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Barnesville approves oil and gas lease with Blue Baron | News, Sports, Jobs

Barnesville approves oil and gas lease with Blue Baron | News, Sports, Jobs
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United statesPoint pleasantLes tickhillBrian yarnallSteve hillTony johnsonRichard myserRobin misnerSteve penlandJake hershbergerTerry mccortGulfport energyVillage councilGrenadier energyBlue baron energyDevelopment committee

Grenadier Energy Lands EnCap Commitment Following Midland Basin Sale

Wed, 07/21/2021 - 12:00 PM Grenadier Energy plans to target acquisitions in the Lower 48 with its initial equity commitment of $350 million from EnCap Investments. (Source: Shutterstock.com) Grenadier Energy secured additional funding from longtime partner, EnCap Investments LP, on July 21 to continue its strategy of acquiring, developing and exploiting assets. In a company release, Grenadier said it will use an initial $350 million equity commitment from EnCap closed in June to target acquisitions in the Lower 48. The company, led by CEO Patrick J. Noyes, noted in the release it had successfully employed this strategy through multiple iterations, most recently through the sale of a Midland Basin position to Surge Energy US Holdings Co. for $420 million.

Patrickj noyesSurge energy us holdings coGrenadier energyEncap investmentsMidland basinSurge energyஎழுச்சி ஆற்றல் எங்களுக்கு ஹோல்டிங்ஸ் இணைகிரெனேடியர் ஆற்றல்மிட்லாண்ட் பேசின்எழுச்சி ஆற்றல்

Grenadier Energy III Announces Commitment From EnCap Investments To Target Acquisitions In The Lower 48

Grenadier Energy III Announces Commitment From EnCap Investments To Target Acquisitions In The Lower 48
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Patrickj noyesDoug swansonPat noyesThomas belshaPatrick noyesAkin gump strauss hauer feldGrenadier energy partnersVinson elkinsBusiness development engineeringGrenadier energyMidland basinSurge energyEncap managing partner doug swansonKyle noyesChief operating officerLenny lilja

Chinese Firm Shandong Xinchao Expands Its Foothold in Texas Oil-Rich Permian Basin

AP Feed On Sunday, China’s Shandong Xinchao announced its decision to shell out $420 million to purchase oil-producing acreage from Grenadier Energy in the Texas Permian Basin. Or rather, Surge Energy of Houston made the announcement via PR Newswire. HOUSTON, Jan. 31, 2021 /PRNewswire/ Surge Energy US Holdings Company (“Surge Energy” or the “Company”) announced in the US that it, through its subsidiary, has signed a purchase and sale agreement to acquire leasehold interest and producing wells from Grenadier Energy Partners II LLC (“GEP II”) in Howard County, TX (the “Transaction”). The aggregate purchase price of the Transaction is expected to be approximately $420 million USD.

United statesHoward countyNew mexicoCrosby countyShandong xinchaoJoe bidenUs energy information agencyGrenadier energy partnersTexas railroad commissionSurge energy us holdings companyShanghai stock exchangeSurge energy americaSurge energy of houstonSurge energyShandong xinchao energy corporationGrenadier energy