DUCS

Diamondback Energy, Inc. Announces Northern Midland Basin Acquisition

Retrieved on: 
Wednesday, November 16, 2022
Permian, COVID-19, Environment, LLP, EBITDA, Diamondback Energy, Hand, Kirkland & Ellis, Form 10-K, Risk, Acquisition, FANG, Vinson & Elkins, Jefferies Group, NAV, Security (finance), Firebird, DUCS, Lake Como, Failure, Oil, Financial adviser, Bank, Diamondback

Lario is an attractive bolt-on to our existing Martin County position, home to some of the best rock in the Permian Basin, stated Travis Stice, Chairman and Chief Executive Officer of Diamondback.

Key Points: 
  • Lario is an attractive bolt-on to our existing Martin County position, home to some of the best rock in the Permian Basin, stated Travis Stice, Chairman and Chief Executive Officer of Diamondback.
  • This is a deal that checks all the boxes Diamondback looks for in an acquisition, as it brings over 150 gross locations in the core of the Northern Midland Basin and also provides immediate accretion to all relevant financial metrics, enhancing Diamondbacks overall value proposition to our stockholders.
  • Jefferies LLC is serving as financial advisor to Diamondback and Kirkland & Ellis LLP is serving as legal advisor to Diamondback.
  • Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.

Altus Midstream is now Kinetik

Retrieved on: 
Tuesday, February 22, 2022
Permian, APA Corporation, ESG, Ownership, GLOBE, Board of directors, DUCS, Domestic, Partnership, GHG, Natural gas, Board, International, Independent director, Water, Risk, Trust, Annual report, Central Time Zone, Industry, Company, APA, BCP, Transport, Telephone number (mathematics), Square, DXL, United, News, Independent, Nasdaq, Alpine, Blackstone, Rail transport by country, Audit committee, Forward-looking statement, I Squared Capital, CEO, EBITDA, SEC, Petroleum, Potash, Management, Oil, Renewable energy, Kinetik, Alpine High School, Delaware Basin

MIDLAND, Texas and HOUSTON, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Kinetik Holdings Inc. (“Kinetik”, the “Company” or “we”) today announced the completion of the business combination of Altus Midstream Company (Nasdaq: ALTM) (“Altus”) and BCP Raptor Holdco LP (“BCP”), creating a unique, fully integrated midstream company.

Key Points: 
  • MIDLAND, Texas and HOUSTON, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Kinetik Holdings Inc. (Kinetik, the Company or we) today announced the completion of the business combination of Altus Midstream Company (Nasdaq: ALTM) (Altus) and BCP Raptor Holdco LP (BCP), creating a unique, fully integrated midstream company.
  • Kinetik is a fully integrated, pure-play, Permian-to-Gulf Coast midstream C-corporation operating in the Delaware Basin.
  • See Risk Factors in Altus definitive proxy statement filed with the SEC on January 12, 2022 for a discussion of risk factors related to the transactions between Altus and BCP.
  • Also see Part I, Item 1A Risk Factors in Altus 2021 Annual Report for a discussion of risk factors related to Altus.

2022 Growth Opportunities in the Global Glass Fiber Market - Players Include Owens Corning, Jushi Group and Sichuan Weibo Among Others - ResearchAndMarkets.com

Retrieved on: 
Friday, January 28, 2022
Other Manufacturing, Manufacturing, Growth, Wind, Q.9, DUCS, CSM, CFM, Transport, CAGR, Table, CS, M & A, Glass, Industry, Electronics, Carbon fibers, Sintering, Mineral wool, Real estate

The "Growth Opportunities in the Global Glass Fiber Market" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Growth Opportunities in the Global Glass Fiber Market" report has been added to ResearchAndMarkets.com's offering.
  • Emerging trends, which have a direct impact on the dynamics of the glass fiber industry, include cost optimization and performance enhancement of glass fibers.
  • To learn the scope of, benefits, companies researched and other details of this glass fiber market report then read this report.
  • The study includes the glass fiber market size and forecast for the global glass fiber market through 2023, segmented by product type, application, and region.

Pipestone Energy Corp. Reports Record Third Quarter 2021 Results and Provides an Operations Update

Retrieved on: 
Wednesday, November 10, 2021
ROCE, Efficiency, Tax, G&A, Contract, News, National instrument, MD, Engineering, Petroleum, Transport, Income, Depreciation, IFRS, COVID-19, Geography, DCE, Forward-looking statement, Natural gas, Chartered, Public expenditure, Montney, British Columbia, EBITDA, Propane, Risk management, Company, EBIT, Disclosure, DUCS, Atlas, Hydrocarbon, GAAP, Nature, ROU, Time, BS 5839 Part 1, Bank, Life insurance, Security (finance), Bookkeeping, Oil

Pipestone uses adjusted funds flow from operations (cash from operating activities before changes in non-cash working capital and decommissioning provision costs incurred), a measure that is not defined under IFRS.

Key Points: 
  • Pipestone uses adjusted funds flow from operations (cash from operating activities before changes in non-cash working capital and decommissioning provision costs incurred), a measure that is not defined under IFRS.
  • Net debt is considered to be a useful measure in assisting management and investors to evaluate Pipestones financial strength.
  • The purpose of this financial outlook is to provide readers with disclosure of the companys reasonable expectations of our anticipate results.
  • Actual results will differ from those realized during an initial production period or short-term test period, and the difference may be material.

Brigham Minerals, Inc. Announces Accretive DJ Basin Acquisition

Retrieved on: 
Thursday, November 4, 2021
Energy, Natural Resources, Mining, Minerals, Oil, Gas, EBITDA, Method, Organization, Mineral, Industry, GAAP, SCOOP, Public expenditure, Mission statement, Perception, Security (finance), U.S. Securities and Exchange Commission, NGL, Transport, Weather, Pandemic, Brigham, Chevron Corporation, Sumathi Best Television Current Reporting Award, Income, Annual report, Maintenance, PDP, Occidental Petroleum, Company, Board, Depreciation, COVID-19, LTM, Anadarko Basin, Acquisition, Natural gas, STACK, DUCS, Oil, Sales, Bookkeeping

Further, the DJ Acquisition is anticipated to provide high teens EBITDA yield(1) at 2022 strip pricing."

Key Points: 
  • Further, the DJ Acquisition is anticipated to provide high teens EBITDA yield(1) at 2022 strip pricing."
  • Blake C. Williams, Chief Financial Officer, stated, This transaction represents our initial utilization of equity directly to the seller in an acquisition.
  • We are pleased that the DJ Acquisition will allow us to expedite the return of capital to shareholders via an expected recommended increase in our base dividend(2) while maintaining balance sheet flexibility to explore additional accretive opportunities of scale.
  • Brigham Minerals assets are located in the Delaware and Midland Basins in West 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.

PDC Energy Announces Unanimous Approval of Spinney Oil and Gas Development Plan, PDC's First Approved Permit Under New Rulemaking

Retrieved on: 
Wednesday, October 6, 2021
Securities Act of 1933, Federal Lands Jobs and Energy Security Act, CAP, Atlas, Natural gas, Spinney, EHS, Private Securities Litigation Reform Act, Company, Operation, Codell, Kansas, Hearing, Securities Exchange Act of 1934, Delaware, DUCS, PDC, GLOBE, Oil

DENVER, Oct. 06, 2021 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (PDC or the Company) (Nasdaq: PDCE) announced today that the Colorado Oil and Gas Conservation Commission (COGCC) approved the Companys Spinney Oil & Gas Development Plan (OGDP) permit application.

Key Points: 
  • DENVER, Oct. 06, 2021 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (PDC or the Company) (Nasdaq: PDCE) announced today that the Colorado Oil and Gas Conservation Commission (COGCC) approved the Companys Spinney Oil & Gas Development Plan (OGDP) permit application.
  • The Spinney, an eight-well pad in rural Weld County, Colorado, marks PDCs first approved permit under the new rules, which were enacted in January 2021.
  • As of September 30, and inclusive of the Spinney OGDP, PDC's estimated combined approved permits and drilled but uncompleted wells (DUCs), reflect all projected turn-in-line activity through 2023.
  • COGCC Chairman Jeff Robbins commented at the hearing, I think this is a strong application for eight wells in Weld County.

Denver Julesburg (DJ) Basin Oil and Gas Shale Market Analysis and Outlook 2021-2025 - ResearchAndMarkets.com

Retrieved on: 
Monday, September 27, 2021
Oil, Gas, Energy, Permian, West Texas Intermediate, Occidental Petroleum, COVID-19, Natural gas, COVID, WTI, View, DUCS, Oil, Nightclub

The "Denver Julesburg (DJ) Basin in the Unites States of America (USA), 2021 - Oil and Gas Shale Market Analysis and Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Denver Julesburg (DJ) Basin in the Unites States of America (USA), 2021 - Oil and Gas Shale Market Analysis and Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.
  • Denver Julesburg (DJ) Basin in the Unites States of America (USA), 2021 - Oil and Gas Shale Market Analysis and Outlook to 2025 provides a comprehensive review of hydrocarbon appraisal and development in the Denver Julesburg (DJ) Basin shale play against the backdrop of COVID -19 pandemic.
  • The report also provides an outlook for oil and gas production in this Basin along with competitive positioning and investment plans of major operators.
  • Mergers and Acquisition Activity in the DJ Basin, 2019-2021
    8.3 Extraction Oil & Gas, Inc.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20210927005605/en/

Chaparral Energy Provides Strategic and Operational Update

Retrieved on: 
Tuesday, August 10, 2021
Chaparral, NYMEX, Company, Boe, G&A, Efficiency, Review, Late life depression, Blackburn, Heart, Kingfisher County, Oklahoma, Sale, LOE, HBP, Environment, DUCS, Method, Acquisition, Hubbard, 33, Anadarko Basin, GLOBE, Economics, Glass Mountain, County, Lifting, Oil, Airline, Animal, Lithium, Bank

OKLAHOMA CITY, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (the Company or Chaparral), a privately held company, announced its updated strategic vision, the disposition of non-core southern Oklahoma assets and the acquisition of complementary assets within Chaparrals focus area.

Key Points: 
  • OKLAHOMA CITY, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (the Company or Chaparral), a privately held company, announced its updated strategic vision, the disposition of non-core southern Oklahoma assets and the acquisition of complementary assets within Chaparrals focus area.
  • In addition, the Company provided an operational update, including recent development drilling results.
  • This allows us to lower our operational costs per barrel, decreases future plugging and abandonment liability and provides incremental liquidity to help fund accretive acquisitions.
  • Chaparral Energy, Inc. is a private and independent oil and natural gas exploration and production company headquartered in Oklahoma City.

DUCKS UNLIMITED CANADA WADES INTO THE CHALLENGES OF SEA-LEVEL RISE

Retrieved on: 
Friday, November 29, 2019
Conservation in Canada, Wetland conservation in the United States, Natural environment, Ducks Unlimited, Environmental organizations, Nature, DUCS

Stonewall, MB, Nov. 29, 2019 (GLOBE NEWSWIRE) -- Ducks Unlimited Canada (DUC) today launches an awareness campaign to demonstrate the critical role wetlands play in the fight against climate change.

Key Points: 
  • Stonewall, MB, Nov. 29, 2019 (GLOBE NEWSWIRE) -- Ducks Unlimited Canada (DUC) today launches an awareness campaign to demonstrate the critical role wetlands play in the fight against climate change.
  • The wetlands we save arent just for ducks, theyre for all of us, says Nigel Simms, DUCs national director of communications and marketing.
  • We want Canadians to see that the salt-marsh restoration we do is directly linked to mitigating the crippling effect of sea-level rise on our coastlines.
  • About Ducks Unlimited Canada: Ducks Unlimited Canada (DUC) is the leader in wetland conservation.