SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. 1.800.427.5747 Decreased Robert grew up in San Antonio and has been in Houston since 1990. Energy news, analysis, interviews, and exclusive coverage you need to keep your industry edge. ISSN 2577-9877 2023-06-14 - Russia resumed oil exports to North Korea in December, the first since 2020 as the two countries deepen ties. All rights reserved. Owner Relations ESG Contact Discovering Hidden Reserves In South Texas Escondido Resources is a private independent company focused on developing unconventional gas reserves from the Escondido, Olmos, Eagle Ford, and Austin Chalk formations in South Texas. Partners William E. Deupree, Mark E. Semmelbeck, J. Kurt von Plonski and J. David Wrather formed Escondido Resources II LLC as successor to Escondido Resources, L.P., which was sold for $249.5 million in October 2007. Information on assets, buyers and sellers, deal values, and more. What. Contact 19297 S. I-35 Phone 713-662-0332 Headquarters: 2002 W Grand Parkway N, Ste 205 Escondido Resources II LLC, a privately held company backed by EnCap Investments LP, has acquired producing assets in South Texas from Kaiser-Francis Oil Co., Tulsa, Okla., for an undisclosed price. Weve also widened our presence by accumulating a large acreage position in West Texas where we expect to apply the stimulation techniques weve employed in the Olmos and Escondido formations to the largely overlooked Strawn formation, Deupree said. AK Metals, LLC is the only company located at 1630 Mission Rd, Escondido, CA 92029. approximately 60,000 net acres in the shallow Escondido and Olmos Robert joined the Escondido team in May 2021 as the Vice President of Operations with a primary focus on completions, base production, geology, and reservoir engineering. of additional leasehold acreage and properties in the region. Restaurant Coffee Parking Hotel Taxi Pharmacy Bank Gas . What can I say to people who have spent decades to get really good at their craft. Email this Business. There is no recent news or activity for this profile. Same He brings 37 years of industry experience spanning 22.5 years at Chevron followed by roles as a chief technology officer at a service company and an independent producer and president of a technology deployment company. marginal drilling area to one exhibiting extremely robust economics.. Escondido II is also pursuing the acquisition LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and to show you relevant ads (including professional and job ads) on and off LinkedIn. Owner Relations ESG Contact Discovering Hidden Reserves In South Texas Escondido Resources is a private independent exploration, production and development company focused on developing unconventional gas reserves from the Eagle Ford Shale in South Texas. We also continue to have success in South Texas in the shallower Escondido and Olmos formations and have expanded our presence eastward into the oilier portions of the these two formations in La Salle and McMullen counties.. You have 3 free articles remaining. The show examines all aspects of the legal profession, from intellectual property to criminal law, from bankruptcy to securities law, drawing on the deep research tools of BloombergLaw.com and BloombergBNA.com. Meanwhile, former Petrohawk executives are pursuing liquids-rich shale targets with Halcon Resources Corp. (see Shale Daily, Aug. 23). 2023 Natural Gas Intelligence. In his current position, he oversees the day-to-day management of Escondidos Land Department and is also responsible for identifying and capitalizing on acquisition, divestiture, and joint venture opportunities for the company. Escondido Resources is an exploration and development firm that focuses on developing conventional and unconventional natural gas reserves in Texas. Reproduction in whole or in part, in any form or medium without express written permission is prohibited. Previously, Jacki served as Director of Accounting for CAMS, LLC E&P group, managing full-cycle accounting for multiple private equity clients. San Antonio, Texas 78248. reserves in South Texas. Prior to becoming a landman, Will worked on Capitol Hill and for the U.S. Chamber of Commerce in their China Office. NGI Archives Will officially joined Escondido in 2018 and previously did work for the company as an independent landman. Nicholas Stellas is a dedicated energy finance professional with experience in asset development, corporate finance, and acquisitions and divestitures. located primarily in La Salle County in South Texas. 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You can update your choices at any time in your settings. Highest Escondido Resources II, LLC announced today that the company has sold 11,050 net acres in the Eagle Ford Shale for a total consideration of $115.3 million. having a substantial position in the gas-prone portion of the Eagle Ford Zade joined Escondido in 2023 as Vice President of Reservoir Engineering, focusing on asset development, resource characterization, and business development. Escondido's senior management team has been working in the South Texas region since the late 1980s, and the company's strategy is to grow through low-risk exploitation and development along with higher-risk exploration of its existing properties and acreage. Escondido Promenade is located in the city of Escondido, CA, strategically located off Interstate 15. drilled to date. Escondido Resources II LLC as successor to Escondido Resources, L.P., Select Accept to consent or Reject to decline non-essential cookies for this use. Phone Number (713) 662-0332. A Forum to Discuss Leadership and Management Issues. Prior to JP Morgan, he worked as a research analyst covering E&P and integrated oil companies at Bank of America Merrill Lynch, focusing on technical analysis of Lower 48 basins and supply and demand dynamics. million. 2023-06-01 - The average LNG price for July delivery into northeast Asia was down 5.3% compared to the previous week. |, Related topics: Commission All rights reserved. Subscriber Exclusive: Can Texas Natural Gas Power Mexico's Nearshoring & LNG Ambitions? Mark E. Semmelbeck, J. Kurt von Plonski and J. David Wrather formed With headquarters in Midland, Texas, and satellite offices in Houston, at a senior affordable housing program in Escondido, the supervisor said. https://lnkd.in/gP_UtYEZ, Join to see who you already know at Escondido Resources, Discovering Hidden Reserves in South Texas, Find people you know at Escondido Resources, Geographic Information Systems Analyst jobs. Producing backed by private equity commitments from EnCap Investments L.P. of Currently, Escondido is developing its 40,000 gross-acreage position in Webb and LaSalle counties in the prolific Eagle Ford Shale along with the Olmos and Escondido formations utilizing horizontal drilling technologies. info@naturalgasintel.com the proceeds from the sale to pay off debt and to increase its capital 2023 EnCap Investments, L.P. All rights reserved. by Voice of San Diego April 25, 2022 Illustration by Carolyn Ramos for Voice of San Diego The house on the corner of Boyle Avenue looks like any other single-family home on Oak Hill Drive in Escondido. EnCap portfolio company Escondido Resources II buys producing assets from Kaiser-Francis Oil gaining 2,300 gross acres, plus 40,000 acres in new leasehold. Finding the hidden descriptors is not super obvious even to adults, so it also teaches them to . Wilcox, Escondido, Olmos and Eagle Ford formations. This sale is very strategic for Escondido Resources, said William E. Midland 9651 Katy Fwy Additionally, Escondido has leased nearly 72,000 acres in Pecos and Terrell counties in West Texas and expects to drill its first well in the fourth quarter, focusing on conventional drilling for crude oil in the Strawn formation. Escondido Resources II was formed in November 2007 by partners William E. Deupree, Mark E. Semmelbeck, J. Kurt von Plonski and J. David Wrather. The coming year could be a busy one for development in Escondido, as some large residential and commercial projects are moving through the city's approval process or . Corporate Office. Questions? It allows us The transactions Morning Report Morning Report: An Escondido Senior Care Charity Sold Its Assets. Overview Doing Business As: Team ECC Company Description: ? DALLAS-- ( BUSINESS WIRE )--Bond Properties announced today its acquisition of the remaining assets of the developers of Escondido, a luxury, private . Our acreage position was put together with the idea of pursuing multiple drilling objectives and our recent results in drilling horizontal wells in these reservoirs have far exceeded our expectations. Amusement Parks, Arcades & Attractions, Hospitality, 9090 Fm 2147, Horseshoe Bay, Texas, 78657, United States. Headquarters. Zade holds a bachelors and masters degrees in Petroleum Engineering from Texas A&M University at College Station. It's a great "find-the-hidden-things" kind of book that kids love, and it teaches vocabulary in a fun way. MIDLAND, Texas-- ( BUSINESS WIRE )-- Escondido Resources II, LLC announced today that the company has sold 11,050 net acres in the Eagle Ford Shale for a total consideration of $115.3 million.. The future doesnt just happen, we make it. Escondido has again been ranked one of the Top 100 Private E&P's by Hart Energy and is up 3 spots to No. Nearby Resources. Ask Madeleine. ISSN 2158-8023 Get access to 100,000+ more news articles & industry data. Name Email Address Subject Its exciting to drill a big well in the Eagle Ford Shale like the Spohn Ranch 1H, said Escondido CEO William E Deupree. Escondido Promenade is an outdoor community center with over 50 necessity-based merchants and lifestyle retailers including Target, Dick's Sporting Goods, TJ Max, Pier 1, Tilly's and Ross Dress for Less. The Storey 4H well is in LaSalle County in the Tres Encanto Field, an area also referred to as the White Kitchen Field. LLC is focused on the development of conventional and unconventional Escondido's senior management team has been working in the South Texas region since the late 1980s, and the company's strategy is to grow through low-risk exploitation and .

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