midland

SM Energy Announces Agreement To Sell 112,200 Acre Leasehold In The Powder River Basin For $500 Million

SM Energy Company (the “Company”) (NYSE: SM) today announced that it has entered into a definitive agreement for the sale of a majority of the Company’s Powder River Basin assets for a cash purchase price of $500 million (subject to customary closing price adjustments). President and Chief Executive Officer Jay Ottoson comments: “We are very pleased to announce the signing of this agreement. Divestiture of these assets is consistent with our strategy of focusing on development

QEP Resources Announces Acquisition of Properties in the Core of the Midland Basin

QEP Resources, Inc. (NYSE:QEP) (QEP or the Company) today reported second quarter 2017 financial and operating results. The Company also announced that its wholly owned subsidiary, QEP Energy Company, has entered into a definitive agreement to acquire crude oil and natural gas properties in the Permian Basin for an aggregate purchase price of $732 million, subject to customary purchase price adjustments (the “Acquisition”). 2017 PERMIAN BASIN ACQUISITION HIGHLIGHTS Adds approximately 13,800 net acres in Martin County,

PINE BROOK AND RIVERSTONE CO-LEAD $600 MILLION LINE OF EQUITY INVESTMENT FOR ADMIRAL PERMIAN RESOURCES, LLC

Admiral Permian Resources, LLC, (“Admiral” or “the Company”) today announced it has secured a $600 million line of equity investment co-led by Pine Brook and Riverstone Holdings (“Riverstone”). Admiral is a newly-formed exploration and production (“E&P”) company focused on the acquisition and development of oil and gas properties in the Permian Basin. Headquartered in Midland, Texas, Admiral is led by Chief Executive Officer Denzil West, former President and Chief Operating

Field Landman Seminar - Midland, TX - March 30, 2017

Location: Crownquest Conference Room 18 Desta Dr Midland, TX 79705-4507 Date:  March 30, 2017 Time:  5:00 PM – 9:00 PM Credits:  2.00 CEU  1.00 CEU Ethics Speaker:  Curtis D. Horne, CPL & William B. Burford REGISTER:  https://personify.landman.org/PersonifyEbusiness/Default.aspx?TabID=1356&productId=1981052

Post Oak Energy Capital Leads $100 Million Capital Commitment to Saxet II Minerals, LLC

Post Oak Energy Capital, LP (“Post Oak”), through investment partnerships it manages, today announced that it led a $100 million equity commitment to Saxet II Minerals, LLC (the “Company” or “Saxet”). The management team will co-invest alongside Post Oak. Saxet is a Houston-based company focused on the acquisition of mineral and royalty interests in the United States. Saxet President Robert E. O’Brien and his team have extensive experience in all

Post Oak Energy Capital Leads $200 Million Capital Commitment to Moriah Henry Partners LLC

Post Oak Energy Capital, LP (“Post Oak”), through investment partnerships it manages, today announced that it led a $200 million equity commitment to Moriah Henry Partners LLC (the “Company”). Henry Energy LP (“Henry”) and Moriah Energy Investments, LLC (“Moriah”) will co-invest alongside Post Oak. Moriah Henry Partners LLC is a Midland-based exploration and production company focused on the acquisition and development of oil and gas properties in the Midland Basin

Oil and Gas Land Review, CPL/RPL Exam - Midland, TX January 24-27, 2017

The Oil and Gas Land Review is a fast-paced, intensive study of the topics covered by the CPL and RPL certification exams. Recognized throughout the industry as indicators of competency, proficiency and professionalism, AAPL offers these certifications that are proven to enhance a member’s credibility in the industry and to increase earning potential for the landmen. **COST: Non-Members – 3 Day review – $570  Members -3 Day Review w/ out

SM Energy Announces Plans To Further Core-Up Portfolio With The Sale Of Divide County Assets

SM Energy Company (NYSE: SM) today announced that it has engaged Tudor, Pickering, Holt & Co. to run a formal bid process for sale of the Company’s Divide County area assets in the Williston Basin.  Assuming an acceptable offer is received, the Company expects to close the sale transaction around mid-year of 2017.  Associated December 2016 production for the Divide County assets was 10,700 Boe/d. President and Chief Executive Officer Jay

SM Energy Announces Sale Of Non-Operated Eagle Ford Assets For $800 Million

SM Energy Company (NYSE: SM) today announced that it has entered into a definitive agreement with a subsidiary of Venado Oil and Gas, LLC , an affiliate of KKR, for the sale of the Company’s third party operated assets in the Eagle Ford, including its ownership interest in related midstream assets, for a purchase price of $800 million (subject to customary adjustments). President and Chief Executive Officer Jay Ottoson comments:

PARSLEY ENERGY ANNOUNCES MIDLAND BASIN AND DELAWARE BASIN ACQUISITIONS

Parsley Energy, Inc. (NYSE: PE) (“Parsley,” “Parsley Energy,” or the “Company”) today announced that it has entered into agreements to acquire, in unrelated transactions, certain undeveloped acreage and producing oil and gas properties located adjacent to the Company’s existing operating areas in the Midland and Southern Delaware Basins for an aggregate purchase price of $607 million in cash, with certain transactions still subject to customary closing conditions. The Company has