Waran GB & Associates’ Post

🔥 Breaking News in Oil & Gas! #IndustryUpdate 📈 Occidental Petroleum Corp. recently sealed a deal to acquire CrownRock LP for a whopping $12 billion. Now, they’re in talks with Ecopetrol to sell 30% of CrownRock, potentially bringing in $3.6 billion. Why? To slash their considerable $18.5 billion debt. 🔄💰 Having worked in the oil and gas sector for three decades, I’ve witnessed many strategic acquisitions and divestitures like this. What's truly interesting here is the scale and the strategy behind using joint ventures for asset development and debt management. It reminds me of a similar move we executed in the late '90s, which pivoted our business towards sustainable growth. 🤔 How do you see this impacting the landscape of the industry? Could this be the strategic shift needed for Occidental to stabilize financially? Occidental anticipates this sale to aid in their aggressive plan to divest up to $6 billion in U.S. assets by mid-2025! With CrownRock poised to pump out 170,000 boe/d from the Permian Basin in 2024, the stakes are high and the potential is even higher. 👇 Let's discuss: - Have you been part of a massive divestiture or acquisition? - How do you assess Occidental’s strategy in the context of current market trends? ⏩ Looking forward to your insights and experiences! #OilAndGas #OccidentalPetroleum #StrategicDivestiture #IndustryTrends #EnergySector 💼🌐🛢️

Constellation Resources Explore the strategic implications of Constellation Resources' acquisition of the Ularring Copper Gold Project and its potential impact on the company’s growth trajectory. Read More https://lnkd.in/gTwm9Qhn #CopperGoldProject, #StrategicAcquisition, #MineralExploration, #MarketPositioning, #Sustainability

We're happy to recap highlights from our Q2 2024 earnings call. Volumes on Energy Transfer’s assets continued to increase during the second quarter of 2024 with the addition of new organic growth projects and acquisitions: ·  Crude oil transportation volumes were up 23%, setting a new Partnership record, and crude oil exports were up 11%. ·  NGL fractionation volumes were up 11%. NGL exports were up approximately 3%, setting a new Partnership record. ·  NGL transportation volumes were up 4%, setting a new Partnership record. ·  NGL and refined products terminal volumes were up 4%, setting a new Partnership record. ·  Refined products transportation volumes were up 9%. In July 2024, Energy Transfer completed the acquisition of WTG, which provides us with increased access to growing supplies of natural gas and NGL volumes, and enhances our Permian operations and downstream businesses. Also in July 2024, we announced the formation of a joint venture with Sunoco LP combining our respective crude oil and produced water gathering assets in the Permian Basin. This is another exciting opportunity that highlights the creativity and optionality our family of partnerships brings to the table when we work together to expand our market and service offerings for our customers.  Press release: https://lnkd.in/gtjsvzA4

We're happy to recap highlights from our Q2 2024 earnings call. Volumes on Energy Transfer’s assets continued to increase during the second quarter of 2024 with the addition of new organic growth projects and acquisitions: · Crude oil transportation volumes were up 23%, setting a new Partnership record, and crude oil exports were up 11%. · NGL fractionation volumes were up 11%. NGL exports were up approximately 3%, setting a new Partnership record. · NGL transportation volumes were up 4%, setting a new Partnership record. · NGL and refined products terminal volumes were up 4%, setting a new Partnership record. · Refined products transportation volumes were up 9%. In July 2024, Energy Transfer completed the acquisition of WTG, which provides us with increased access to growing supplies of natural gas and NGL volumes, and enhances our Permian operations and downstream businesses. Also in July 2024, we announced the formation of a joint venture with Sunoco LP combining our respective crude oil and produced water gathering assets in the Permian Basin. This is another exciting opportunity that highlights the creativity and optionality our family of partnerships brings to the table when we work together to expand our market and service offerings for our customers. Press release: https://lnkd.in/gtjsvzA4

We're happy to recap highlights from our Q2 2024 earnings call. Volumes on Energy Transfer’s assets continued to increase during the second quarter of 2024 with the addition of new organic growth projects and acquisitions: · Crude oil transportation volumes were up 23%, setting a new Partnership record, and crude oil exports were up 11%. · NGL fractionation volumes were up 11%. NGL exports were up approximately 3%, setting a new Partnership record. · NGL transportation volumes were up 4%, setting a new Partnership record. · NGL and refined products terminal volumes were up 4%, setting a new Partnership record. · Refined products transportation volumes were up 9%. In July 2024, Energy Transfer completed the acquisition of WTG, which provides us with increased access to growing supplies of natural gas and NGL volumes, and enhances our Permian operations and downstream businesses. Also in July 2024, we announced the formation of a joint venture with Sunoco LP combining our respective crude oil and produced water gathering assets in the Permian Basin. This is another exciting opportunity that highlights the creativity and optionality our family of partnerships brings to the table when we work together to expand our market and service offerings for our customers. Press release: https://lnkd.in/gtjsvzA4

Africa Oil valuation is an opportunity ahead of cash-flow boost and new exploration - broker #TSX #AOI. Africa Oil Corp (TSX:AOI) valuation is seen substantially higher over at Stifel, with the stockbroker repeating a ‘Buy’ recommendation following this week’s financial update. The Toronto-listed oil firm, which is in the process of consolidating ownership of its Nigerian operations, this week told investors it had recorded improved production and cash flow in its third quarter – seeing 17,900 boepd and $68.2 million respectively. As a result, it upgraded its full-year cash flow forecast to $260 million, whilst noting its cash balance now stood at $136.1... http://ow.ly/ssXO105OXtE

ALX RESOURCES CORP. RECEIVES SHAREHOLDER APPROVAL FOR THE PREVIOUSLY ANNOUNCED PLAN OF ARRANGEMENT WITH GREENRIDGE EXPLORATION INC. ALX Resources Corp. has released the results of matters voted on at the company's annual general and special meeting of shareholders of the company, at the meeting, shareholders were asked to vote on resolutions approving, among other things, the acquisition by Greenridge Exploration Inc. of all of the outstanding and issued common shares of ALX by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia). The resolutions to approve the arrangement were subject to the approval of 66-2/3 per cent of votes cast by shareholders. The arrangement resolution was approved by 85.08 per cent of the shareholders present or represented by proxy at the meeting. All matters put before the shareholders at the meeting, including the arrangement resolution, were approved. #uranium #nuclearenergy #cleanenergy #Athabascabasin #radioactive #saskatchewan #electricvehicles #lithium #Investing #EnergyMetals #exploration #drilling #mining #miningindustry #mine #capitalmarkets #preciousmetals #investor #marketing #minerals #criticalminerals #infrastructure #stocks #stockmarketnews #tesla #gold #batterymetals #finance #tsxv #juniormining #greenenergy #tsx #otc #otcmarkets #otcqb #ipo #tesla #stocktraders #ev #stockstobuy #stockstowatch #Invest #trader #project

ALX RESOURCES CORP. RECEIVES SHAREHOLDER APPROVAL FOR THE PREVIOUSLY ANNOUNCED PLAN OF ARRANGEMENT WITH GREENRIDGE EXPLORATION INC. ALX Resources Corp. has released the results of matters voted on at the company's annual general and special meeting of shareholders of the company, at the meeting, shareholders were asked to vote on resolutions approving, among other things, the acquisition by Greenridge Exploration Inc. of all of the outstanding and issued common shares of ALX by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia). The resolutions to approve the arrangement were subject to the approval of 66-2/3 per cent of votes cast by shareholders. The arrangement resolution was approved by 85.08 per cent of the shareholders present or represented by proxy at the meeting. All matters put before the shareholders at the meeting, including the arrangement resolution, were approved. #uranium #nuclearenergy #cleanenergy #Athabascabasin #radioactive #saskatchewan #electricvehicles #lithium #Investing #EnergyMetals #exploration #drilling #mining #miningindustry #mine #capitalmarkets #preciousmetals #investor #marketing #minerals #criticalminerals #infrastructure #stocks #stockmarketnews #tesla #gold #batterymetals #finance #tsxv #juniormining #greenenergy #tsx #otc #otcmarkets #otcqb #ipo #tesla #stocktraders #ev #stockstobuy #stockstowatch #Invest #trader #project

ALX RESOURCES CORP. RECEIVES SHAREHOLDER APPROVAL FOR THE PREVIOUSLY ANNOUNCED PLAN OF ARRANGEMENT WITH GREENRIDGE EXPLORATION INC. ALX Resources Corp. has released the results of matters voted on at the company's annual general and special meeting of shareholders of the company, at the meeting, shareholders were asked to vote on resolutions approving, among other things, the acquisition by Greenridge Exploration Inc. of all of the outstanding and issued common shares of ALX by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia). The resolutions to approve the arrangement were subject to the approval of 66-2/3 per cent of votes cast by shareholders. The arrangement resolution was approved by 85.08 per cent of the shareholders present or represented by proxy at the meeting. All matters put before the shareholders at the meeting, including the arrangement resolution, were approved. #uranium #nuclearenergy #cleanenergy #Athabascabasin #radioactive #saskatchewan #electricvehicles #lithium #Investing #EnergyMetals #exploration #drilling #mining #miningindustry #mine #capitalmarkets #preciousmetals #investor #marketing #minerals #criticalminerals #infrastructure #stocks #stockmarketnews #tesla #gold #batterymetals #finance #tsxv #juniormining #greenenergy #tsx #otc #otcmarkets #otcqb #ipo #tesla #stocktraders #ev #stockstobuy #stockstowatch #Invest #trader #project

ALX RESOURCES CORP. RECEIVES SHAREHOLDER APPROVAL FOR THE PREVIOUSLY ANNOUNCED PLAN OF ARRANGEMENT WITH GREENRIDGE EXPLORATION INC. ALX Resources Corp. has released the results of matters voted on at the company's annual general and special meeting of shareholders of the company, at the meeting, shareholders were asked to vote on resolutions approving, among other things, the acquisition by Greenridge Exploration Inc. of all of the outstanding and issued common shares of ALX by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia). The resolutions to approve the arrangement were subject to the approval of 66-2/3 per cent of votes cast by shareholders. The arrangement resolution was approved by 85.08 per cent of the shareholders present or represented by proxy at the meeting. All matters put before the shareholders at the meeting, including the arrangement resolution, were approved. #uranium #nuclearenergy #cleanenergy #Athabascabasin #radioactive #saskatchewan #electricvehicles #lithium #Investing #EnergyMetals #exploration #drilling #mining #miningindustry #mine #capitalmarkets #preciousmetals #investor #marketing #minerals #criticalminerals #infrastructure #stocks #stockmarketnews #tesla #gold #batterymetals #finance #tsxv #juniormining #greenenergy #tsx #otc #otcmarkets #otcqb #ipo #tesla #stocktraders #ev #stockstobuy #stockstowatch #Invest #trader #project