Cimarex Energy

Legacy Reserves to Become Revenir Energy

Retrieved on: 
Thursday, March 2, 2023

Legacy Reserves Inc., a leading independent oil and gas company, announced today the completion of its rebranding as Revenir Energy Inc (“Revenir”).

Key Points: 
  • Legacy Reserves Inc., a leading independent oil and gas company, announced today the completion of its rebranding as Revenir Energy Inc (“Revenir”).
  • After several transformative years, Revenir has transitioned into a private company led by a new executive team.
  • "Our rebranding under Revenir is a significant milestone in our company's journey," said Richard Betz, CEO of Revenir Energy Inc. "We believe that our new name reflects our continued commitment to industry-leading operations and development in the Permian Basin and East Texas.
  • Revenir is headquartered in Denver, Colorado with offices in Midland, Texas and The Woodlands, Texas.

Coterra Energy Announces Election of Chairman and Lead Independent Director

Retrieved on: 
Wednesday, November 2, 2022

The Board also appointed Robert Boswell to succeed Lisa Stewart as Lead Independent Director effective January 1, 2023.

Key Points: 
  • The Board also appointed Robert Boswell to succeed Lisa Stewart as Lead Independent Director effective January 1, 2023.
  • "I am also looking forward to working closely with Bob as Lead Independent Director, drawing on his boardroom and upstream oil and gas experience to move Coterra forward."
  • In 2011, he became Chief Executive Officer and President of Cimarex and then Chairman of the Board in 2012.
  • Mr. Boswell has served as a director of Coterra since 2015 and currently serves on the Executive, Audit, and Environment, Health & Safety Committees of the Board.

NextMart, Inc. - Planned Acquisition of New Mexico Water Rights

Retrieved on: 
Thursday, June 9, 2022

The acquisition of more New Mexico water rights is in direct response tothe current fast-growing needs of its current clients, and new clients that are coming on board, due to the increased oil and gas activity in the Permian Basin.

Key Points: 
  • The acquisition of more New Mexico water rights is in direct response tothe current fast-growing needs of its current clients, and new clients that are coming on board, due to the increased oil and gas activity in the Permian Basin.
  • Water stations provide a vital source of water needed to drill oil and gas wells.
  • This new revenue stream can be expanded as we endeavor to develop additional water stations in our market."
  • View original content (Emco Oilfield Services, LLC Acquisition - Dated: January 21, 2022 -Credit to PRNewswire): https://www.prnewswire.com/news-releases/nextmart-inc--acquisition-of-oi...

Texas Pacific Land Corporation Announces New Director Appointments and Provides an Update on the Evaluation of the Declassification Process

Retrieved on: 
Tuesday, April 19, 2022

Texas Pacific Land Corporation (NYSE: TPL) (TPL or the Company) today announced the appointment of two new members to TPLs board of directors (the Board) and provided an update on the evaluation of the declassification of the Board.

Key Points: 
  • Texas Pacific Land Corporation (NYSE: TPL) (TPL or the Company) today announced the appointment of two new members to TPLs board of directors (the Board) and provided an update on the evaluation of the declassification of the Board.
  • In connection with these appointments, the Board increased its size to ten (10) directors.
  • Were excited to welcome them to the Board, and I know that our customers, employees, and stockholders will benefit from their leadership and expertise.
  • Texas Pacific Land Corporation (NYSE: TPL) is one of the largest landowners in the State of Texas with approximately 880,000 acres of land in West Texas, with the majority of its ownership concentrated in the Permian Basin.

NextMart, Inc. - Acquisition of Oil Field Services Company

Retrieved on: 
Friday, January 21, 2022

William Bouyea (CEO of the Company), states"We are excited to announce that we have acquired Emco.

Key Points: 
  • William Bouyea (CEO of the Company), states"We are excited to announce that we have acquired Emco.
  • We feel that this was a perfectly strategic acquisition with the predicted future growth of domestic oil production."
  • Currently, NXMR currently is a shell company with a new management team with plans to become a current alternative reporting issuer with OTC Markets.
  • The Company is currently looking for an appropriate business acquisition.

Megan Hays Joins Kimmeridge as Firm Drives Change in Public E&P Sector

Retrieved on: 
Monday, November 1, 2021

NEW YORK and DENVER, Nov. 1, 2021 /PRNewswire/ --Kimmeridge Energy Management Company, LLC ("Kimmeridge" or the "Firm"), a private investment firm focused on upstream energy, with an investment philosophy underpinned by fundamental research, today announced that Megan Hays has joined the firm as a managing director on its public investment team.

Key Points: 
  • NEW YORK and DENVER, Nov. 1, 2021 /PRNewswire/ --Kimmeridge Energy Management Company, LLC ("Kimmeridge" or the "Firm"), a private investment firm focused on upstream energy, with an investment philosophy underpinned by fundamental research, today announced that Megan Hays has joined the firm as a managing director on its public investment team.
  • Mrs. Hays brings with her 15 years of investor relations experience, with deep industry knowledge from her roles at major public E&P companies.
  • Mark Viviano, Head of Public Equities at Kimmeridge, said, "While important reforms have been achieved in the public E&P sector, there is still much work to be done to prepare the sector for the energy transition.
  • Megan Hays, Managing Director at Kimmeridge, said, "Now more than ever, public E&Ps must critically examine whether their business models can endure the energy transition and remain viable for the future.

Cimarex Schedules Second-Quarter 2021 Results Conference Call for Thursday, August 5, 2021

Retrieved on: 
Wednesday, July 7, 2021

DENVER, July 7, 2021 /PRNewswire/ --Cimarex Energy Co. (NYSE: XEC) will hold its quarterly earnings conference call on Thursday, August 5, 2021 at 11:00 AM ET (9:00 AM MT).

Key Points: 
  • DENVER, July 7, 2021 /PRNewswire/ --Cimarex Energy Co. (NYSE: XEC) will hold its quarterly earnings conference call on Thursday, August 5, 2021 at 11:00 AM ET (9:00 AM MT).
  • The Company plans to announce second-quarter 2021 results before the market opens on August 5.
  • To access the live webcast, visit the "Events & Presentations" page under the "Investor Relations" section of the Company's website at www.cimarex.com .
  • Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in the Permian Basin and Mid-Continent areas of the U.S. For more information about Cimarex, visit www.cimarex.com .

Laredo Petroleum Announces Transformative Transactions

Retrieved on: 
Sunday, May 9, 2021

Both transactions are expected to close July 1, 2021.\n"The transformational impact for Laredo of the combined transactions is significant," stated Jason Pigott, President and Chief Executive Officer.

Key Points: 
  • Both transactions are expected to close July 1, 2021.\n"The transformational impact for Laredo of the combined transactions is significant," stated Jason Pigott, President and Chief Executive Officer.
  • "Laredo is well positioned to maximize value from the Sabalo assets and we view this transaction as compelling for Laredo shareholders, including EnCap, as part of this transaction.
  • White & Case acted as legal advisor to Sixth Street.\nLaredo Petroleum, Inc. is an independent energy company with headquarters in Tulsa, Oklahoma.
  • Unbooked resource potential and "EURs" do not constitute reserves within the meaning of the Society of Petroleum Engineer\xe2\x80\x99s Petroleum Resource Management System or SEC rules and do not include any proved reserves.

Pioneer Natural Resources To Present at Evercore ISI Elite Energy Summit Virtual Conference

Retrieved on: 
Thursday, March 11, 2021

Pioneer Natural Resources Company (NYSE:PXD) today announced that Chief Executive Officer Scott Sheffield, will present at Evercore ISI Elite Energy Summit Virtual Conference on Tuesday, March 16, at 11:40 a.m.

Key Points: 
  • Pioneer Natural Resources Company (NYSE:PXD) today announced that Chief Executive Officer Scott Sheffield, will present at Evercore ISI Elite Energy Summit Virtual Conference on Tuesday, March 16, at 11:40 a.m.
  • ET.
  • Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations in the United States.
  • For more information, visit Pioneers website at www.pxd.com .