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.

February 12, 2020

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.

January 31, 2020

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.

January 30, 2020

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.

January 28, 2020

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.

January 22, 2020

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.

January 21, 2020

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.

January 14, 2020

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.

January 10, 2020

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.

January 8, 2020

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.

January 8, 2020