The first Oklahoma Annual Investors Conference will be held Thursday, November 7 at the Colcord Hotel in Oklahoma City. The conference will connect the financial ecosystem by welcoming institutional investors, fund managers and prominent public figures from across the world to participate in a full day of panel discussions, keynote presentations and networking opportunities. “Financial services conferences are important for the development of the economy. They allow key-players in our industry to spend time together in the same room, which lays the groundwork for immense growth across multiple sectors,” says VIKASA Capital CEO and Founder, Roshan Pujari. “VIKASA is excited to support this endeavor and act as a catalyst for growth in our state and across the region.”
Hefner Energy will be participating in the 10th Annual DUG MidContinent Conference held November 19th-21st at the Oklahoma City Convention Center.
Robert Hefner, President & CEO of Hefner Energy Holdings, challenges long-held assumptions that minerals are uncompetitive and non-scalable as minerals investing emerges after decades in the background.
By Gregory DL Morris
Today, Continental Resources announced a much awaited update on their Project Springboard development in central Grady County. Here’s what they had to say.
“As it stands now, only about 20 percent of the Anadarko Basin’s STACK ‘sweet-spot’ locations have been drilled or developed,” Roberts said. “The play is still in its early stages of unconventional development. We can easily envision an additional 4,000 to 5,000 horizontal wells drilled.”
Sorry coastal elites, Oklahoma City is in the driver’s seat!
Continental announces they will drill 350 horizontal wells in a 81 square mile area, the most aggressive full field development in Oklahoma history
Oklahoma and Texas lead the pack with the lowest breakeven costs in the country
In a win for the industry, on April 4, in Sierra Club v. Chesapeake Operating LLC (Case No. 5:16- cv-00134), the U.S. District Court for the Western District of Oklahoma dismissed an environmentalist lawsuit against multiple oil and gas companies blaming hydraulic fracturing for increased earthquake risk.
Hefner Energy's Founder & CEO, Robert Hefner V, has been named 2016 "Best Member Communication" from the American Association of Professional Landmen (AAPL) for his work and social media interaction surrounding the lightning-rod issue of induced seismicity.
Marathon Oil announced they will pay $888MM to acquire Payrock Energy's position in the STACK, covering roughly 61,000 net acres and current net production of 9,000 barrels of oil equivalent per day (Boe/d).
Working toward their targeted $2-3 billion non-core divestment goal to offset late 2015 strategic acquisitions, Devon signed a deal to sell its Mississippi Lime assets in northern Oklahoma for $200 million to White Star Petroleum, formerly known as American Energy Woodford. A member of the American Energy Partners family founded by the late Aubrey McClendon in 2013.
Vanguard Natural Resources has agreed to sell it's SCOOP and STACK assets to Titanium Exploration Partners of Dallas, TX for $280MM with an expected close the middle of May 2016.
Continental Resources (NYSE:CLR) included analysis from Evercore SSI indicating portions of the SCOOP and STACK remain among the lowest cost plays in the United States - on par with and exceeding the Eagle Ford and Permian basins.
PetroVen, Inc. of Dallas, Texas, has closed on the divestiture of 1,600 non-operated working interest acres in the heart of the SCOOP condensate window to an undisclosed buyer as a result of their engagement with Hefner Energy which acted as exclusive sell-side advisor on the multi-million transaction.
article by Darren Barbee, Hart Energy
Oklahoma is something of a sleeper in shale oil and gas world.
article by Steve Toon, Hart Energy
The central Oklahoma Anadarko Basin might be held by a select few operators, but what a lucky bunch they are. Or give them credit for foresight. In this storm of weak commodity prices, economics in the Woodford, Scoop and Stack resource plays are holding up against the gale.
Hefner Energy CEO, Robert Hefner, was published by the American Association of Professional Landmen ("AAPL") for his exhaustive research on induced seismicity. His answers to the tough questions of if fracking or disposal wells cause seismicity (earthquakes), backed by over 50 sources. Earlier versions of this article have also been published by the Oklahoma Independent Petroleum Association ("OIPA") and Oklahoma City Association of Professional Landmen ("OCAPL").
Robert Hefner named for the Forbes List for Energy & Industry
Pictured: Robert Hefner IV and Robert Hefner V celebrate a water technology investment with former New England Patriots quarterback Drew Bledsoe and Ecosphere Technologies Inc. (NYSE:ESPH) Chairman & CEO Dennis McGuire.