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More Capital Expenditure - 2021 News
Pine Cliff Energy Ups Spending, Production Plans by 10% for 2022
Pine Cliff Energy Ltd. reported its 2022 capital plan, 2021 year-end reserves and an operations update. 2022 Guidance - Capex: $25.5 million - up 10% vs. 2021 $9.6…
Whitecap Resources Unveils 2022 Budget; Up 12% vs. 2021
Whitecap Resources Inc. has unveiled its 2022 budget, an accelerated fourth quarter 2021 capital program and 38% increase to its dividend. The company plans to spend 12% more…
Southwestern Closes Acquisition of Indigo Natural Resources; Ups Capex
Southwestern Energy Co. has closed the $2.7B acquisition of Indigo Natural Resources. The acquisition adds 149,000 net acres and 1,000 drilling locations in the Haynesville to Southwestern's portfolio.…
Altura Energy First Quarter 2021 Results
Altura Energy Inc. reported its Q1 2021 results. First Quarter Review In the quarter, Altura completed its 102/16-14-049-26W4 Rex horizontal well (“16-14”) (89% working interest) that was drilled…
Razor Energy Corp. First Quarter 2021 Results
Razor Energy Corp. reported its Q1 2021 results. Q1 2021 Highlights: Financing: The Company renewed the Amended Term Facility with AIMCo (the “AIMCo Term Loan”) on February 16,…
Ark-La-Tex News
These Three Companies Will Increase Drilling & Completion Over The Next 3 Year
In the span of fifteen months, three Japanese energy companies committed more than $10.3 billion to U.S. natural gas production assets — a buying spree that has transferred…
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…
Diversified Energy Striking While the Iron is Hot in East Texas
Transaction Summary Diversified Energy has entered into a definitive purchase and sale agreement to acquire high-working interest, natural gas producing assets in East Texas from Sheridan Production for…
Mitsubishi to Buy Aethon for ~$5.2B, Taking Scaled Haynesville Gas Platform
Mitsubishi Corporation has agreed to acquire Aethon (Aethon III LLC, Aethon United LP and related entities) for a total equity investment of approximately $5.2 billion, delivering Mitsubishi a…
Amplify Exits Haynesville and Cotton Valley
Amplify Energy announced a series of transactions that will result in a complete exit from its interests in East Texas for total anticipated combined consideration of $127.5 million.…