Acquisition of Midcon Oil and Gas Assets in Oklahoma
Planned · Oklahoma · Last reported Apr 2026
Source: Proactive financial news
Formation of a joint venture, Vega Upstream JV, between ADM Energy PLC and Covenant Oil Group Corp to acquire a portfolio of producing oil and gas wells in Oklahoma, including operated and non-operated natural gas, natural gas liquids, and oil wells, along with a natural gas gathering system. The acquisition is financed primarily through an institutional credit facility and includes ADM's equity c
- Status
- Prospective
- Sector
- Natural Gas, Oil and Gas
- Location
- Oklahoma, United States of America
- Updated
- 22 Jul 2026
- Source
- Proactive financial news
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Formation of a joint venture, Vega Upstream JV, between ADM Energy PLC and Covenant Oil Group Corp to acquire a portfolio of producing oil and gas wells in Oklahoma, including operated and non-operated natural gas, natural gas liquids, and oil wells, along with a natural gas gathering system. The acquisition is financed primarily through an institutional credit facility and includes ADM's equity contribution and acquisition fee. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
State | Oklahoma |
Source
Source | Proactive financial news |
URL |
More Details
Record type | Project |
Sector | Natural Gas, Oil and Gas |
Article published date | 2026-05-02 |
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