Private Equity

Private Equity , Exploration & Production , International

Black Sea Gas Platform Launched Offshore Romania Despite War Risks

The project by Black Sea Oil & Gas (BSOG), controlled by U.S. private equity firm Carlyle Group LP, is Romania’s first offshore Black Sea development in three decades.

June 29, 2022

Private Equity , Shale Plays , Acquisitions & Divestitures

Tug Hill, Quantum Energy Explore $5 Billion Sale: Sources

THQ Appalachia, which focuses on the Marshall and Wetzel counties in West Virginia, is expected to fetch bids of more than $5 billion due to the worth of its existing production and potential value of its undeveloped acreage, sources said.

June 27, 2022

Private Equity , Shale Plays , Transactions

Percussion Petroleum Reportedly Seeking Sale Worth Up to $1.5 Billion

Percussion Petroleum II bought the bulk of its assets in the Permian Basin from Oasis Petroleum a year ago for $375 million plus contingent payments.

June 21, 2022

Private Equity , Shale Plays , Acquisitions & Divestitures

Spicewood Mineral Partners Closes Initial $250 Million Fund Above Target

Spicewood announced the final closing of Spicewood Mineral Partners LP with total capital commitments exceeding its target of $200 million.

June 21, 2022

Private Equity , Shale Plays , Acquisitions & Divestitures

Double Eagle Launches New Venture with Over $1.7 Billion from EnCap, Others

Double Eagle Energy’s latest venture will pursue a similar strategy in the Permian Basin that led to the success of the predecessor companies, but on a “considerably larger scale,” according to the release.
 

June 20, 2022

Private Equity , Shale Plays , Acquisitions & Divestitures

From Bakken to Haynesville: Riverbend Sells Nonop Assets for $1.8 Billion

Riverbend Energy Group had assembled the nonop acreage since 2016 through three funds; it retains assets in the Permian’s southern Midland Basin.

June 16, 2022

Private Equity , Shale Plays , Acquisitions & Divestitures

Andros Launches Mineral Platform with $122 Million Acquisition

In its initial acquisition, Andros Minerals entered an agreement with an undisclosed private seller to acquire a portfolio located in the Eagle Ford Shale and Permian’s Midland and Delaware sub-basins.

June 7, 2022

Private Equity , Shale Plays , Acquisitions & Divestitures

Intrepid-backed Rio Grande E&P Finds Exit to Two Separate, Undisclosed Buyers

Rio Grande E&P LLC sold both its conventional and unconventional Eagle Ford Shale assets located in South Texas to two separate undisclosed buyers, according to a June 1 release.

June 2, 2022

Private Equity , Conferences , ESG

How Carbon Management Transparency is Changing with Investor Guidelines

EIV Capital’s David Finan shares how investors are deciding which carbon management practices are worth pursuing, as well as the trillions of dollars of capital needed to reach net zero.

June 1, 2022

Private Equity , Shale Plays , Acquisitions & Divestitures

After $900 Million Acquisition, Validus Sees Potential Eagle Ford Consolidation

Validus, with roughly $1 billion of capital commitments available for deals, is also looking to convert its “barrels in the ground” into high margin returns.

June 1, 2022