This copy is for your personal, non-commercial use only. Independent oil and natural gas acquisition and development company. Camino Natural Resources, Llc Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer and will contain detailed information about the company and management, as well as financial statements. 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.". Equally important to all of that is financial [structure]. GIS Manager. Corporate Development Investor Relations 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. Camino is headquartered in Denver, Colorado. In late 2019, Camino was running three rigs on its western Oklahoma acreage. Backed by private equity firm NGP Energy Capital Management (NGP), the oil & gas startup acquired four major assets and other properties in the South Central Oklahoma Oil Province (SCOOP) and Sooner Trend Anadarko Canadian Kingfisher (STACK) of Oklahoma, which rapidly transformed the company into one of the largest private oil & gas producers in the region. No forward-looking statement can be guaranteed. North Whipple, CEO of Bison, commented: "We are excited to announce the acquisition of Woody Creek, further consolidating the region and bringing the full-suite of our integrated water infrastructure platform across the SCOOP and Merge. I want to be a survivor, and we will be. Please Upgrade it take less then a minute. Whereas with most of our companies, we have not only hedged their that Camino Natural Resources, Llc can drill in the future. from 208 actively producing wells in Sometimes a portion will also be pushed into the following year. Additionally, we are excited to be shareholders in Pioneer as we are firm believers in their strategy of free cash flow generation that enables a competitive base and strong variable dividend.. Scale is seen as part of the longer model for private equity in the oil and gas space. Additionally, our team's ability to deliver creative solutions in a challenging market while executing on our promises to customers has clearly differentiated us from others in the region. It was that common DNA across Vantage and Centennial. Camino Natural Resources Llc Camino Natural Resources LLC is developing the stack scoop with a focus in Caddo, Blaine, Garvin, Carter, Stephens, Canadian and Grady counties. Shale Experts is the only tool you will need to track,predict and analyze US & Canada activities. The capital markets felt like they got burned and threw the baby out with the bath water.. For more information regarding the company, visit our website at www.BisonOK.com or email us at [emailprotected]. The Company may issue restricted CHNR shares at a discount to the market price to secure a portion of the required capital. Camino Natural Resources embraced scale, an out-of-favor shale play and a robust hedging strategy as a beacon through the darkness. Rock-wise, [the SCOOP/STACK/Merge] had a lot of productivity, Polzin, now CEO of Camino, explained. Camino Natural Resources embraced scale, an out-of-favor shale play and a robust hedging strategy as a beacon through the darkness. The child wells are right in line on average with our type curve expectations, Urruty said. Through YCES, youth who are experiencing homelessness or housing instability can be linked to available resources in Los Angeles County. Camino Natural Resources is an independent oil and natural gas company operating over 100,000 net acres in the core of the Scoop and Merge plays of Central Oklahoma. By April 2014. Its imperative that we have consistent and robust hedges, Hayes explained. Subscribe for free to our newsletters for the latest energy news. of 27,715 BBLs oil Camino purchased the SCOOP and Hoxbar oil trend assets of Ward Energy Partners LLC, a subsidiary of Ward Petroleum Corp. Around the same time, NGP-backed companies Rebellion Energy LLC and 89 Energy Holdings LLC contributed assets in the SCOOP and Merge for Camino equity. Reproduction in whole or in part, in any form or medium without express written permission is prohibited. Camino Natural Resources LLC, an oil-and-gas company backed by NGP Energy Capital Management, is once again acting as a consolidator in the private-equity firms portfolio. Meritorious Awards for Engineering Innovation (MEAs), Gulf of Mexico Energy Transformation Conference, Meritorious Awards for Engineering Innovation (MEA), DUG Midcontinent 2022: Expanding The SCOOP's Southern Sweet Spot, DUG Midcontinent: Operator Spotlight; From Zero to 100k, Camino Natural Resources Profile: Midcontinent Mover, Executive Q&A: Camino Natural Resources Growth Strategy, DUG Midcontinent: Operator Spotlight: From Zero to 38,000 BOE/d, DUG Midcontinent Day 2: Oklahoma Operators Discuss Challenges, Innovation, Best Of This Weeks Drilling Activity Highlights (Sept. 27, 2019). Subscribe to get unmatched coverage of the oil and gas industrys entire landscape. Buyer Type (PE or Strategic) . Camino Natural Resources, Llc is currently ranked #6 in the state of Oklahoma based on a total production of 18,153,600 barrel of oil equivalent (BOE) reported during the month of N/A. You gain pressure to the west, but you lose oil. and 27,715 MCF of gas, Mr. Ward Polzin is the Founder and serves as Co-Chief Executive Officer at Camino Natural Resources. 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. (SOURCE: CAMINO NATURAL RESOURCES LLC) There We hope you enjoyed your trial to the website. [With] every well we drill, were learning, and were trying to improve and advance, but you have to be cautious that you havent drilled too many wells at a well density or a landing before you have technical certainty on the EURs and well productivity, Urruty said. Now today, nobodys drilling., He added, We dont really get into business with anybody who is not willing to hedge.. Address 1401 17th St Ste 1000 Denver Co 80202-1247. There were a lot of private-equity-backed companies there, but they were [generally] small. NEW YORK, Nov. 30, 2020 /PRNewswire/ -- Far Peak Acquisition Corporation (the "Company") announced today that it has commenced its initial public offering ("IPO") of . Operations . Additional hedges are also being examined as far out as 2023. Blake Wright, Contributing Editor Mon, 06/29/2020 - 08:00 AM Camino's Cora Mae 10-15-1WH well is located in Grady County, Okla. Camino has drilled some of the SCOOP's top wells. Touted early on as Permian Jr., the play was deemed an expensive underachiever by pundits. Feishang Group Limited (CHNR's controlling shareholder) owns 70% of Williams Minerals and Top Pacific (China) Limited, a non-affiliate, owns the remaining 30%. To last longer, you need to be financially conservative, frankly, and create optionality. The company focuses on the acquisition and development of oil and natural gas-producing assets and properties. For each region of the lithium mine, until the Company's ownership vests, the Sellers will maintain legal possession and control, including the right to exploration, sales of lithium, and the revenue derived therefrom, as well as liability for operational costs and third-party claims. More than 2,500 Subscribers rely on our data each day. The Woodford is thick in northwest Canadian County where the Cana Field resides. La cancin gira en torno a las redes sociales y el rol que tienen en nuestras vidas. 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. Camino hopes it can bring a rig back if prices inch up, but for now all drilling activity has paused. The deals left a pair of veteran leadership teams without a home. He was there on assignment with Pioneer Natural Resources Co. while working as a managing director for investment bank Tudor, Pickering, Holt & Co. The result was Denver-based Camino Natural Resources LLC. Pioneer Natural Resources denies report of acquisition interest Reuters The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. By the end of January 2018, Camino closed its fourth acquisitionthe purchase of Chesapeake Energy Corp.s Merge position. Placing the hedges early locked in a per barrel crude price in the mid-$50 range. Based upon that IP30 rate, it is still one of the top three wells ever drilled in the SCOOP, Polzin said. The other 3 lots are adjacent to each other and relocated behind it. 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. These teams spun out around the same time to figure out what was next career-wise. I think public companies reposition the optics of their hedge book depending on the direction of commodities prices, but generally speaking they hedge about half of their next years production. Buy some other companies, maybe, but the goal is to be bigger because it is just a better economic, stable position for everybody involved. Operating throughout the STACK/Merge/SCOOP, Camino Natural Resources is taking the SCOOPs southern sweet spot into the Ardmore Basin, Camino Natural Resources retained EnergyNet for the sale of three separate packages ofoperated and nonoperated opportunities in the, Camino Natural Resources retained Detring Energy Advisors for the sale of assets located in the western SCOOP/STACK of the Anadarko, Margins are strong in the multistream SCOOP, STACK and Merge where operators are dialing up the hydrocarbon weighting they want from, In just three years, Camino Natural Resources has grown a SCOOP and Merge position of more than 100,000 net acresand it continues to. 80202-1247. October 22,2019 : Camino Natural Resources LLC completed the CORA MAE 0506 10-15-1MH well in Grady,OK . Dec 2018 - Present4 years 3 months. One area where Camino has proved ahead of the game has been with its robust hedging strategy. 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. He and his team navigated Centennial through the ebb and flow of 2014 and 2015, successfully driving costs down and productivity up, and began positioning the company to go public. Faced with challenges with commodity prices and geology in the Western Anadarko Basin, FourPoint Energys Jacob Shumway told DUG, A Three Forks producer by WPX, a Woodford completion in Grady County, Okla., and an oil discovery offshore Angola top this weeks, Public E&P investors are insisting that operators produce returns, so private-equity-backed E&Ps wanting to sell to a public E, Camino Natural Resources retained Detring for the sale of producing properties, leasehold and related assets located in Grady County. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. During the land rush, people paid up for it while there was still a lot of learning going on across the industry. Intrigued, Polzin agreed, but he needed afew months to tie up his affairs with the investment bank. The last thing were worried about is production growth, Polzin said. 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. The company is headquartered in Mountain View, California. Land / Acreage . Information on assets, buyers and sellers, deal values, and more. DoublePoint is a Fort Worth, Texas based upstream oil and gas company, led by the Double Eagle management team in partnership with FourPoint Energy. FORT WORTH, Texas--(BUSINESS WIRE)--Double Eagle III Midco 2 LLC (the Company or Double Eagle), wholly owned by DoublePoint Energy, LLC (DoublePoint), announced that it has entered into a definitive purchase agreement to sell all leasehold interests, subsidiaries and related assets to Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer"). Denver, Colorado, United States. HONG KONG, Feb. 28, 2023 /PRNewswire/ -- China Natural Resources Inc. (NASDAQ: CHNR) (the "Company" or "CHNR") announced today that the Company has entered into a definitive agreement (the "Sale and Purchase Agreement") with Feishang Group Limited and Top Pacific (China) Limited (together, the "Sellers"), and Mr. Li Feilie and Mr. Yao Yuguang, to acquire Williams Minerals (Pvt) Ltd ("Williams Minerals"), which owns the mining permit for a Zimbabwean lithium mine (the "Acquisition"). Open. It will probably run about flat this year, but were really not aiming to be flat. We were already decelerating before the big move, Polzin said. With Centennial, the whole plan was to go public. NGP expects to complete the mergers by late June, one of the people said. The transaction was unanimously approved by the Board of Directors of each company and is expected to close in the second quarter of 2021, subject to customary closing conditions and regulatory approvals. Stay in touch with the latest activities by subscribing to our daily email covering operators, service companies, (acreage, production rates, well info, development plans, resverse, and completions designs), NGP Consolidates Portfolio Companies in Camino Natural Resources, Snapshot: Camino Cores Up Anadarko Portfolio, Ups Production; 2020 Rig Activity, Profile : Camino Natural Resources: Assets, Maps,Development Plans 2018, Camino Taps Cardinal Midstream for STACK/SCOOP Takeaway Dedication, Cardinal Building New Iron Horse Gas Gathering/Processing Facility, Future and current Drilling Plans in , as of 03-01-2023, Intent To Drill/Drilling Permits for , as of 03-01-2023, Latest News on the US, Canada and International plays, Tracking Activity on more than 4,000 companies (E&P, Midstream & Oilfield Services), Active Rigs By Company and County (Updated Weekly), 2015 & 2014 Company Detailed Drilling Budgets, Company & Play Break-Even, Type Curves and Well Economics. For investor relations, please contact Michael Dalton at (713) 452-2000. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. We were able to almost immediately apply some of our completion beliefs and do some testing with slightly larger water and sand concentrations, but [we focused] mainly [on] optimization around the types of sand and the types of fluids that we believed were appropriate.. Camino Paving Inc is a company that operates in the Oil & Energy industry. The company reviewed several basins and a multitude of deals before landing on the SCOOP/STACK/Merge. Our assets. Jan 26 2023. Apollo had assets under management of approximately $455 billion as of December 31, 2020 in its various affiliated private equity, credit, and real estate funds. the state. 1401 17th St Ste 1000 Polzin was in charge of the newly-renamed Centennial Resource Development Inc. When it became apparent that oil prices were heading for $50, the company moved down to a two-rig program to stay within cash flow. USD. 1401 17th Street, Suite 900 The firm is based in Evanston, Illinois and has offices in London and Houston. Consolidation in our industry has never been more essential than it is today, making this a particularly timely and important next phase of growth for Bison's water midstream business. More Real Estate Resources. So we had these two groups that had done these large, private-equity-backed things on the cusp of going public, sold at roughly the same time, Polzin said. Join MineralAnswers.com for Production Access. Jan 2017 - Feb 2023). SCOOP and Merge plays of Central Oklahoma. Camino Natural Resources, LLC ("Camino") is an independent oil and natural gas company operating in the core of the SCOOP and Merge plays of Central Oklahoma. After closing, existing Pioneer shareholders will own approximately 89% of the combined company and existing DoublePoint owners will own approximately 11% of the combined company. Enverus: Camino Natural Resources is a privately held operating company that focuses on running lean operations for maximum efficiency. Today, they are at zero. Additionally, Bison announced that it has entered into a 15-year water gathering and disposal agreement with Camino Natural Resources, a 30-year water gathering agreement with another active private operator in the SCOOP and expanded the dedication under its existing long-term agreement with Paloma Operating Company. Its lower prices for a longer time frame, and deeper cuts [are] required. During the time Camino was growing its position in western Oklahoma, the play was slipping out of favor with many. The company has an estimated daily production Any express or implied statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements, including, without limitation, statements regarding the intent, belief and current expectations of the Company, its directors or its officers with respect to the ability to locate and execute on strategic opportunities; the impact of the rising commodity prices; the potential presence of minerals in the Zimbabwean lithium mine; the potential closing of the Acquisition; the vesting of ownership of the regions of the Zimbabwean mine and the timing thereof; the level of demand for lithium and other precious minerals; and the availability of internally generated funds and funds for the payment of operating expenses, capital expenditures and the Company's growth strategy. Total 4 lots, 564, 582, 604 Camino De Teodoro Walnut, CA 91789 APN: 8722-019-025, 8722-019-028, 8722-019-029, 8722-019-033. We were certainly giving up upside but reducing our downside.. Previously, . Its more of that U-shaped recovery. We merged the teams together in late 2016.. Instead, former EOG Resources Inc. CEO Mark Papa and his Silver Run special purpose acquisition company came calling in mid-2016, eager for an entry into the Delaware. Today, basically 100% of the companys PDP wedge is hedged for the balance of 2020. Our basin gets gassier to the west and oilier to the east, but quite frankly, weve found when you are looking for returns, it is not the oilier eastern part that has the highest returns, Polzin said. Even as it reviewed deals, it studied what made each play tickthe natural drivers. Contact Information Website www.caminoresources.com Ownership Status Privately Held (backing) Financing Status Private Equity-Backed Primary Industry Energy Exploration Primary Office 1401 17th Street Suite 900 Denver, CO 80202 All rights reserved. The Woodford is also thick in the middle of the basin. A searchable database of oil and gas debt and equity offerings. hartenergyconferences.com . Weve tried to focus in those areas as well, whether its STACK, SCOOP or Merge. Pioneer plans to finance the cash portion of the purchase price through a combination of cash on-hand and existing borrowing capacity under its revolving credit facility. China Natural Resources, Inc. (NASDAQ: CHNR), a British Virgin Islands corporation, through its operating subsidiaries in the People's Republic of China (the "PRC"), is currently engaged in the wastewater treatment industry in the PRC, and the acquisition and exploitation of mining rights in Inner Mongolia, including preliminary exploration for nickel, lead, silver and other nonferrous metal, and is actively exploring further business opportunities in the healthcare sector, natural resources sector and other sectors. Double Eagle built a truly world-class business through strong execution and unmatched creativity. Subscribe to the magazinehere. +2.24 +6.89%. Nov 30, 2020, 17:06 ET. Thats been a negative for our play. Ward Polzin was in Dallas when an email ticked into his inbox the morning of January 17, 2013. The email was from an old friend, David Hayes, a partner at the private-equity firm NGP Energy Capital Management LLC. Drilling Activity ( Generally, forward-looking statements do not relate strictly to historical or current facts and may include words such as believes, will, expects, anticipates, intends or similar words or phrases. Information on assets, buyers and sellers, deal values, and more. Today, Camino holds about 118,000 net acres in the STACK/SCOOP/Merge and is producing about 40,000 boe/d. The company employs different strategies for managing the primary well to help optimize the fracture complexity in the child. HONG KONG, Feb. 28, 2023 /PRNewswire/ -- China Natural Resources Inc. (NASDAQ: CHNR) (the "Company" or "CHN R") an nounced today that the . By February 2020, the company was operating a single rig. New Mexico Wells Drilled by Operator in 2021. The company has an estimated daily production of 27,715 BBLs oil and 27,715 MCF of gas, coming from 208 actively producing wells in the state. Editor's note: Updated Sept. 3, 2019. With backing from private equity firm Natural Gas Partners, Camino is pursuing a growth strategy, according to the company website. investorrelations@depermian.com, Internet Explorer presents a security risk. Forward-looking statements in this press release include, but are not limited to, statements regarding the proposed offering and the intended use of proceeds. To get full access now. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Ultimately there are different ways to frac wells and drill wells, but it is still the same concepts and you can apply what youve learned everywhere, he said. 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 . Forward-looking statements are not a guarantee of future performance and involve risks and uncertainties, and actual results may differ materially from those in the forward-looking statements as a result of various factors. Camino Natural Resources LLC, an oil-and-gas company backed by NGP Energy Capital Management, is once again acting as a consolidator in the private-equity firm's portfolio. Its a different answer for every well depending on where you are at in the basin and whether youve got more gas or more pressure to work with versus oily and lower pressure. Continental [Resources Inc.s] Springboard [SCOOP] is right in the middle of that, the Lone Rock area for Cimarex [Energy Co.], the Cana Fieldall of those go right down the spine of the basin. Bison now operates more than 15 long-term dedications covering an ~12 million-acre area spanning the entire Anadarko Basin. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. Stay in touch with our Daily Email Newsletter. The Well flowed 824 boe/d which consists of 339 Oil BOPD and 2.814 MMcf of gas on a 7,546 foot lateral . Stack/Scoop/Merge and is producing camino natural resources acquisition 40,000 boe/d rate, it studied what each! Lower prices for a longer time frame, and create optionality by our Subscriber Agreement and by law... October 22,2019: Camino Natural Resources embraced scale, an out-of-favor shale and. Part, in any form or medium without express written permission is prohibited it will probably run flat..., it is still one of the people said private-equity-backed companies there, but you lose oil equity... June, one of the game has been with its robust hedging strategy on average with our type curve,. In a per barrel crude price in the oil and Natural gas-producing assets and.! 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