Enterprise Begins Construction of Seventh Natural Gas Processing Plant in Delaware Basin; Orla II Now in Service

HOUSTON–(BUSINESS WIRE)–Oct. 31, 2018– Enterprise Products Partners L.P. (NYSE: EPD) today announced it has begun construction of the Mentone cryogenic natural gas processing plant in Loving County, Texas. The facility, which is expected to begin service in the first quarter of 2020, will have the capacity to process 300 million cubic feet per day of natural gas and extract in excess of 40,000 barrels per day (“BPD”) of natural gas

Callon Petroleum Company Announces Launch of $300 Million Senior Unsecured Notes Offering

NATCHEZ, Miss., Sept. 4, 2018 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) today announced that its wholly owned subsidiary, Callon Petroleum Operating Company, closed on its previously announced acquisition of oil and natural gas assets in the southern Delaware Basin from Cimarex Energy Co. for total cash consideration of approximately $538.6 million, including customary purchase price adjustments and the deposit paid upon signing, on August 31, 2018.

Primary Logo

PLANO, Texas, May 07, 2018 (GLOBE NEWSWIRE) — Torchlight Energy Resources, Inc. (NASDAQ:TRCH) (“Torchlight” or the “Company”), today announced that the Company’s Winkler project in the Delaware Basin has begun with the drilling phase of the first project well, the UL 21 War-Wink 47 #2H.  Torchlight’s operating partner, MECO IV has begun the pilot hole on the project and is currently drilling ahead at 3500 feet.  The plan is to evaluate the

Contango Announces First Quarter 2018 Financial Results and Provides Operational Update

HOUSTON , April 11, 2018 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (NYSE American:MCF) announced today an update on its Southern Delaware Basin acreage in Pecos County, Texas . River Rattler #1H As previously reported, the River Rattler #1H (44% WI, 33% NRI), our first Wolfcamp B test, was Source link

Halcón Resources Announces Acquisition of 22,617 Net Acres in Ward County, Texas at an Average Price of $14,674/acre

Halcón Resources Corporation (NYSE:HK) (“Halcón” or the “Company”) today announced it has recently acquired or entered into definitive agreements to acquire 22,617 net acres in Ward County, Texas for approximately $381 million. The properties are currently producing ~1,325 boe/d which equates to a purchase price of ~$14,674/acre (after adjusting for production using an estimated value of $35,000 per Boe/d). The Company also provided an update on recent well results in