Anadarko Basin

Ekona Power Inc. Receives CAD $79 Million Equity Investment to Commercialize Clean Hydrogen Technology

Retrieved on: 
Tuesday, February 1, 2022
Manufacturing, Environment, Finance, Professional Services, Other Natural Resources, Other Energy, Mining, Minerals, Utilities, Forest Products, Oil, Gas, Coal, Agriculture, Alternative Energy, Natural Resources, Energy, Other Manufacturing, Steel, Chemicals, Plastics, Hydrogen, Permian, Leadership, Solution, Natural gas, SCOOP, Severstal, Steel, TransAlta, Metal, CO2, MOEX, CAD, Goal, EnergySolutions, Continental, BDC, Technology, STACK, CLR, Mineral, Anadarko Basin, Transport, Israel Cleantech Ventures, Continental Resources, Company, LLP, ConocoPhillips, Fund, EBITDA, Powder River Basin, Investment, Mitsui, Innovation, LSE, NYSE, Mining, Oil, Renewable energy

Ekona Power Inc., a Vancouver-based venture that is developing a novel hydrogen production technology, today announced its close of a CAD $79 million equity investment.

Key Points: 
  • Ekona Power Inc., a Vancouver-based venture that is developing a novel hydrogen production technology, today announced its close of a CAD $79 million equity investment.
  • The investment will help support the commercial readiness of Ekonas novel methane pyrolysis technology platform, which produces clean and low-cost hydrogen.
  • We would like to thank all our investors and stakeholders for their investment, passion, and commitment to our technology.
  • Ekona is developing a revolutionary technology that transforms the way we produce clean hydrogen.

CONTINENTAL RESOURCES TO ANNOUNCE FULL-YEAR 2021 AND FOURTH QUARTER 2021 RESULTS ON MONDAY, FEBRUARY 14, 2022

Retrieved on: 
Monday, January 31, 2022
Permian, Continental Resources, Leadership, SCOOP, NYSE, Company, Continental, Technology, STACK, CLR, Anadarko Basin, Powder River Basin, Video game, Oil

The Company plans to publish a full-year 2021 and fourth quarter 2021 summary presentation to its website at www.CLR.com prior to the start of its conference call on Tuesday, February 15, 2022.

Key Points: 
  • The Company plans to publish a full-year 2021 and fourth quarter 2021 summary presentation to its website at www.CLR.com prior to the start of its conference call on Tuesday, February 15, 2022.
  • Continental Resources (NYSE: CLR) is a top 10 independent oil producer in the U.S. and a leader in America's energy renaissance.
  • Based in Oklahoma City, Continental is the largest leaseholder and the largest producer in the nation's premier oil field, the Bakken play of North Dakota and Montana.
  • With a focus on the exploration and production of oil, Continental has unlocked the technology and resources vital to American energy independence and our nation's leadership in the new world oil market.

Brigham Minerals, Inc. Schedules Fourth Quarter and Full-Year 2021 Earnings Conference Call for February 24, 2021

Retrieved on: 
Friday, January 28, 2022
Mining, Minerals, Natural Resources, Permian, SCOOP, Mineral, STACK, Anadarko Basin, Oil, Baking, Brigham

Brigham Minerals is an Austin, Texas based company that acquires and actively manages a portfolio of mineral and royalty interests in the core of some of the most active, highly economic, liquids-rich resource basins across the continental United States.

Key Points: 
  • Brigham Minerals is an Austin, Texas based company that acquires and actively manages a portfolio of mineral and royalty interests in the core of some of the most active, highly economic, liquids-rich resource basins across the continental United States.
  • Brigham Minerals assets are located in the Permian Basin in Texas and New Mexico, the SCOOP and STACK plays in the Anadarko Basin of Oklahoma, the DJ Basin in Colorado and Wyoming, and the Williston Basin in North Dakota.
  • The Companys primary business objective is to maximize risk-adjusted total return to its shareholders by both capturing organic growth in its existing assets as well as leveraging its highly experienced technical evaluation team to continue acquiring minerals.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20220128005488/en/

Continental Resources Announces Upcoming Organizational Changes

Retrieved on: 
Tuesday, January 18, 2022
Permian, Continental Resources, Pleasure, Technology, Intention, CLR, Colorado School of Mines, Retirement, MBA, NYSE, SCOOP, CEO, Rice University, Leadership, Anadarko, Kerr-McGee, Continental, Chesapeake Energy, Industry, Culture, Company, Anadarko Petroleum, STACK, Powder River Basin, Anadarko Basin, Director, Board, Acquisition, Management

Bill Berry, CEO, stated, "Continental would not be the company it is today without Jack Stark.

Key Points: 
  • Bill Berry, CEO, stated, "Continental would not be the company it is today without Jack Stark.
  • In addition, combined with his skill and leadership in this field, he has created a lasting legacy in the exploration team that he assembled and grew here at Continental.
  • Continental Resources (NYSE: CLR) is a top 10 independent oil producer in the U.S. and a leader in America's energy renaissance.
  • With a focus on the exploration and production of oil, Continental has unlocked the technology and resources vital to American energy independence and our nation's leadership in the new world oil market.

Continental Resources Announces Executive Management Promotions

Retrieved on: 
Thursday, January 13, 2022
Permian, Continental Resources, Technology, Business administration, CLR, Master of Science in Development Administration, Oklahoma State University–Stillwater, Board of directors, Information technology, Public relations, NYSE, SCOOP, CEO, Strategic planning, Leadership, Continental, Biophysical environment, Company, Administrative Office of the United States Courts, Human resources, Shelly, STACK, Powder River Basin, Bachelor, Anadarko Basin, Senior, Board, Management, Science, Health

OKLAHOMA CITY, Jan. 13, 2022 /PRNewswire/ -- Continental Resources, Inc. (NYSE-CLR) today announced the promotions of two of the Company's key leaders.

Key Points: 
  • OKLAHOMA CITY, Jan. 13, 2022 /PRNewswire/ -- Continental Resources, Inc. (NYSE-CLR) today announced the promotions of two of the Company's key leaders.
  • The promotions of Shelly and John will help to ensure that Continental continues to lead the way," said Bill Berry, CEO.
  • Shelly joined Continental in 2018 and has been Continental's Chief Culture Officer and Senior Vice President of Human Resources.
  • Continental Resources (NYSE: CLR) is a top 10 independent oil producer in the U.S. and a leader in America's energy renaissance.

Derby Energy, LLC Affiliate Acquires Non-Op Oklahoma Production

Retrieved on: 
Monday, January 10, 2022
Oil, Gas, Energy, Energy, Operating agreement, View, LLC, Non-operating income, Acquisition, Oil, Anadarko Basin, LP

Derby Energy, LLC, an Oklahoma City based oil and natural gas company reported today that, on December 23, 2021, SCOOP I, LP, one of its affiliated companies, closed on the acquisition of certain Anadarko Basin producing non-operated properties from an undisclosed entity for $31,600,000.

Key Points: 
  • Derby Energy, LLC, an Oklahoma City based oil and natural gas company reported today that, on December 23, 2021, SCOOP I, LP, one of its affiliated companies, closed on the acquisition of certain Anadarko Basin producing non-operated properties from an undisclosed entity for $31,600,000.
  • Derby Energy, LLC is the administrative management company for the following six entities: Derby Exploration, LLC (Operated - Anadarko Basin E&P); Thoroughbred Gathering, LLC (Operated - Anadarko Basin Midstream); Bakken HBT, LP (Non-Operated Williston Basin); Bakken HBT II, LP (Non-Operated Williston Basin); SCOOP I, LP (Non-Operated Anadarko Basin); and Beta Shale, LLC (Non-Operated Arkoma Basin).
  • SCOOP I, LP, established in 2015, is a privately owned non-operated E&P company with working interests throughout the Anadarko Basin, and is under management of Derby Energy, LLC.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20220110005990/en/

Verde Bio Holdings, Inc. Announces Closing of Acquisition of Utica Mineral and Royalty Interest; Continued Development of New Wells in Haynesville Shale Properties

Retrieved on: 
Tuesday, December 21, 2021
Permian, Mineral, GLOBE, OTCQB, Time, CEO, Annual report, Acquisition, OTC, Security (finance), Electric Bond and Share Company v. Securities and Exchange Commission, Risk, Private Securities Litigation Reform Act, Federal Lands Jobs and Energy Security Act, Anadarko Basin, Securities Act of 1933, Company, Uncertainty, Securities Exchange Act of 1934, Natural gas, Ascent, Oil, Bank, Haynesville Shale, Utica Shale

FRISCO, TEXAS, Dec. 21, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Verde Bio Holdings, Inc. (OTCQB: VBHI), a growing oil, gas and alternative energy Company, today announced that it has closed on the previously announced mineral and royalty interests held by a private seller for a purchase price of $175,000 in cash. The interests to be acquired by Verde currently produces revenue of approximately $3,000 per month and Verde is entitled to the cash flow from production attributable to the acquisition beginning on or after November 1, 2021.

Key Points: 
  • The Company expects these wells to be drilled and completed early in 2022 and Verde will receive additional revenue from these at no expense.
  • Utica Shale producing Mineral Interest in Belmont County in Eastern Ohio, operated by Ascent Resource.
  • Ascent currently holds more than 335,000 leasehold acres in the Utica Shale region
    Two wells currently producing revenue of approximately $3,000 with significant upside of active infill development in the area.
  • Scott Cox, CEO of Verde, said, We are excited about adding to the interests already acquired through this acquisition.

Barnwell Reports Net Earnings of $6.25 Million and $0.73 Net EPS for Fiscal Year Ended September 30, 2021

Retrieved on: 
Monday, December 20, 2021
Phrase, Forward-looking statement, U.S. Securities and Exchange Commission, Company, Securities Exchange Act of 1934, Securities Act of 1933, Barnwell, NYSE, Private Securities Litigation Reform Act, Sale, Income, Anadarko Basin, Joint venture, Annual report, Form 10-K, Security (finance), Program, Contract, GLOBE, Tax, Compliance, Aquaculture, Life insurance, Meramec

HONOLULU, Dec. 20, 2021 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) today reported results for the three months and year ended September 30, 2021.

Key Points: 
  • HONOLULU, Dec. 20, 2021 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) today reported results for the three months and year ended September 30, 2021.
  • During the quarter ended September 30, 2021, the Company sold 581,441 shares under this agreement for net proceeds of $1,924,000 ($3.31 per share).
  • During the year ended September 30, 2021, the Company sold 1,167,987 shares under this agreement for net proceeds of $3,784,000 ($3.24 per share).
  • The financial results of these events will be reflected in Barnwells report for the quarter ending December 31, 2021.

Brigham Minerals, Inc. Announces Completion of DJ Basin Mineral and Royalty Interest Acquisition

Retrieved on: 
Friday, December 17, 2021
Energy, Natural Resources, Mining, Minerals, Oil, Gas, Permian, Method, EBITDA, Weather, Mineral, U.S. Securities and Exchange Commission, STACK, Company, Board, Pandemic, NYSE, Public expenditure, Income, COVID-19, Anadarko Basin, Acquisition, Annual report, DJ, Perception, Transport, Security (finance), Natural gas, Sumathi Best Television Current Reporting Award, NGL, Maintenance, GAAP, SCOOP, Mission statement, Organization, Bank, Bookkeeping, Risk management, Brigham

Brigham Minerals, Inc. (NYSE: MNRL) (Brigham Minerals or the Company), a leading mineral and royalty interest acquisition company, today announced that it has completed its previously announced acquisition of certain mineral and royalty interest in the DJ Basin for approximately $43 million of cash and 2.2 million shares of Class A common stock subject to certain post-closing adjustments (the DJ Acquisition).

Key Points: 
  • Brigham Minerals, Inc. (NYSE: MNRL) (Brigham Minerals or the Company), a leading mineral and royalty interest acquisition company, today announced that it has completed its previously announced acquisition of certain mineral and royalty interest in the DJ Basin for approximately $43 million of cash and 2.2 million shares of Class A common stock subject to certain post-closing adjustments (the DJ Acquisition).
  • Concurrent with the closing of the DJ Acquisition, the Company completed a borrowing base redetermination including the DJ Acquisition which resulted in a $230 million borrowing base with $137 million of undrawn capacity post funding the cash portion of the DJ Acquisition.
  • Future dividends may be adjusted at the Boards discretion based on market conditions and capital availability.
  • Brigham Minerals assets are located in the Permian Basin in Texas and New Mexico, the SCOOP and STACK plays in the Anadarko Basin of Oklahoma, the DJ Basin in Colorado and Wyoming, and the Williston Basin in North Dakota.

Energy Transfer Completes Acquisition of Enable Midstream

Retrieved on: 
Thursday, December 2, 2021
Oil, Gas, Energy, Logistics, Supply Chain Management, Transport, Other Energy, Transfer, Anadarko Basin, CNP, Forward-looking statement, DCF, Acquisition, EBITDA, NYSE, Transport, Partnership, Energy Transfer Partners, SEC, Energy, COVID-19, Sunoco, OGE, ENBL, LLC, Haynesville Shale, Arkoma, Oklahoma, NGL, SUN, USAC, Oklahoma Gas & Electric, Efficiency, Multimedia, Enabling, CenterPoint Energy, Growth, Natural gas, Oil

Dallas-based Energy Transfer LP (NYSE: ET) and Oklahoma City-based Enable Midstream Partners, LP (NYSE: ENBL) today announced the completion of their previously announced merger.

Key Points: 
  • Dallas-based Energy Transfer LP (NYSE: ET) and Oklahoma City-based Enable Midstream Partners, LP (NYSE: ENBL) today announced the completion of their previously announced merger.
  • The completion of the transaction is immediately accretive to Energy Transfer and furthers Energy Transfers deleveraging efforts.
  • Additionally, each outstanding Enable Series A preferred unit was exchanged for 0.0265 Series G preferred units of Energy Transfer.
  • Energy Transfer and Enable cannot give any assurance that expectations and projections about future events will prove to be correct.