Locator: 48031B.
TIDK / TILT / CogDis in three links:
*************************
Back to the Bakken
WTI: $80.46. Dropped slightly at the opening.
Tuesday, June 25, 2024: 72 for the month; 136 for the quarter, 335 for the year
39227, conf, Hess, BL-Domy-156-95-2932H-3,
Monday, June 24, 2024: 71 for the month; 135 for the quarter, 334 for the year
None.
Sunday, June 23, 2024: 71 for the month; 135 for the quarter, 334 for the year
40320, conf, Whiting, Sanish Bay W Federal 5293 12-3 2BX,
Saturday, June 22, 2024: 70 for the month; 134 for the quarter, 333 for the year
39896, conf, Hess, EN-Madisyn-LE-154-94-0706H-12,
RBN Energy: acquisitions propel WildFire Energy to a leading position in the Eagle Ford. Archived.
No doubt about it, most of the headline-grabbing oil and gas M&A activity lately has involved large, publicly owned producers gobbling up other good-sized E&Ps, lock, stock and barrel. But there are other ways to increase scale and improve operational efficiency, as evidenced by privately held WildFire Energy’s bolt-on acquisition frenzy in the relatively sleepy northeastern Eagle Ford, aka the East Eagle Ford.
In less than three years, with one bolt-on acquisition after another, WildFire — named in anticipation of the company’s aggressive expansion strategy — has morphed from a small player in the often-overlooked area into one of the largest producers there, with a laser focus on maximizing returns to its management and private-equity owners. In today’s RBN blog, we’ll look at the E&P and its rapid rise.
