Navitas

Denbury Strikes Deal to Sell Texas Oilfield Stakes to Israel’s Navitas

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.

December 23, 2019

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.

May 17, 2016

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.

May 17, 2016

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.

September 2, 2015

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.

June 5, 2014