New Mexico Wells Drilled by Operator in 2021. Oct 25, 2013. vantageenergy.com . Buyer Type (PE or Strategic) . The company made its first acquisition in the middle of 2017. Camino Natural Resources. Camino is headquartered in Denver, Colorado. Cody Campbell and John Sellers, Co-CEOs of DoublePoint said, We are proud and appreciative of the work that our team has done to build a company and an asset base that is unparalleled in quality and truly cannot be replicated. 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. 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. of 27,715 BBLs oil 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. (SOURCE: CAMINO NATURAL RESOURCES LLC) Camino is headquartered in Denver, Colorado. Instantly unlock over 15 years of A&D transactions and financing data. Ward is Executive Chairman of Camino Natural Resources, LLC, an NGP portfolio oil and gas company started in 2017. 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.". That could be a good place to be if oil goes to $80, but a bad place when it goes to $20. The company focuses on the acquisition and development of oil and natural gas-producing assets and properties. October 22,2019 : Camino Natural Resources LLC completed the ASH 0807 36-1-1WH well in Grady,OK . NGP expects to complete the mergers by late June, one of the people said. 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,. 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. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those expressed in any forward-looking statement. 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. Jan 2017 - Feb 2023). 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.". 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. Seth Urruty Camino Natural Resources LLC Chief Operating Officer. As the company grew, the importance of scale continued to drive its narrative. 80202-1247. Under the Sale and Purchase Agreement, it is expected that the Company will indirectly acquire all interests in Williams Minerals in the second fiscal quarter of 2023, and that the Company's "ownership" (as defined in the Sale and Purchase Agreement) of the Zimbabwean lithium mine will vest cumulatively, region by region from 2024 through 2026, contingent upon the issuance of independent technical reports and the Company's full settlement of the purchase consideration in cash and restricted shares. Through YCES, youth who are experiencing homelessness or housing instability can be linked to available resources in Los Angeles County. Jan 26 2023. During the land rush, people paid up for it while there was still a lot of learning going on across the industry. of performance.. Rextag database of energy infrastructure assets. 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 . Phil is a board member of Anew, Form Energy, . 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. You need to be prepared to run that thing for the long term. 2023 PitchBook. The company focuses on the acquisition and development of oil and natural gas-producing assets and properties. The company has an estimated daily production It was that common DNA across Vantage and Centennial. Camino knew the area was complex. Operator of an independent oil and natural gas company operating in the Central Oklahoma region. They simply were not capitalized to do so. 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. Can you talk about how outsourcing your owner support helps your internal team align with the company's strategy of being efficient? 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. 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. The company is headquartered in Mountain View, California. There was a lot of common DNA [such as] running multiple rigs in a big shale play and having quality [rock and people] and financially [being capable of going] public. Camino Natural Resources LL is an independent oil and natural gas company operating in the core of the Scoop and Merge plays of Central Oklahoma. Usamos como recurso la cancin "Aprieta el botn" del grupo musical boliviano Animal de ciudad. Camino Natural Resources embraced scale, an out-of-favor shale play and a robust hedging strategy as a beacon through the darkness. Placing the hedges early locked in a per barrel crude price in the mid-$50 range. 7 min read. Polzin was in charge of the newly-renamed Centennial Resource Development Inc. Ward Polzin was in Dallas when an email ticked into his inbox the morning of January 17, 2013. Database of selected U.S. and international exploration wells. Tue, 03/01/2022 - 11:40 AM. HONG KONG, Feb. 28, 2023 /PRNewswire/ -- China Natural Resources Inc . Camino was founded by Ward Polzin, a veteran energy executive and founding CEO of Centennial Resource Development. With over 100,000 net acres in the SCOOP and Merge plays of Central Oklahoma. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. projected PDP [proved developed producing] but a significant amount of the projected increase in production [as well]. DENVER , Camino Natural Resources Apr 2019 - Present3 years 4 months Greater Denver Area Reservoir studies, petrophysical models for reservoir characterization, simulation modelling, pvt analysis.. A searchable database of oil and gas debt and equity offerings. The last thing were worried about is production growth, Polzin 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? Editor's note: Updated Sept. 3, 2019. 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. Pioneer will issue approximately 27.2 million shares of common stock in the transaction with an additional $1 billion of cash. This press release includes forward-looking statements within the meaning of the U.S. federal securities laws. To get full access now. 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. So we said lets try it again. Were not aiming to grow. Cision Distribution 888-776-0942 With Centennial, the whole plan was to go public. There I expect we will be bigger, and thats the goal. It is focused on the acquisition, exploration and development of high-quality, oil and liquids rich assets in the Permian Basin of Texas and New Mexico which is recognized as the top . One area where Camino has proved ahead of the game has been with its robust hedging strategy. DoublePoint is backed by equity commitments from funds managed by affiliates of Apollo Global Management, Inc., Quantum Energy Partners, Magnetar Capital, and Blackstone Credit. Today, they are at zero. 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