Permian Basin

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Concho Resources Inc. (CXO) Investors

Retrieved on: 
Wednesday, August 4, 2021
Legal, Professional Services, Geology of the United States, ConocoPhillips, Geology of Texas, Concha, Permian Basin, Dominator, Cop, Prehistory of North America

Concho investors have until September 28, 2021 to file a lead plaintiff motion.

Key Points: 
  • Concho investors have until September 28, 2021 to file a lead plaintiff motion.
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • In 2018, Concho planned and constructed the Dominator Project (Dominator) located in the Permian Basin.
  • ConocoPhillips (NYSE: COP ) acquired Concho in January 2021 and is also named as a defendant in the complaint.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Concho Resources Inc. (CXO) Investors

Retrieved on: 
Wednesday, August 4, 2021
Legal, Professional Services, Geology of the United States, Geology of Texas, Dominator, Concha, Concho Resources, Permian Basin, Prehistory of North America

Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Concho Resources Inc. (Concho or the Company) (NYSE: CXO) common stock between February 21, 2018 and July 31, 2019, inclusive (the Class Period).

Key Points: 
  • Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Concho Resources Inc. (Concho or the Company) (NYSE: CXO) common stock between February 21, 2018 and July 31, 2019, inclusive (the Class Period).
  • Concho investors have until September 28, 2021 to file a lead plaintiff motion.
  • Investors suffering losses on their Concho investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected] .
  • In 2018, Concho planned and constructed the Dominator Project (Dominator) located in the Permian Basin.

Whistler Pipeline Placed in Service

Retrieved on: 
Monday, August 2, 2021
Oil, Gas, Energy, Geology of the United States, Geology of Texas, Permian Basin, Agua Dulce, Texas, Prehistory of North America

The Whistler Pipeline began full commercial service on July 1st, 2021 providing approximately 2.0 billion cubic feet per day (Bcf/d) of incremental natural gas transport capacity to the Texas Gulf Coast markets from the Permian basin, which will help ensure sufficient reliable gas takeaway and reduce natural gas flaring in the Permian basin.

Key Points: 
  • The Whistler Pipeline began full commercial service on July 1st, 2021 providing approximately 2.0 billion cubic feet per day (Bcf/d) of incremental natural gas transport capacity to the Texas Gulf Coast markets from the Permian basin, which will help ensure sufficient reliable gas takeaway and reduce natural gas flaring in the Permian basin.
  • The delivery points in the Agua Dulce provide shippers with access to Gulf Coast industrial and export markets including LNG.
  • The Whistler Pipeline is 100% owned by Whistler Pipeline LLC, which is a consortium made up of MPLX LP (NYSE: MPLX), WhiteWater and a joint venture between Stonepeak Infrastructure Partners (Stonepeak) and West Texas Gas, Inc. (WTG).
  • The Whistler Pipeline is an approximately 450-mile, 42-inch intrastate pipeline that transports natural gas from the Waha Header in the Permian Basin to Agua Dulce, Texas, providing direct access to South Texas and export markets.

Brigham Minerals, Inc. Schedules Second Quarter 2021 Conference Call for August 5, 2021

Retrieved on: 
Thursday, July 29, 2021
Mining, Minerals, Natural Resources, Geology of the United States, Geography of the United States, Environment of the United States, Structural basin, Structural geology, Anadarko Basin, Permian Basin, Anadarko

Brigham Minerals is an Austin, Texas based company that acquires and actively manages a portfolio of mineral and royalty interests in the core of some of the most active, highly economic, liquids-rich resource basins across the continental United States.

Key Points: 
  • Brigham Minerals is an Austin, Texas based company that acquires and actively manages a portfolio of mineral and royalty interests in the core of some of the most active, highly economic, liquids-rich resource basins across the continental United States.
  • Brigham Minerals assets are located in the Permian Basin in Texas and New Mexico, the SCOOP and STACK plays in the Anadarko Basin of Oklahoma, the DJ Basin in Colorado and Wyoming, and the Williston Basin in North Dakota.
  • The Companys primary business objective is to maximize risk-adjusted total return to its shareholders by both capturing organic growth in its existing assets as well as leveraging its highly experienced technical evaluation team to continue acquiring minerals.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20210729005340/en/

Centennial Resource Development, Inc. Announces Second Quarter 2021 Earnings Conference Call

Retrieved on: 
Wednesday, July 28, 2021
Geology of the United States, Geology of Texas, Permian Basin, Petroleum in the United States, WPX Energy

DENVER, July 28, 2021 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (Centennial or the Company) (NASDAQ: CDEV) announced today that it will report second quarter 2021 financial and operating results after the market closes for trading on August 3, 2021.

Key Points: 
  • DENVER, July 28, 2021 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (Centennial or the Company) (NASDAQ: CDEV) announced today that it will report second quarter 2021 financial and operating results after the market closes for trading on August 3, 2021.
  • Management will host an earnings conference call on August 4, 2021 at 8:00 a.m. Mountain (10:00 a.m. Eastern).
  • Centennial Resource Development, Inc. is an independent oil and natural gas company focused on the development of oil and associated liquids-rich natural gas reserves in the Permian Basin.
  • The Companys assets and operations, which are held and conducted through Centennial Resource Production, LLC, are concentrated in the Delaware Basin, a sub-basin of the Permian Basin.

MDM Permian, Inc. - Permian Basin/Ft. Worth Basin Acquisitions

Retrieved on: 
Tuesday, July 20, 2021
Geology of the United States, Geology, Permian Basin, Midland, Texas, Permian

Carrollton, Texas, July 20, 2021 (GLOBE NEWSWIRE) -- MDM Permian Inc. (OTC Pink: MDMP) continues to add acreage in the Southern Midland Basin and the Ft. Worth Basin of Texas.

Key Points: 
  • Carrollton, Texas, July 20, 2021 (GLOBE NEWSWIRE) -- MDM Permian Inc. (OTC Pink: MDMP) continues to add acreage in the Southern Midland Basin and the Ft. Worth Basin of Texas.
  • MDM Permian, Inc. today announced the acquisition of up to 3 more wells, 2 in Nolan County (Permian Basin), and 1 in Wise County (Ft. Worth Basin).
  • MDM Permian will receive a 10% carried working interest in this well that is producing both oil and gas.
  • For additional information, view the companys website at www.mdmpermian.com or contact MDM Permian, Inc. at (214) 651-9900.

Plains All American and Oryx Midstream Announce Permian Basin Joint Venture

Retrieved on: 
Tuesday, July 13, 2021
Geology of the United States, Geography of the United States, Geology, Payne County, Oklahoma, Plains All American Pipeline, Permian Basin, Midland, Texas

HOUSTON and MIDLAND, Texas, July 13, 2021 (GLOBE NEWSWIRE) -- Plains All American (Nasdaq: PAA & PAGP ) (Plains) and Oryx Midstream Holdings LLC (Oryx), a portfolio company of Stonepeak Infrastructure Partners, today announced they have entered into a definitive agreement to merge their respective assets, operations and commercial activities within the Permian Basin into a newly formed strategic joint venture, Plains Oryx Permian Basin LLC (Plains Oryx Permian Basin or the JV).

Key Points: 
  • HOUSTON and MIDLAND, Texas, July 13, 2021 (GLOBE NEWSWIRE) -- Plains All American (Nasdaq: PAA & PAGP ) (Plains) and Oryx Midstream Holdings LLC (Oryx), a portfolio company of Stonepeak Infrastructure Partners, today announced they have entered into a definitive agreement to merge their respective assets, operations and commercial activities within the Permian Basin into a newly formed strategic joint venture, Plains Oryx Permian Basin LLC (Plains Oryx Permian Basin or the JV).
  • Significant value for customers via increased connectivity, operational flexibility, and access to markets
    Highly complementary Permian Basin assets, capabilities, and long-term business models
    This is a very positive announcement for Plains, Oryx and our Permian Basin customers, said Willie Chiang, Chairman and CEO of Plains All American.
  • We look forward to partnering with Plains and are confident that Plains Oryx Permian Basin will continue to grow and provide producers with the best solutions in the region.
  • I have no doubt they will continue to do the same for Plains Oryx Permian Basin.

Centennial Resource Development to Present at Upcoming Conferences

Retrieved on: 
Monday, July 12, 2021
Geology of the United States, Geology of Texas, Petroleum in the United States, Permian Basin, SM Energy, WPX Energy

Mr. Garrison is also scheduled to present at EnerComs The Oil & Gas Conference in Denver, Colorado on Monday, August 16, 2021 at 3:55 p.m. Eastern.

Key Points: 
  • Mr. Garrison is also scheduled to present at EnerComs The Oil & Gas Conference in Denver, Colorado on Monday, August 16, 2021 at 3:55 p.m. Eastern.
  • The presentation materials used at both conferences will be available on Centennials website at www.cdevinc.com under the Investor Relations tab.
  • Centennial Resource Development, Inc. is an independent oil and natural gas company focused on the development of oil and associated liquids-rich natural gas reserves in the Permian Basin.
  • The Companys assets and operations, which are held and conducted through Centennial Resource Production, LLC, are concentrated in the Delaware Basin, a sub-basin of the Permian Basin.

Ring Energy Provides Encouraging Update on Northwest Shelf Phase II Development Program

Retrieved on: 
Wednesday, June 16, 2021
Geology of the United States, Geology of Texas, Permian Basin, Prehistory of North America

THE WOODLANDS, Texas, June 16, 2021 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (Ring or the Company) today provided an update on its previously announced program to drill and complete three wells (the Phase II Program) on the Companys top tier Northwest Shelf (NWS) acreage, targeting Rings highest rate-of-return projects in Yoakum County, Texas.

Key Points: 
  • THE WOODLANDS, Texas, June 16, 2021 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (Ring or the Company) today provided an update on its previously announced program to drill and complete three wells (the Phase II Program) on the Companys top tier Northwest Shelf (NWS) acreage, targeting Rings highest rate-of-return projects in Yoakum County, Texas.
  • All three wells started producing oil within three to four days of coming online, which is very encouraging in comparison to earlier wells drilled in the Section.
  • In addition to the strong production results, all seven wells in our Phase I and Phase II programs were drilled and completed on schedule and within budget.
  • Ring Energy, Inc. is an oil and gas exploration, development, and production company with current operations focused on the conventional development of its Permian Basin assets in West Texas and New Mexico.

Brigham Minerals, Inc. Announces Participation in RBC Capital Markets Energy, Power & Infrastructure Conference

Retrieved on: 
Tuesday, June 8, 2021
Energy, Natural Resources, Mining, Minerals, Oil, Gas, Geology of the United States, Geography of the United States, Environment of the United States, Structural basin, Structural geology, Anadarko Basin, Anadarko, Permian Basin, Williston Basin, Brigham

Brigham Minerals, Inc. (NYSE: MNRL) (Brigham Minerals, Brigham, or the Company) announced plans to participate in the RBC Capital Markets Energy, Power & Infrastructure Conference.

Key Points: 
  • Brigham Minerals, Inc. (NYSE: MNRL) (Brigham Minerals, Brigham, or the Company) announced plans to participate in the RBC Capital Markets Energy, Power & Infrastructure Conference.
  • The Company is presenting on June 8th at 2:40 pm ET.
  • Brigham Minerals is an Austin, Texas based company that acquires and actively manages a portfolio of mineral and royalty interests in the core of some of the most active, highly economic, liquids-rich resource basins across the continental United States.
  • Brigham Minerals assets are located in the Permian Basin in Texas and New Mexico, the SCOOP and STACK plays in the Anadarko Basin of Oklahoma, the DJ Basin in Colorado and Wyoming, and the Williston Basin in North Dakota.