Carnarvon Energy Ltd’s Post

We are excited to announce that Chord has entered into an agreement to combine with Enerplus in a transaction that will further strengthen our premier Williston Basin position and represents a compelling opportunity for both companies’ shareholders. The combined company is expected to benefit from improving returns, capital efficiency, low-cost inventory and a peer-leading balance sheet, all of which support sustainable free cash flow generation and meaningful shareholder returns. Together, we will build upon our commitment to ESG and sustainability excellence and capitalize on Chord’s and Enerplus’ combined best practices. We thank our employees for their dedication and hard work over the years that has allowed us to build such a great organization and reach this exciting milestone. For more details, please view the news release below. #oilandgas #energy #sustainability #ESG

ACEN Corporation, the energy arm of Ayala Group, signed a Subscription Contract with Belenos for the subscription by the company to Fifty Million (50,000,000) Redeemable Preferred Shares (RPS) with a par value of One Pesos (P1.00) per share or a total par value of Fifty Million Pesos (P50,000,000.00), to be issued out of the increase in authorized capital stock of Belenos. #renewableenergy #bonds #stockmarket #stocks #realestate #finance #Business #Corporate #Corporation #Philippines #Financial #Invest #Investment #investingtips

I am questioning the rationale behind Equinor's decision to acquire a 9.8% stake in listed renewable producer Ørsted. It seems like any Equinor investor could achieve the same by simply reallocating their investments directly. In my book, this raises clear concerns about the efficiency of capital utilization for shareholders. Am I overlooking a crucial aspect here? #Equinor #Ørsted #InvestmentDecision #Shareholders

Sittin’ Tall in the Saddle Back in 2020, the world’s largest alternative asset manager took private a Kan.-based midstream operator in a surprise and sweetened deal valued at $6.3 billion. Since those days of yore under the wing and capital infusions of Blackstone, Tallgrass Energy has taken flight as an energy infrastructure force to be reckoned with, diversifying its traditional oil and gas pipeline, processing, and storage business to include exploring new opportunities in CCS, synthetic methane, sustainable aviation fuel technology, and gigawatt-scale green hydrogen and ammonia. Reese Energy Consulting today is following the latest news on Tallgrass, which—aside from its three crude oil pipelines to include the Pony Express, Powder River Express, and Iron Horse and its recently converted 400-mile Trailblazer to C02—operates five natural gas pipelines spanning more than 7,000 miles and flowing 10.3+ BCFD across 10 states. The big bad boy in this bunch includes one of the largest natural gas pipelines ever built in North America. That would be the 1,714-mile Rockies Express simply known as REX, which extends from Colo., to eastern Ohio, with a west-to-east design capacity of 1.8 BCFD and an east-to-west capacity of 2.6 BCFD. Tallgrass operates REX and owns a 75% interest in the pipeline commissioned in 2008. Since its completion, partners have come and gone leaving refiner Phillips 66 the final other stakeholder at 25%, now no longer. Phillips announced today it will sell its 25% share in REX to Tallgrass in a $1.28 billion deal that looks like a win-win for both. Phillips chisels off a big chunk of its $3 billion asset divestment strategy, and Tallgrass gains total ownership of its natural gas mothership. What do you think? Learn more about REC and our natural gas and midstream consulting services at https://lnkd.in/ebXT2mS. #energy #pipelines #midstream #naturalgas #reeseenergyconsulting

Sittin’ Tall in the Saddle Back in 2020, the world’s largest alternative asset manager took private a Kan.-based midstream operator in a surprise and sweetened deal valued at $6.3 billion. Since those days of yore under the wing and capital infusions of Blackstone, Tallgrass Energy has taken flight as an energy infrastructure force to be reckoned with, diversifying its traditional oil and gas pipeline, processing, and storage business to include exploring new opportunities in CCS, synthetic methane, sustainable aviation fuel technology, and gigawatt-scale green hydrogen and ammonia Reese Energy Consulting today is following the latest news on Tallgrass, which—aside from its three crude oil pipelines to include the Pony Express, Powder River Express, and Iron Horse and its recently converted 400-mile Trailblazer to C02—operates five natural gas pipelines spanning more than 7,000 miles and flowing 10.3+ BCFD across 10 states. The big bad boy in this bunch includes one of the largest natural gas pipelines ever built in North America. That would be the 1,714-mile Rockies Express simply known as REX, which extends from Colo., to eastern Ohio, with a west-to-east design capacity of 1.8 BCFD and an east-to-west capacity of 2.6 BCFD. Tallgrass operates REX and owns a 75% interest in the pipeline commissioned in 2008. Since its completion, partners have come and gone leaving refiner Phillips 66 the final other stakeholder at 25%, now no longer. Phillips announced today it will sell its 25% share in REX to Tallgrass in a $1.28 billion deal that looks like a win-win for both. Phillips chisels off a big chunk of its $3 billion asset divestment strategy, and Tallgrass gains total ownership of its natural gas mothership. What do you think? Learn more about REC and our natural gas and midstream consulting services at https://lnkd.in/ewhkGFa.

ANOTHER COMBINATION Chord Energy and Enerplus to Combine in $11 billion Transaction Creating Premier Williston-Focused E&P Company With Top-Tier Shareholder Returns - Learn More: https://hubs.ly/Q02lTGjn0 Enhanced Operating Scale to Drive Returns and Free Cash Flow; Combined Acreage Position Totaling 1.3 Million Net Acres and Combined 4Q23 Production of 287,000 Boepd Combined Company has Approximately 10 years of Low-Breakeven Inventory with Significant Opportunity to Enhance Returns through Efficiencies and Expanding Three-Mile Lateral Opportunities Transaction Accretive to Key Metrics  While Preserving Low Leverage; Strong Balance Sheet and Significant Liquidity at Close #mergersandacquisitions #energy #oilabdgascompanies #oilgas #willistonbasin

This would 𝐞𝐧𝐝 the long-time debate on whether 𝐴𝑣𝑎𝑛𝑔𝑟𝑖𝑑 should form part of FERC’s return on equity proxy groups once and for all. In recent times, FERC finally opined on the merits of the arguments and found that Avangrid should not form part of the proxy group because its “controlled company” status may distort its stock price (see Constellation Mystic Power, LLC, ER18-1639-000, Order, July 15, 2021). Iberdrola owns 81.6% of the Avangrid stock. https://lnkd.in/e4muPGCz.

ANOTHER COMBINATION Chord Energy and Enerplus to Combine in $11 billion Transaction Creating Premier Williston-Focused E&P Company With Top-Tier Shareholder Returns - Learn More: https://hubs.ly/Q02lTwkD0 Enhanced Operating Scale to Drive Returns and Free Cash Flow; Combined Acreage Position Totaling 1.3 Million Net Acres and Combined 4Q23 Production of 287,000 Boepd Combined Company has Approximately 10 years of Low-Breakeven Inventory with Significant Opportunity to Enhance Returns through Efficiencies and Expanding Three-Mile Lateral Opportunities Transaction Accretive to Key Metrics  While Preserving Low Leverage; Strong Balance Sheet and Significant Liquidity at Close #mergersandacquisitions #energy #oilabdgascompanies #oilgas #willistonbasin

The investment firms that took US power plant operator Calpine, private six years ago are exploring options that include a company sale, an initial public offering or a stake divestment at a valuation of about $30bn, including debt. ECP (Energy Capital Partners), Access Industries and CPP Investments | Investissements RPC, which acquired Calpine for $17bn in 2018, are having early-stage talks with investment banks about their exit options. A transaction would likely happen late in 2024 or early in 2025, Reuters reported. #MergersAcquisitionsDivestitures #PowerPlant #Infrastructure

👥 10,000 Investors United: DOGSA vs Energy Capital Partners 👥   The scale of this case between Deutsche Oel & Gas Group (DOGSA) and Energy Capital Partners (ECP) is significant: • Over 10,000 investors affected • Years of pursuing justice • United against alleged misconduct   This case exemplifies the far-reaching impact on private investors and corporate accountability.   #InvestorProtection #CorporateResponsibility #ShareholderRights #BusinessEthics