Clear Fork

Clearfork Midstream Completes 65% Capacity Increase of its Core Haynesville Natural Gas Gathering and Treating System; New Pipelines Extend Midstream Services Across Louisiana Core

Retrieved on: 
Tuesday, August 22, 2023

Haynesville gas gathering and treating provider Clearfork Midstream LLC (“Clearfork”) today announced the completion of transformative gathering, treating, and compression expansions across its Holly System in North Louisiana.

Key Points: 
  • Haynesville gas gathering and treating provider Clearfork Midstream LLC (“Clearfork”) today announced the completion of transformative gathering, treating, and compression expansions across its Holly System in North Louisiana.
  • These expansions represent a system-wide capacity increase of approximately 65% since Clearfork’s acquisition of the assets in February 2022.
  • Clearfork’s North Louisiana footprint now serves customers across the entirety of the Haynesville core, as system volumes have eclipsed 1.0 billion cubic feet per day (Bcf/d) in July.
  • View the full release here: https://www.businesswire.com/news/home/20230822362434/en/
    Clearfork Midstream recently completed gathering, treating, and compression expansions across its Holly System in North Louisiana.

Permex Petroleum Issues Shareholder Letter and Provides Corporate Update

Retrieved on: 
Wednesday, February 15, 2023

In January 2022, we began the pilot re-entry on the West Henshaw well #15-3 in New Mexico.

Key Points: 
  • In January 2022, we began the pilot re-entry on the West Henshaw well #15-3 in New Mexico.
  • The recompletion was successful, came online at an initial rate of 30 barrels of oil per day (BOPD), and has stabilized at 15 BOPD.
  • We believe production rates from this mature, long-life well will continue with less than 10% decline year over year.
  • As we continue to work diligently to execute on our methodical approach to sustainable, long-term growth, I am confident that Permex will thrive in the years ahead.

"2023 Word of the Year: ELEVATE"

Retrieved on: 
Wednesday, January 4, 2023

DALLAS and FORT WORTH, Texas, Jan. 4, 2023 /PRNewswire/ -- New & innovative marketing firm, IGNYT Agency, launches this week and is already making an impact across the metroplex. Having already worked with clients on debut novels, music festivals, and virtual sports it's clear that this exceptional start-up is anything but the boring, cookie-cutter agencies of the past.

Key Points: 
  • Having already worked with clients on debut novels, music festivals, and virtual sports it's clear that this exceptional start-up is anything but the boring, cookie-cutter agencies of the past.
  • Through extensive due diligence on your brand and competitive landscape, IGNYT elevates its clients to a new scope of possibilities, far & above the competition.
  • Creating strategic partnerships that foster sustainable growth in varied business cycles is the intention behind IGNYT's unconventional approach.
  • Though usually this tandem is working together behind the scenes to ensure a well-oiled machine, they've gone in a new direction by creating something new!

Clearfork Midstream Announces Signing of New Commercial Agreements and Expansion of its Haynesville Gathering, Treating, and Compression Capacity in North Louisiana

Retrieved on: 
Tuesday, October 11, 2022

Clearfork Midstream LLC (Clearfork) today announced the signing of several new producer-customer commercial agreements and treating capacity expansions on its Holly System in North Louisiana.

Key Points: 
  • Clearfork Midstream LLC (Clearfork) today announced the signing of several new producer-customer commercial agreements and treating capacity expansions on its Holly System in North Louisiana.
  • Clearfork is actively developing new midstream gathering and treating projects in addition to increasing downstream takeaway optionality for Haynesville producers.
  • As part of these expansions, Clearfork plans to build new interconnects for additional takeaway capacity and downstream market optionality for customers.
  • In conjunction with the gathering expansion, Clearfork is increasing its overall treating and compression capacity across its Holly System.

Permex Petroleum Reports Successful Recompletion of wells on its New Mexico and Texas Properties

Retrieved on: 
Tuesday, August 30, 2022

In August, Permex continued its re-entry and stimulation program on its Henshaw Premier Unit and Oxy Yates properties situated in Eddy County New Mexico.

Key Points: 
  • In August, Permex continued its re-entry and stimulation program on its Henshaw Premier Unit and Oxy Yates properties situated in Eddy County New Mexico.
  • The Company has an additional 62 shut-in oil, gas and salt water disposal wells remaining to be brought online.
  • Management believes these wells will have the potential to yield similar results, increasing the Companys total daily production solely by re-entering shut-in wells.
  • This includes review of all injection wells, downhole pressure and communication between injectors and receiving wells.

IT'S O-FISH-IAL: OUTDOOR RETAILER CATCH CO. UNVEILS ITS FIRST EXPERIENTIAL RETAIL STORE, KARL'S FISHING & OUTDOORS

Retrieved on: 
Tuesday, June 14, 2022

CHICAGO, June 14, 2022 /PRNewswire/ --

Key Points: 
  • Located in WestBend, a 278,000-square-foot retail, office and dining destination in Fort Worth's University District with trails leading to the Trinity River, Karl's Fishing & Outdoors is a 2,500-square-foot storefront that combines retail with engaging, hands-on experiences.
  • The interactive store features best-in-class products for fishing and outdoor buffs.
  • Ideally located on the Clear Fork of the Trinity River, the store will host fishing lessons and meetups, including philanthropic events and entertainment.
  • Products include rods, reels, tackle, kits, tools, fly fishing gear, kayaks, apparel and outdoor lifestyle items.

Clearfork Midstream Adds to Leadership Team, Announces New Commercial Agreements and Optimization Projects

Retrieved on: 
Thursday, April 7, 2022

Clearfork Midstream LLC (Clearfork) today announced it has added two senior management professionals to its leadership team, secured two new commercial agreements with natural gas producers and has begun several optimization projects to upgrade service for its existing customers.

Key Points: 
  • Clearfork Midstream LLC (Clearfork) today announced it has added two senior management professionals to its leadership team, secured two new commercial agreements with natural gas producers and has begun several optimization projects to upgrade service for its existing customers.
  • Clearfork is also pleased to announce that Victor Davis has joined the company as executive vice president of operations.
  • Clearfork has secured two new commercial agreements with natural gas producers for its pipeline and natural gas treating facilities in Louisiana and Texas.
  • Clearfork recently launched several optimization projects on its Holly System to upgrade service and run more efficiently for existing customers.

Allied Energy Corporation Reviews 2021 Oil Leases Progress to Production and Provides 2022 Outlook

Retrieved on: 
Thursday, January 20, 2022

GILMER LEASE 2022 OUTLOOK: Initial production data indicates that the pumping set up was insufficient to move the amount of fluids required using the gas bleed from the Wells.

Key Points: 
  • GILMER LEASE 2022 OUTLOOK: Initial production data indicates that the pumping set up was insufficient to move the amount of fluids required using the gas bleed from the Wells.
  • PROMETHEUS LEASE 2022 OUTLOOK: Prometheus Well 1H continues to pump as Allied refines the processes to maximize the potential of Well 1H.
  • We now go into 2022 as a producing oil company that is selling oil to our contracted agent.
  • About AGYP: Allied Energy Corp. is an energy development and production company acquiring oil & gas reserves in some of the most prolific hydrocarbon bearing regions of the United States.

Clearfork Midstream to Acquire Azure Midstream Energy, Secures Initial Capital Commitment from EnCap Flatrock Midstream

Retrieved on: 
Tuesday, January 18, 2022

Clearfork Midstream LLC (Clearfork) today announced it has secured a capital commitment from EnCap Flatrock Midstream (EFM) and has entered into a definitive agreement to purchase Azure Midstream Energy, LLC (Azure Midstream).

Key Points: 
  • Clearfork Midstream LLC (Clearfork) today announced it has secured a capital commitment from EnCap Flatrock Midstream (EFM) and has entered into a definitive agreement to purchase Azure Midstream Energy, LLC (Azure Midstream).
  • Vinson & Elkins LLP served as legal adviser to Clearfork on both the equity commitment and the acquisition of Azure Midstream.
  • Clearfork is backed by a $400 million equity commitment from EnCap Flatrock Midstream.
  • EnCap Flatrock Midstream provides value-added growth capital to proven management teams focused on midstream infrastructure opportunities across North America.

Allied Energy Achieves Oil Production at the Gilmer Lease Wells

Retrieved on: 
Thursday, October 14, 2021

Throughout the month of September, Allied ground crews were focusing their efforts at the Gilmer Lease site and on wells number 1, 2, and 5, specifically.

Key Points: 
  • Throughout the month of September, Allied ground crews were focusing their efforts at the Gilmer Lease site and on wells number 1, 2, and 5, specifically.
  • Allied has reached an important milestone in that we have achieved initial oil production at two of our lease locations.
  • We have two wells producing at the Green Lease and three wells producing at the Gilmer Lease.
  • About AGYP: Allied Energy Corp. is an energy development and production company acquiring oil & gas reserves in some of the most prolific hydrocarbon bearing regions of the United States.