Deal pace picking up as companies shuffle portfolios in pursuit of growthPLS reports that, from February 17th to March 16th, global upstream deal activity totaled $13.1 billion bringing the first quarter 2013 tally (through March 16th) up to $20.2 billion. |
Laredo Petroleum de-risking acreage in Wolfcamp zones and Cline shaleAN INTERVIEW WITH RANDY FOUTCH, CHAIRMAN AND CEO OF LAREDO PETROLEUM |
Medallion Midstream to provide gathering and processing for Laredo PetroleumMedallion Midstream LLC has entered into an agreement with Laredo Petroleum Inc., a subsidiary of Laredo Petroleum Holdings Inc. [NYSE: LPI] to provide midstream infrastructure to gather, process, and transport natural gas and crude oil that is expected to be produced from Laredo’s acreage primarily located in Mitchell County, Texas. |
Laredo Petroleum appoints Buterbaugh CFOLaredo Petroleum Holdings Inc. has appointed Richard C. Buterbaugh executive vice president and CFO of the company. |
Endurance Energy announces recapitalization by Warburg PincusEndurance Energy Ltd., an early-stage exploration and production company focused on the acquisition and development of shallow natural gas assets in the Western Canadian Sedimentary Basin (WCSB), today announced that it has recapitalized the company with an investment from Warburg Pincus, a global private equity firm. |
Energy Players |
Harris now senior advisor to Quantum Energy PartnersQuantum Energy Partners has announced that Jeffrey Harris has become a senior advisor to the firm. Additionally, Quantum and Global Reserve Group, LLC, an advisory and investment firm founded by Harris, have entered into a co-investment relationship to jointly pursue selected domestic and international investment opportunities identified by Global Reserve Group in the oil and gas sector. |
Mexico: Time for action!It is home to the world's second largest non-public company by market value, with assets totaling U$ 417.75 billion; it has been the US' second or third biggest oil provider in the last three years with imports of more than 1 million bbl/d; as of 2010, it ranked seventh among world oil producers, ahead of Norway, the United Kingdom, Venezuela, Iraq, and Brazil; it is a stable and plural democracy with free trade agreements with all major economies; its oil and gas sector contributes to more than a third of the national government budget and 15% of its exports; and violence is actually lower than in its other three major Latin American oil and gas counterparts Colombia, Venezuela or Brazil. It's Mexico. |