- Tight Gas & Oil
- Gas Hydrates
Proceeds from the sale of a 50% stake in Unit’s midstream affiliate will be used to accelerate the drilling program of its E&P in the Midcontinent and Texas Gulf Coast regions.
The acquisition in the Texas Panhandle will bring FourPoint’s production to more than 530 million cubic feet equivalent per day and give it control of 300 miles of pipe.
Black Stone’s single largest deal to date expands its Permian presence with 15,500 net royalty acres in the Midland and Delaware basins.