Private Equity
Private Equity , Exploration & Production , Shale Plays , Acquisitions & Divestitures
Percussion Petroleum Re-ups with Carnelian Following Successful 2019 Sale
Percussion Petroleum II will pursue the same acquisition and development strategy as its predecessor, which sold its position in the Permian Basin’s Northwest Shelf to Spur Energy Partners in mid-2019.
Private Equity , People , Midstream
Edgewater Midstream Rounds Out C-suite with CFO Appointment
The appointment of David Anders as CFO rounds out the C-suite at Edgewater with the addition of “considerable M&A and capital markets experience in the midstream space,” CEO Stephen Smith says.
Private Equity , Midstream
Dallas-based Tailwater Capital Closes Largest Fund to Date
Commenting on the current state of the oil market, Jason Downie, founding partner of Tailwater Capital, says he expects to see “some of the most compelling buying opportunities” in many years.
Restructurings , Public Capital , Private Equity , Trends
Surviving Beyond 2020: Capital Strategies For E&Ps
In a time of economic uncertainty and significant disruption, oil and gas producers need to take steps today in order to capture value now and in years to come.
Restructurings , Public Capital , Private Equity
From OGI Editor-In-Chief: Break It Down, Build It Back Right
After essentially five years of an ongoing downturn, the oil and gas industry is desperately seeking solace.
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.