Back to (Permian) Basics

Classic Rock, New Wells: Permian Conventional Zones Gain Momentum; Pickering on Permian: Marginal Barrels, Stripper Wells, More; E&P Consolidation Ripples Through Energy Finance Providers; Trump's low oil price promise is a risk and a boon for emerging markets

Good morning, especially to the good folks over at Enron. What is dead may never die. Good articles in the news today. Trump promises low oil price and that has ripple effects across industry. Several good articles from Hart includeing conventional Permian targets, Pickering musings, and Energy Finance ripples after M&A. Lets drill down.

Daily Headlines

  • Classic Rock, New Wells: Permian Conventional Zones Gain Momentum Hart Energy$$$

  • Pickering on Permian: Marginal Barrels, Stripper Wells, More Hart Energy$$$

  • E&P Consolidation Ripples Through Energy Finance Providers Hart Energy$$$

  • Trump's low oil price promise is a risk and a boon for emerging markets Reuters

  • ‘World first’ domestic hydrogen pipeline network completed in Scotland Energy Voice

  • Europe's gas storage drops sharply, hitting an eight-year record low OilPrice.com

  • U.S. enters winter with the highest natural gas stocks in eight years OilPrice.com

  • U.S. oil and gas drilling trends hold steady for November Rigzone.com

Deal Flow

M&A/Investment

  • CenterPoint Energy sells its natural gas subsidiary to Bernhard Capital Partners for $900 million. BizJournals.com

  • Afreximbank and JE Energy sign a $100M deal for Guyana crude oil export contracts. WorldOil.com

Bankruptcy/Restructuring/Distressed

  • Transocean restructures $2 billion in debt amid market volatility. Google News

Fundraising

  • Novatek raises $1.5 billion for Arctic LNG-2 project from European banks. Google News

VSO is the go-to consulting firm for buy-side technical due diligence. We can handle all your technical evaluations or can be your spare capacity when you need overflow help. If you’re in the deal flow, let’s work together.

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