Private Equity
Private Equity , Technology , Mergers
Enverus Agrees To Acquire Rival Energy Tech Firm RS Energy Group
A report in early January citing unnamed sources gave the acquisition of RS Energy Group by Enverus, formerly Drillinginfo, a roughly $1 billion valuation.
Private Equity , Exploration & Production , Acquisitions & Divestitures
Newly Formed E&P Receives Backing To Pursue Williston Basin Strategy
Pearl Energy Investments and Natural Gas Partners agreed to partner with Eagle Mountain Energy Partners to support the newly formed E&P’s strategy focused primarily in the Williston Basin.
Private Equity , Exploration & Production , Shale Plays , Acquisitions & Divestitures
Blackstone’s Permian Producer Guidon Reportedly Exploring Sale
Exxon Mobil and Diamondback Energy are among the companies studying a possible acquisition of Guidon Energy, three sources said.
Private Equity , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Midstream
Latest Tom Ward Partnership Buys Alta Mesa Assets For $320 Million
The Alta Mesa transaction represents the sixth acquisition by partnerships between Tom Ward-led Mach Resources and private equity firm Bayou City Energy Management.
Private Equity , Acquisitions & Divestitures
BlackGold Capital Acquires Midland Basin Minerals Portfolio
BlackGold Capital said 72% of the net royalty acres in the acquired portfolio are leased by operators in the top quartile of active horizontal rig counts in the Midland Basin.
Private Equity , People , Midstream
EnCap Flatrock Ushers In ‘Next Generation’ With Executive Promotions
EnCap Flatrock Midstream welcomed in the “next generation of leadership” with the announcement of three promotions, founder William R. Lemmons Jr. said.
Private Equity , Company Profiles , DUG Midcontinent , Exploration & Production , Shale Plays , Technology , Trends
Executive Q&A: Camino Natural Resources’ Growth Strategy
Seth Urruty, COO of Oklahoma-based independent Camino Natural Resources, sat down with Jessica Morales to discuss staying attractive to investors plus utilizing technology.
Private Equity , Technology , Acquisitions & Divestitures
Enverus Reportedly To Merge With RS Energy In $1 Billion Deal
Genstar Capital is nearing the acquisition of RS Energy Group with plans to merge the Calgary, Alberta-based firm with portfolio company Enverus, according to a report from Bloomberg.
Private Equity , Exploration & Production , Acquisitions & Divestitures , Mergers
Jones Energy Completes Merger With Revolution Resources
Following closing of the $201.5 million transaction on Jan. 7, Jones Energy became a wholly owned subsidiary of private equity backed Revolution Resources.
Private Equity , Midstream
Newly Formed Edgewater Midstream Lands $400 Million Commitment
Edgewater Midstream was founded in late 2019 to provide independent midstream logistics solutions to refiners, producers and marketers of crude oil, refined products and other bulk liquids.