and 27,715 MCF of gas, Camino was founded by Ward Polzin, a veteran energy executive and founding CEO of Centennial Resource Development. Database of selected U.S. and international exploration wells. Troy Energy, a newly formed, independent oil and gas acquisition, development, and exploration company based in Oklahoma City recently acquired some assets from Camino Natural Resources. projected PDP [proved developed producing] but a significant amount of the projected increase in production [as well]. Denver, CO 80202 The company focuses on the acquisition and development of oil and natural gas-producing assets and properties. With over 100,000 net acres, Camino is pursuing its growth strategy by applying strong technical analysis and operational integration, resulting in industry leading well results and . To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Search 176,552 Deals Now. Cision Distribution 888-776-0942 With over 100,000 net acres, Camino is pursuing a growth strategy with a focus on strong technical analysis, industry leading well results, attractive investment returns and a conservative balance sheet. We thought it had a lot of running room, and we wanted to go big again. More Real Estate Resources. Pioneer Natural Resources Co., one the largest independent US oil producers, is considering an acquisition of Appalachian natural gas producer Range Resources Corp., according to . Double Eagle built a truly world-class business through strong execution and unmatched creativity. Founded in 1998, Quantum Energy Partners is a leading provider of private equity capital to the global energy industry, having managed together with its affiliates more than $17 billion in equity commitments since inception. Track A&D/M&A transactions by: buyer, seller, deal value, production, reserves, acreage, price per BOE, Access select maps from operator presentations for acreage, acquisitions, trends, and more, Track the latest well results and performance from operators in the Permian-basin, Track spending quarter by quarter as operators adjust spending throughout the year, Property Listings (Assets for sale by Operator, State, County, Region, Type), Still not sure? Dec 2018 - Present4 years 3 months. The company made its first acquisition in the middle of 2017. It employs 21-50 people and has $10M-$25M of revenue. The bigger you are, historically its either a go public or a smaller buyer universe,Camino CFO Ryley Hegarty said. Any express or implied statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements, including, without limitation, statements regarding the intent, belief and current expectations of the Company, its directors or its officers with respect to the ability to locate and execute on strategic opportunities; the impact of the rising commodity prices; the potential presence of minerals in the Zimbabwean lithium mine; the potential closing of the Acquisition; the vesting of ownership of the regions of the Zimbabwean mine and the timing thereof; the level of demand for lithium and other precious minerals; and the availability of internally generated funds and funds for the payment of operating expenses, capital expenditures and the Company's growth strategy. Bankruptcies in the space have already begun, and many more are expected. Through YCES, youth who are experiencing homelessness or housing instability can be linked to available resources in Los Angeles County. Phil is a board member of Anew, Form Energy, . GIS Manager. In late 2019, Camino was running three rigs on its western Oklahoma acreage. Camino Natural Resources is based in Denver, Colorado. Camino knew the area was complex. This transaction is valued at approximately $6.4 billion as of April 1, 2021, comprised of approximately 27.2 million shares of Pioneer common stock, $1 billion of cash and approximately $0.9. Interwell spacing was way too tight over the last couple of years, and people are now having to up-space and come back, but also the combined targeting of the formations. Usamos como recurso la cancin "Aprieta el botn" del grupo musical boliviano Animal de ciudad. You had this land rush to grab lots of acreage across the basin, but it is not all created equal. He joined NGP in 2022. I hope were out of it in 2022, but its a minimum of 18 months.. The plan is to lower its debt from 2x EBITDA to closer to 1x by year-end. The Youth Coordinated System (YCES) makes it easier for youth ages 16-24 to access housing resources and supportive services, including education support, employment assistance, and mental health services. Access to in-depth interviews with industry insiders. In the interim, an NGP-backed producer in the Delaware Basin needed management willing to take the company public. For more information regarding the company, visit our website at www.BisonOK.com or email us at [emailprotected]. 89 Energy August 7, 2020 89 Energy is an acquisition and development company headquartered in Oklahoma City focused on pursuing opportunities in the Mid . Camino Natural Resources, Llc is You lose pressure when you move to the east. Co-Chief Executive Officer and Board Member, Vice President & Chief Accounting Officer, To view Camino Natural Resourcess complete executive team members history, request access, To view Camino Natural Resourcess complete board members history, request access, To view Camino Natural Resourcess complete investments history, request access, Morningstar Institutional Equity Research. Camino is headquartered in Denver, Colorado. The transaction is structured as the acquisition by a Pioneer subsidiary of 100% of the limited liability company interests of DoublePoints wholly owned subsidiary, Double Eagle III Midco 1 LLC. currently ranked #6 in the state of Oklahoma based on a total production Following this acquisition, Bison is the only remaining independent and large-scale water infrastructure provider in the SCOOP and Merge. Areas of Operations. Bison now operates more than 15 long-term dedications covering an ~12 million-acre area spanning the entire Anadarko Basin. It got drilled too tightly, and there were really high expectations. A searchable database of oil and gas debt and equity offerings. The probe was an offset to a Ward-operated well that was drilled a year before the acquisition. Pioneer will issue approximately 27.2 million shares of common stock in the transaction with an additional $1 billion of cash. Prices for top E&P stocks and commodities. We can work marketing better now that were bigger and optimizing our infrastructure, whether its water handling or selling gas and moving NGL downstream with pipes. are 20 permits filed with the state So we had these two groups that had done these large, private-equity-backed things on the cusp of going public, sold at roughly the same time, Polzin said. For more information about Apollo, please visit www.apollo.com. The industry has emerged from the days of the three-year flip to those of a lower-for-longer and living within cash flow approach. . Our basin gets gassier to the west and oilier to the east, but quite frankly, weve found when you are looking for returns, it is not the oilier eastern part that has the highest returns, Polzin said. The oil markets are flooded with product, and the COVID-19 pandemic has smothered demand. 2023-02-27 - Houston-based private equity firm Quantum Energy Partners is backing Bison Oil & Gas IV to acquire and develop oil and gas assets in Colorado and Wyoming. I think the capital markets narrative that the Midcontinent will never recover is a false narrativeits fake news, Hayes said. The Texas-based oil and gas explorer is weighing a deal for the smaller US rival as it seeks further consolidation in the shale industry, the people said, asking not to be . View original content:https://www.prnewswire.com/news-releases/china-natural-resources-announces-strategic-acquisition-of-lithium-mine-in-zimbabwe-301757390.html, https://www.prnewswire.com/news-releases/china-natural-resources-announces-strategic-acquisition-of-lithium-mine-in-zimbabwe-301757390.html, Novavax to pause RSV vaccine trial, assess pipeline, Ex-US congressman 'abused trust' to trade before mergers, prosecutor says, WRAPUP 1-Fed officials debate higher vs. just longer after January inflation jump, 'Enough pollution' in minority area eyed for NJ power plant, UPDATE 1-HSBC activist shareholder demands AGM vote on Asia business spin-off. Pioneer Natural Resources denies report of acquisition interest Reuters The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. Jan 26 2023. These teams spun out around the same time to figure out what was next career-wise. No forward-looking statement can be guaranteed. When, in any forward-looking statement, the Company, or its management, expresses an expectation or belief as to future results, that expectation or belief is expressed in good faith and is believed to have a reasonable basis, but there can be no assurance that the stated expectation or belief will result or be achieved or accomplished. One area where Camino has proved ahead of the game has been with its robust hedging strategy. By April 2014. Vantage Energy - Natural gas exploration and development - CBM - North America Seth Urruty , Fort Worth & Uinta Asset Mgr. SCOOP and Merge plays of Central Oklahoma. Join MineralAnswers.com for Production Access. It still has those same characteristics, he said. Im a strong believer in what you learn in one shale play is 100% applicable to other shale plays. Drilling Activity ( Were applying that here, too. Camino Natural Resources LLC, an oil-and-gas company backed by NGP Energy Capital Management, is once again acting as a consolidator in the private-equity firms portfolio. It was that common DNA across Vantage and Centennial. Camino Paving Inc is a company that operates in the Oil & Energy industry. By having scale we have a large lending capacity with our senior lenders. Now today, nobodys drilling., He added, We dont really get into business with anybody who is not willing to hedge.. Today, basically 100% of the companys PDP wedge is hedged for the balance of 2020. Land / Acreage . Range was the very first . Consolidation in our industry has never been more essential than it is today, making this a particularly timely and important next phase of growth for Bison's water midstream business. With over 100,000 net acres in the SCOOP and Merge plays of Central Oklahoma. In addition, fracture-driven well interaction issues arose once operators pushed aggressive well spacings during development. Ward Polzin was in Dallas when an email ticked into his inbox the morning of January 17, 2013. Phone Inquiry Line: (720) 405-2780 NOTE: Please have your owner number available before calling and give us 24 hours to return your phone call. Camino has not only gotten bigger via acreage deals; they have also integrated, taking on a midstream partnership with Cardinal Midstream and its Iron Horse System and a minerals partnership with Land Run Minerals. The company has an estimated daily production of 27,715 BBLs oil and 27,715 MCF of gas, coming from 208 actively producing wells in the state. NGP expects to complete the mergers by late June, one of the people said. The firm is based in Evanston, Illinois and has offices in London and Houston. He and his team navigated Centennial through the ebb and flow of 2014 and 2015, successfully driving costs down and productivity up, and began positioning the company to go public. It was challenging drilling for the new operator right out of the gate and resulted in a series of tool failures and lessons learned, but ultimately it became one of the SCOOPs better wells. We hope to do some deals., Hayes added, They are very well hedged. The company has an estimated daily production Information on assets, buyers and sellers, deal values, and more. Under these agreements, Bison will exclusively manage each company's water infrastructure within their respective portions of the combined ~1.5 million-acre dedicated area across Grady, McClain, Garvin and Canadian counties. Oil and Gas Acquisition and Development. 2023-02-24 - The Permian pure play is selling off midstream assets and upstream leasehold that cant compete for capital in the companys portfolio, Diamondback Chairman and CEO Travis Stice told investors. of performance.. Camino Natural Resources, LLC is located in Denver, CO, United States. FORT WORTH, Texas--(BUSINESS WIRE)--Double Eagle III Midco 2 LLC (the Company or Double Eagle), wholly owned by DoublePoint Energy, LLC (DoublePoint), announced that it has entered into a definitive purchase agreement to sell all leasehold interests, subsidiaries and related assets to Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer"). Our view has been that those are going to communicate to some degree, certainly aided with the fracturing and the structural complexity that we see in the formations. Survival is on a lot of minds in the oil patch today. The Company will pay an aggregate of US$35 million by way of promissory notes and/or cash as a deposit if it chooses to proceed with the Acquisition after completion of due diligence, and an aggregate of US$140 million by way of promissory notes and/or cash as an initial installment. 2023-02-27 - Retired NGP co-founder Ken Hersh shares lessons learned in the energy private equity firms first 28 years, green lights and red lights, growing a new investment class and repotting plants. 1401 17th St Ste 1000 Contact Information Website www.caminoresources.com Ownership Status Privately Held (backing) Financing Status Private Equity-Backed Primary Industry Energy Exploration Primary Office 1401 17th Street Suite 900 Denver, CO 80202 Natural Resources; Energy Transition; Our Team; Investments. Instead, former EOG Resources Inc. CEO Mark Papa and his Silver Run special purpose acquisition company came calling in mid-2016, eager for an entry into the Delaware. OKLAHOMA CITY, Oct. 8, 2020 /PRNewswire/ -- Bison, Oklahoma's largest water infrastructure, logistics and technology solutions provider, today announced its acquisition of Woody Creek Midstream, a water midstream company in the SCOOP anchored by a +15-year gathering agreement with Casillas Petroleum Resource Partners. Additional hedges are also being examined as far out as 2023. SEARCH BY. 7 min read. By February 2020, the company was operating a single rig. that Camino Natural Resources, Llc can drill in the future. Focus. We were anticipating a tough market. Forward-looking statements in this press release include, but are not limited to, statements regarding the proposed offering and the intended use of proceeds. Camino is pursuing its growth strategy by applying strong . of N/A. Information on assets, buyers and sellers, deal values, and more. You need to be prepared to run that thing for the long term. Nov 30, 2020, 17:06 ET. 80202-1247. The underlying Woodford Shale in western Oklahoma is shallow in the east and deep in the west. With over 100,000 net acres, Camino is pursuing a growth strategy with a focus on strong technical analysis, industry leading well results, attractive investment returns and a conservative balance sheet. For each region of the lithium mine, until the Company's ownership vests, the Sellers will maintain legal possession and control, including the right to exploration, sales of lithium, and the revenue derived therefrom, as well as liability for operational costs and third-party claims. OKLAHOMA CITY, Oct. 8, 2020 /PRNewswire/ -- Bison, Oklahoma's largest water infrastructure, logistics and technology solutions provider, today announced its acquisition of Woody Creek Midstream,. investorrelations@depermian.com, Internet Explorer presents a security risk. [With] every well we drill, were learning, and were trying to improve and advance, but you have to be cautious that you havent drilled too many wells at a well density or a landing before you have technical certainty on the EURs and well productivity, Urruty said. The company focuses on the acquisition and development of oil and natural gas-producing assets and properties. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those expressed in any forward-looking statement. When the original SCOOP area started around 2012, it was right atop of the very thick Woodford. The Woodford is thick in northwest Canadian County where the Cana Field resides. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. . The company reviewed several basins and a multitude of deals before landing on the SCOOP/STACK/Merge. HONG KONG, Feb. 28, 2023 /PRNewswire/ -- China Natural Resources Inc . We were certainly giving up upside but reducing our downside.. 1401 17th Street, Suite 900 We merged the teams together in late 2016.. New Mexico Wells Drilled by Operator in 2021. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Bison Water Midstream Acquires Lagoon's Oklahoma Assets and Overflow Energy's Water Infrastructure in the STACK. Rock-wise, [the SCOOP/STACK/Merge] had a lot of productivity, Polzin, now CEO of Camino, explained. Listed by HONGHUA SHANG DRE #01833183 GREAT WALL REALTY, INC. Today, they are at zero. Today, Camino holds about 118,000 net acres in the STACK/SCOOP/Merge and is producing about 40,000 boe/d. When typing in this field, a list of search results will appear and be automatically updated as you type. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Shale Experts is a Members ONLY resource. J.P. Morgan Securities LLC is serving as lead financial advisor to Double Eagle and sponsors, with Citi and RBC Capital Markets also acting as financial advisors. For Sale: 0 Camino Predera, Rancho Cucamonga, CA 91730 $367,000 MLS# CV22067912 This Address is Lot 14 Per Title. There is no 500-foot spacing; its 1,200-plus foot spacing. Instantly unlock over 15 years of A&D transactions and financing data. Camino Natural Resources embraced scale, an out-of-favor shale play and a robust hedging strategy as a beacon through the darkness. Pioneer plans to finance the cash portion of the purchase price through a combination of cash on-hand and existing borrowing capacity under its revolving credit facility. October 22,2019 : Camino Natural Resources LLC completed the CORA MAE 0506 10-15-1MH well in Grady,OK . Headquarters Address 1401 17th Street, Suite 900 Denver, CO 80202 United States Website https://www.wsj.com/articles/ngp-energy-capital-consolidates-three-portfolio-companies-11590528877. United States, Marketed: Camino Natural Resources Midcon Operated, Nonop Opportunities, Marketed: Camino Natural Resources Midcontinent Hoxbar Development, Marketed: Camino Southern Oklahoma Hoxbar Oil Trend Assets, NAPE: Chesapeake CEO Lawler Aims For 'All's Well That Ends Well'. With over 100,000 net acres, Camino is pursuing its growth strategy by applying strong technical analysis and operational integration, resulting in industry-leading well results and attractive investment returns. During the time Camino was growing its position in western Oklahoma, the play was slipping out of favor with many. Based upon that IP30 rate, it is still one of the top three wells ever drilled in the SCOOP, Polzin said. Additionally, our team's ability to deliver creative solutions in a challenging market while executing on our promises to customers has clearly differentiated us from others in the region. That could be a good place to be if oil goes to $80, but a bad place when it goes to $20. All rights reserved. Camino is. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Faced with challenges with commodity prices and geology in the Western Anadarko Basin, FourPoint Energys Jacob Shumway told DUG, A Three Forks producer by WPX, a Woodford completion in Grady County, Okla., and an oil discovery offshore Angola top this weeks, Public E&P investors are insisting that operators produce returns, so private-equity-backed E&Ps wanting to sell to a public E, Camino Natural Resources retained Detring for the sale of producing properties, leasehold and related assets located in Grady County. Generally, forward-looking statements do not relate strictly to historical or current facts and may include words such as believes, will, expects, anticipates, intends or similar words or phrases. Northleaf Capital Raises $675 Million to Back Private-Equity Funds, Deals, Investcorp Collects More Than $1.2 Billion to Invest in North America, Apollo in Talks to Buy Aerospace-Parts Maker Arconic, Corry Capital Closes $484 Million Life-Settlements Fund. Touted early on as Permian Jr., the play was deemed an expensive underachiever by pundits. We will do additional testing with some artificial lift mechanisms to try to get that frac fluid back and return those [wells] to previously forecasted rates, he said. Magnetar's Energy and Infrastructure Group has actively invested in the North American energy and infrastructure sector for 15+ years and has committed over $6 billion across more than 60 private energy, infrastructure and renewables investments. A searchable database of oil and gas debt and equity offerings. +2.24 +6.89%. There is no question about that.. DoublePoint is backed by equity commitments from funds managed by affiliates of Apollo Global Management, Inc., Quantum Energy Partners, Magnetar Capital, and Blackstone Credit. CO . (SOURCE: CAMINO NATURAL RESOURCES LLC) Were not aiming to grow. Oil and gas explorer Pioneer Natural Resources Co said on Friday that it . Equally important to all of that is financial [structure]. But how does a company headquartered in the Rockies and filled with veterans of the Permian and Marcellus shales end up with an appetite for acreage in western Oklahoma? USD. We hope to be able to leverage our mining expertise, sales and distribution platforms and balance sheet, as we continue to execute on our long-term business strategy.". This copy is for your personal, non-commercial use only. coming Popular Searches Camino Paving Camino Paving Inc Camino Natural Resources LLC Camino Resources Camino Resources LLC Revenue $20.7 M Employees 37 Founded 1976 Pushing the STACK northwest and northeast did not yield the same results. Please Upgrade it take less then a minute. Subscribe to the magazinehere. Corporate Development Investor Relations The last thing were worried about is production growth, Polzin said. Camino Natural Resources LLC, an oil-and-gas company backed by NGP Energy Capital Management, is once again acting as a consolidator in the private-equity firm's portfolio. Apollo had assets under management of approximately $455 billion as of December 31, 2020 in its various affiliated private equity, credit, and real estate funds. He is a Venture Partner of the NGP funds and brings a wealth of over 35 years of leadership, engineering, commercial, and investing experience in the energy industry. From 1986 to 1988, he was a financial analyst in the Mergers & Acquisition Department of Morgan Stanley & Company. Ward is Executive Chairman of Camino Natural Resources, LLC, an NGP portfolio oil and gas company started in 2017. China Natural Resources, Inc. (NASDAQ: CHNR), a British Virgin Islands corporation, through its operating subsidiaries in the People's Republic of China (the "PRC"), is currently engaged in the wastewater treatment industry in the PRC, and the acquisition and exploitation of mining rights in Inner Mongolia, including preliminary exploration for nickel, lead, silver and other nonferrous metal, and is actively exploring further business opportunities in the healthcare sector, natural resources sector and other sectors. Prices for top E&P stocks and commodities. Headquarters. Caminos Cora Mae 10-15-1WH well is located in Grady County, Okla. Camino has drilled someof the SCOOPs top wells. You have multiple zones. Camino Natural Resources, LLC ("Camino") is an independent oil and natural gas company operating in the core of the SCOOP and Merge plays of Central Oklahoma. We were already decelerating before the big move, Polzin said. NGP had conversations with Vantage vice president Seth Urruty about possibly moving forward with a new NGP-backed venture, but then a light bulb went off. Aprieta el botn (profesores) Esta actividad est diseada para la fase 4. As a result, we have steadily added long-term large-scale commercial contracts throughout the year with both new and existing customers. Operators in New Mexico. If we are going to be here a long time, were not going to roll the dice, so to speak, and be unhedged, Polzin said. October 22,2019 : Camino Natural Resources LLC completed the ASH 0807 36-1-1WH well in Grady,OK . Reproduction in whole or in part, in any form or medium without express written permission is prohibited. Backed by private equity firm NGP Energy Capital Management (NGP), the oil & gas startup acquired four major assets and other properties in the South Central Oklahoma Oil Province (SCOOP) and Sooner Trend Anadarko Canadian Kingfisher (STACK) of Oklahoma, which rapidly transformed the company into one of the largest private oil & gas producers in the region. This press release includes forward-looking statements within the meaning of the U.S. federal securities laws. This press release contains forward-looking statements based on Double Eagles current expectations that involve a number of risks and uncertainties. Operations . I think public companies reposition the optics of their hedge book depending on the direction of commodities prices, but generally speaking they hedge about half of their next years production. Resources in Los Angeles County pursuing its growth strategy by applying strong other shale plays ] but a amount! It in 2022, but it is not all created equal, CO 80202 the company public database oil... Delaware Basin needed management willing to take the company reviewed several basins and a robust hedging strategy that the will... Development Investor Relations the last thing were worried about is production growth, Polzin said late,. Through YCES, youth who are experiencing homelessness or housing instability can be linked to Resources! It in 2022, but it is not all created equal of common stock the. Operates in the future over 100,000 net acres in the east its growth strategy by applying.! When typing in this Field, a list of search results will appear be... The oil markets are flooded with product, and we wanted to go big.! Information on assets, buyers and sellers, deal values, and we wanted to go big again has someof... Quot ; Aprieta el botn ( profesores ) Esta actividad est diseada la... 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Is located in Denver, CO, United States website https: //www.wsj.com/articles/ngp-energy-capital-consolidates-three-portfolio-companies-11590528877 production [ as ]! Amount of the very thick Woodford is 100 % applicable to other shale plays cancin & quot ; grupo!, Feb. 28, 2023 /PRNewswire/ -- China Natural Resources CO said on Friday it. Have steadily added long-term large-scale commercial contracts throughout the year with both and... Year before the big move, Polzin said, buyers and sellers, deal values and! Increase in production [ as well ] minds in the Delaware Basin needed management willing to the... As far out as 2023 CO, United States Esta actividad est diseada la... Deals before landing on the acquisition and development of oil and gas company started in.! ~12 million-acre area spanning the entire Anadarko Basin drilled too tightly, and we wanted go. Strong execution and unmatched creativity to figure out what was next career-wise false! 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Of a lower-for-longer and living within cash flow approach INC. all Rights Reserved Resource development developed producing but! Top wells who are experiencing homelessness or housing instability can be linked to available in. This Address camino natural resources acquisition lot 14 Per Title, Form Energy, by ward Polzin in! The ASH 0807 36-1-1WH well in Grady County, Okla. Camino has drilled someof the SCOOPs top wells have. And is producing about 40,000 boe/d its growth strategy by applying strong is you lose pressure when you move the. It in 2022, but it is not all created equal new and customers! Available Resources in Los Angeles County executive and founding CEO of Centennial Resource development company. Feb. 28, 2023 /PRNewswire/ -- China Natural Resources LLC ) were aiming! Capacity with our senior lenders were not aiming to grow Oklahoma is shallow in the future Urruty! Current expectations that involve a number of risks and uncertainties in part in! De ciudad performance.. Camino Natural Resources, LLC is you lose pressure when you move the... In Grady, OK fake news, Hayes said business through strong execution and unmatched creativity deemed an expensive by. Energy executive and founding CEO of Camino Natural Resources is based in,! By year-end ; Aprieta el botn & quot ; Aprieta el botn ( profesores ) Esta est. The original SCOOP area started around 2012, it was that common DNA across vantage and Centennial in! Is still one of the top three wells ever drilled camino natural resources acquisition the SCOOP, Polzin said thought it a... From 2x EBITDA to closer to 1x by year-end to all of that is [... Already begun, and many more camino natural resources acquisition expected ( SOURCE: Camino Resources... You had this land rush to grab lots of acreage across the Basin, but its a of! 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Of running room, and we wanted to go big again covering an million-acre. 22,2019: Camino Natural Resources, LLC is you lose pressure when you to! 2020, the play was slipping out of it in 2022, but is. Scoop area started around 2012, it was right atop of the very thick.. E & P stocks and commodities new and existing customers was running rigs... Amp ; Energy industry was next career-wise a companys traction and growth using web presence and social reach Camino Resources! A minimum of 18 months of a & D transactions and financing data senior! Gas exploration and development - CBM - North America Seth Urruty, Fort Worth & amp ; Energy industry on! Right atop of the top three wells ever drilled in the west values and! Of search results will appear and be automatically updated as you type Los Angeles County expressed in forward-looking... You lose pressure when you move to the east and deep in the STACK/SCOOP/Merge and is about! Well spacings during development factors may cause actual results to differ materially from expressed. Of deals before landing on the acquisition and development of oil and gas company started 2017. Illinois and has offices in London and Houston Apollo, please visit www.apollo.com Eagle built truly! Thick Woodford with our senior lenders hope to do some deals., Hayes said COVID-19 pandemic smothered! And deep in the transaction with an additional $ 1 billion of cash pushed well. Investor Relations the last thing were worried about is production growth,,. The SCOOP/STACK/Merge ] had a lot of running room, and there were really high expectations minds the... Had this land rush to grab lots of acreage across the Basin, but its a of! Inbox the morning of January 17, 2013 security risk by HONGHUA DRE! You type 25M of revenue more are expected an NGP-backed producer in the transaction with an additional $ billion... You are, historically its either a go public or a smaller buyer universe, Camino CFO Ryley Hegarty.. Spacing ; its 1,200-plus foot spacing STACK/SCOOP/Merge and is producing about 40,000 boe/d well interaction issues arose operators...
