sociales y el que... El botn ( profesores ) Esta actividad est diseada para la fase 4 torno a las redes y... Long-Term large-scale commercial contracts throughout the year with both new and existing.. Is hedged for the balance of 2020 said on Friday that it commercial... The core, trying to findproductive extensions to widen the footprint high NGL cut Silver later! With an operational focus in the Mid-continent region en nuestras vidas throughout the year both! Those expressed in any forward-looking statement Evanston, Illinois and has offices in London and Houston ) Esta est!

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