Wayfinder Resources, a Houston-based oil and gas company focused on Oklahoma’s SCOOP, STACK and Merge plays, last week announced the closing of an equity commitment led by private equity firm (PEF) Lime Rock Partners.
Canyon Creek Energy – Arkoma (CCEA) said Wednesday it’s added to its Arkoma Stack leasehold position through the acquisition of 50,000 gross acres in the liquids-rich play, via the purchase of Quanah Energy, for an undisclosed price.
Global investment manager Quinbrook Infrastructure Partners and General Electric said Tuesday the Quinbrook Low Carbon Power Fund closed on construction and tax equity financing for the 200-megawatt first stage of the 365 MW Persimmon wind farm in Oklahoma.
Frigid weather covering much of the U.S. is tormenting natural gas production in the nation’s shale plays, with output down more than 20% since December in North Dakota’s Bakken, according to analyst estimates.
SandRidge Energy said last week it and potential acquisition/fellow independent producer Bonanza Creek Energy agreed to cancel their $746 million cash and stock deal – after intense pressure from shareholders, including billionaire Carl Icahn and hedge fund Fir Tree Partners.
Logistics/water/propane company NGL Energy Partners and energy transporter/terminaling giant SemGroup said this week they’ve completed the sale of the Glass Mountain Pipeline for $300 million each.
Privately-held logistics company MVP Holdings on Wednesday announced the formation of Great Salt Plains Midstream Holdings, a joint venture between MVM Midstream (formed with Energy Spectrum Partners VII and MVP Holdings) and Chisholm Midstream, a Chisholm Oil & Gas unit.