Year of Investment. The result was Denver-based Camino Natural Resources LLC. Reproduction in whole or in part, in any form or medium without express written permission is prohibited. Camino is headquartered in Denver, Colorado. Buyer Type (PE or Strategic) . 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. Its oil production is 100% hedged for 2021. The oil markets are flooded with product, and the COVID-19 pandemic has smothered demand. 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. NGP partner Chris Carter introduced Urruty to Polzin, and the pair hit it off. When typing in this field, a list of search results will appear and be automatically updated as you type. Whereas with most of our companies, we have not only hedged their Nov 30, 2020, 17:06 ET. I want to be a survivor, and we will be. Operators were pushing the boundaries of the core, while the issue of parent/child well interference began to rear its ugly head. 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. of performance.. Today, Camino holds about 118,000 net acres in the STACK/SCOOP/Merge and is producing about 40,000 boe/d. NEW YORK, Nov. 30, 2020 /PRNewswire/ -- Far Peak Acquisition Corporation (the "Company") announced today that it has commenced its initial public offering ("IPO") of . Camino Natural Resources, Llc 2023-01-18 - The $600 million upsized private offering of senior notes is a $100 million increase from the original offering amount. 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. It was an opportunity for the Camino team and its investors that wouldnt arise somewhere like the Permian Basin, where many billion-plus dollar private-equity-backed operators reside. Its imperative that we have consistent and robust hedges, Hayes explained. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. Independent oil and natural gas acquisition and development company. Its lower prices for a longer time frame, and deeper cuts [are] required. Its serendipitous now with where the market is, but that was how we started.. Operations . You lose pressure when you move to the east. So we said lets try it again. When the play overheated in 2017, operators pulled away from the core, trying to findproductive extensions to widen the footprint. With Centennial, the whole plan was to go public. 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 . Even as it reviewed deals, it studied what made each play tickthe natural drivers. The fit and the synergies are clear, and we look forward to working with Pioneer to continue creating value., Geoffrey Strong, Senior Partner and Co-Head of Infrastructure and Natural Resources of Apollo, commented, The combination of Pioneer and DoublePoint is compelling from both a financial and operational standpoint and a natural fit for DoublePoint. Most public companies hedge portions of their production for the span of the current calendar year if they hedge at all. The company focuses on the acquisition and development of oil and natural gas-producing assets and properties. Bankruptcies in the space have already begun, and many more are expected. DALLAS (PRWEB) February 13, 2018 Archeio Technologies (Archeio) announces that Camino Natural Resources, LLC (Camino), one of the largest privately held energy producers in Oklahoma, has selected its cloud-based oil & gas document management software. DoublePoint is backed by equity commitments from funds managed by affiliates of Apollo Global Management, Inc., Quantum Energy Partners, Magnetar Capital, and Blackstone Credit. Feb. 27, 2023. Oil and gas explorer Pioneer Natural Resources Co said on Friday that it . Seth brought a lot of good practices when thinking about running this for 10 years. Camino is pursuing its growth strategy by applying strong . Subscribe to get unmatched coverage of the oil and gas industrys entire landscape. hartenergyconferences.com . CO . For investor relations, please contact Michael Dalton at (713) 452-2000. Dec 2018 - Present4 years 3 months. Pioneer Natural Resources Company (NYSE:PXD) is considering an acquisition of Range Resources Corporation (NYSE:RRC), according to people familiar with the the matter. 9581 Retreat Pl; 9318 Hellman . Revenue grew $500 million on the strength of production, returning drilling activity, and rebound in market prices. 1 min read. [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. Additionally, Bison announced that it has entered into a 15-year water gathering and disposal agreement with Camino Natural Resources, a 30-year water gathering agreement with another active private operator in the SCOOP and expanded the dedication under its existing long-term agreement with Paloma Operating Company. 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. them appeared prepared to take on the role of being a singular, large entity. Denver, CO 80202 You gain pressure to the west, but you lose oil. Camino was founded by Ward Polzin, a veteran energy executive and founding CEO of Centennial Resource Development. For more information regarding the company, visit our website at www.BisonOK.com or email us at [emailprotected]. They simply were not capitalized to do so. For more information about Apollo, please visit www.apollo.com. Enverus: Camino Natural Resources is a privately held operating company that focuses on running lean operations for maximum efficiency. It employs 21-50 people and has $10M-$25M of revenue. Camino Natural Resources Apr 2019 - Present3 years 4 months Greater Denver Area Reservoir studies, petrophysical models for reservoir characterization, simulation modelling, pvt analysis.. Scoops about Camino Paving . Camino Natural Resources retained EnergyNet for the sale of three separate packages of operated and nonoperated opportunities in the Midcontinent region located in Central Oklahoma, the Anadarko Basin and the Mississippi Lime play. Formed in 2017, Camino Natural Resources has quickly grown to 38,000 BOE/d in SCOOP and Merge with three rigs at work. Prices for top E&P stocks and commodities. The company reviewed several basins and a multitude of deals before landing on the SCOOP/STACK/Merge. This press release contains forward-looking statements based on Double Eagles current expectations that involve a number of risks and uncertainties. It is somewhere in the middle. Ward is Executive Chairman of Camino Natural Resources, LLC, an NGP portfolio oil and gas company started in 2017. Even though there were three dozen private-equity-backed companies in the SCOOP/STACK/Merge, none of From its earliest days, Camino was organized and run like a public company; scale was going to be important as the headwinds facing the industry stiffened. Meritorious Awards for Engineering Innovation (MEAs), Gulf of Mexico Energy Transformation Conference, Meritorious Awards for Engineering Innovation (MEA), DUG Midcontinent 2022: Expanding The SCOOP's Southern Sweet Spot, DUG Midcontinent: Operator Spotlight; From Zero to 100k, Camino Natural Resources Profile: Midcontinent Mover, Executive Q&A: Camino Natural Resources Growth Strategy, DUG Midcontinent: Operator Spotlight: From Zero to 38,000 BOE/d, DUG Midcontinent Day 2: Oklahoma Operators Discuss Challenges, Innovation, Best Of This Weeks Drilling Activity Highlights (Sept. 27, 2019). There were a lot of private-equity-backed companies there, but they were [generally] small. currently ranked #6 in the state of Oklahoma based on a total production You had this land rush to grab lots of acreage across the basin, but it is not all created equal. There absolutely are issues with parent wells, and thats a big piece of wanting to understand how to protect the parent, how [to] produce that parent and help it get the frac fluid off early. are 20 permits filed with the state I expect we will be bigger, and thats the goal. That could be a good place to be if oil goes to $80, but a bad place when it goes to $20. Natural Resources Transactions Since Inception, Natural Resources IPOs Completed Since 2010, Permian Basin, Eagle Ford and MidContinent regions, Permian Basin, Western Anadarko Basin and Arkoma Basin; Midstream and Infrastructure, SCOOP and Merge plays of Central Oklahoma, Years of Cumulative Team Experience in Energy Transition, Fleet Charging Infrastructure Development, North America, Europe, Middle East and Asia, Energy Transition Technology, Information and Software, 2850 N. Harwood Street, 19th Floor Dallas, TX 75201, Investing in small to midcap oilfield services and technology companies, Upstream oil and gas acquisition and development, Leading supplier of high quality, cost effective regional frac sand, Acquiring, operating and developing highquality, mature energyproducing properties, Independent oil and natural gas acquisition and development company, Oilfield services holding company formed to invest in North American companies, Independent company engaged in the acquisition and development of oil and gas properties, Private oil and gas company capturing opportunities, enhancing value and achieving profitable returns, Joint venture with a publicly traded midstream oil and gas company in the Delaware Basin, Active buyer of producing mineral and royalty interests in the United States, Responsible development of oil and natural gas assets, Exploration, growth and production of oil and natural gas assets, Privately held oil and gas company focused on developing unconventional reserves in Appalachia, Providing natural gas gathering, processing, compression, treating and transmission services, Upstream oil and gas exploration and production company, Active consolidator of mineral and royalty assets in the Haynesville and Permian Basin, Private, fullservice midstream energy company specializing in greenfield project development, Responsible acquisition, optimization and development of highreturn oil and natural gas properties, Upstream oil and gas company focused on acquiring and developing assets, Private exploration and production company focused on acquiring and developing oil and natural gas assets, Private company focused on acquiring mineral and royalty interests, Independent producer and provider of oil and gas resources and exploration services, Experienced developer and marketer of carbon offsets and credits, Helping homeowners transition to clean and sustainable geothermal heating and cooling, Developing fast-charging sites for commercial EV fleets in grid-constrained urban cores, Novel, long-duration battery technology using abundantly available materials, Making it easy for utilities and their customers to budget clean energy choices in their electric bills, Helping renewable energy buyers, sellers, advisors and financiers transact efficiently, Global leader in small modular nuclear reactor technology capable of generating reliable, carbon-free power while using less land, conserving water, and prioritizing safety, Developing innovative products to construct utilityscale groundmount solar, Providing leading edge data collection and analytics for the North American energy transition sector, Reimagining commercial solar finance with technologyenabled processes to accelerate lending to SMBs, Climate disclosure and carbon management solution, Principal investment firm providing early development capital to renewable energy infrastructure and projects, Eliminating energy waste in industrial filtration processes, Platform to connect and monetize distributed energy resources in wholesale energy markets. 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. He was there on assignment with Pioneer Natural Resources Co. while working as a managing director for investment bank Tudor, Pickering, Holt & Co. Continental [Resources Inc.s] Springboard [SCOOP] is right in the middle of that, the Lone Rock area for Cimarex [Energy Co.], the Cana Fieldall of those go right down the spine of the basin. Founded in 2005, Magnetar is a leading alternative asset manager with approximately $12.9 billion in assets under management as of January 2021. Track new and recompletion permits by: well name, class, (Oil, Gas, etc) county, state, operator, permit date and, status, API, lease information, and legal description, Rig Locations Map / Database: Updated Weekly, Search and view rig locations by: operator, well name, county, state, and wellbore type, Search for the number of wells planned to drill / complete, rigs, lateral lengths, and frac stages. Ultimately there are different ways to frac wells and drill wells, but it is still the same concepts and you can apply what youve learned everywhere, he said. 34.73. For Inquiries concerning division orders or revenue payments, please feel free to utilize our phone inquiry line, mailing address, email address, or online option below. Forward-looking statements in this press release include, but are not limited to, statements regarding the proposed offering and the intended use of proceeds. Completion of the Acquisition is contingent upon the satisfaction of a number of conditions, including, among other things, financing, due diligence results, issuance of independent technical reports, and the Company's cash and restricted share settlement of the total consideration. We thought it had a lot of running room, and we wanted to go big again. Touted early on as Permian Jr., the play was deemed an expensive underachiever by pundits. All rights reserved. The company employs different strategies for managing the primary well to help optimize the fracture complexity in the child. Today, basically 100% of the companys PDP wedge is hedged for the balance of 2020. Rextag database of energy infrastructure assets. Phil is a board member of Anew, Form Energy, . We expect similar opportunities to emerge in the coming months on both the commercial and consolidation fronts, and we look forward to sharing our progress as those materialize.". We certainly werent anticipating this tough of one, but thank goodness we were already making moves to do better in a tougher market. For more information on Quantum, please visit www.quantumep.com. Additional hedges are also being examined as far out as 2023. 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. Shale Experts is the only tool you will need to track,predict and analyze US & Canada activities. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer and will contain detailed information about the company and management, as well as financial statements. Natural Resources; Energy Transition; Media; . Patrick Leach HONG KONG, Feb. 28, 2023 /PRNewswire/ -- China Natural Resources Inc. (NASDAQ: CHNR) (the "Company" or "CHN R") an nounced today that the . It still has those same characteristics, he said. The new NGP-backed ventures first order of business was targeting assets for A&D. GIS Manager. Camino Natural Resources has agreed to pay $2.1 million as part of a settlement resolving class action claims it failed to pay statutory interest on payments that were allegedly late, in violation of Oklahoma law. NGP expects to complete the mergers by late June, one of the people said. 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? 1401 17th St Ste 1000 There is a trend with some primo rock. 2023 Hart Energy. Today, they are at zero. Total 4 lots, 564, 582, 604 Camino De Teodoro Walnut, CA 91789 APN: 8722-019-025, 8722-019-028, 8722-019-029, 8722-019-033. Were not aiming to grow. Prices for top E&P stocks and commodities. 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. 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 . Through those acquisitions, 89 and Rebellion each had a rig running, so we stepped into some activity, said Camino COO Seth Urruty. No forward-looking statement can be guaranteed. 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"). 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. Information on assets, buyers and sellers, deal values, and more. that Camino Natural Resources, Llc can drill in the future. Open. 582 Camino De Teodoro currently has a single family building on it. In late 2019, Camino was running three rigs on its western Oklahoma acreage. 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