Month: January 2020

Eagle Mountain Energy Partners Announces Partnership with Pearl Energy Investments and NGP

HOUSTON–(BUSINESS WIRE)–Jan 29, 2020– Eagle Mountain Energy Partners, LLC (“EMEP”), a newly formed upstream oil and gas exploration and production company, announced today its partnership with Pearl Energy Investments (“Pearl”) and NGP through NGP Natural Resources XII, L.P., the most recent NGP private equity fund focused on natural resources. Headquartered in Houston, EMEP will pursue acquisition and development opportunities focused primarily in the Williston Basin and other select Rockies basins. EMEP was founded by Eric Pregler, Chief Executive Officer; Shaleen


Kimbell Royalty Partners Announces $175 Million Acquisition of Mineral and Royalty Interests in a Cash and Unit Transaction

Expected to be immediately accretive to distributable cash flow per unit, includes core position in the Delaware Basin, expected to increase daily production by 19% to 15,790 Boe/d[1] and to generate estimated cash G&A savings of 18% per Boe FORT WORTH, Texas, Jan. 9, 2020 /PRNewswire/ — Kimbell Royalty Partners, LP (NYSE: KRP) (“Kimbell” or the “Company”), a leading owner of oil and gas mineral and royalty interests in approximately 13 million gross acres in 28 states, today announced that


Outrigger Energy II Enters the Williston Basin with Significant Midstream Commitment from XTO

DENVER–(BUSINESS WIRE)–Outrigger Energy II LLC (“Outrigger”) announced today that it has entered into a long-term definitive gas gathering and processing agreement with XTO Energy, Inc. (“XTO”) to service XTO’s production in Williams County, ND. The gathering system will comprise a 70-mile, 20- and 24-inch diameter, rich gas pipeline originating in eastern Williams County and terminating at a new 250 MMcfd cryogenic gas processing plant located west of Williston, ND. Plans are also underway for a plant expansion of up to