Enhanced oil recovery (EOR) specialist Denbury Resources Inc. has agreed to sell half of its stakes in four Texas oilfields to Navitas Petroleum LP for $50 million.
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Articles from Navitas
Navitas to Expand Encana’s Permian NatGas Processing
Private equity-backed Navitas Midstream Partners LLC agreed Tuesday to expand its natural gas pipeline system in the Permian Basin, initially for Encana Corp., in a long-term agreement that would give it combined processing capacity of 155 MMcf/d in the Midland sub-basin.
Navitas to Expand Encana’s Permian NatGas Processing
Private equity-backed Navitas Midstream Partners LLC agreed Tuesday to expand its natural gas pipeline system in the Permian Basin, initially for Encana Corp., in a long-term agreement that would give it combined processing capacity of 155 MMcf/d in the Midland sub-basin.
Navitas Acquires Midstream Assets in Texas From DCP
Navitas Midstream Partners LLC has acquired natural gas gathering and processing assets in three Texas counties in the Midland Basin from a subsidiary of DCP Midstream LLC for an undisclosed sum.
Apollo, Warburg Taking More Bets on U.S. Onshore
Private equity (PE) money is continuing to flow into prospective Lower 48 operations, with two deals announced over the past few days that together are worth more than $1 billion.