Technology could help unlock more barrels from shale plays, as it has in the past, but comfort levels pose challenges amid tough market conditions.
Westbourne Capital will exclusively provide an up to $1.025 billion mezzanine loan in support of Freeport LNG’s proposed fourth natural gas liquefaction train expansion efforts.
Public E&P investors are insisting that operators produce returns, so private-equity-backed E&Ps wanting to sell to a public E&P are working to do the same. One said, “It all rolls downhill.”
Following its recent multimillion-dollar sale to coal producer Alliance Resource Partners, Wing Resources reemerges with its fourth partnership with NGP.
Concurrent with the Sabalo acquisition, EIV Capital and multiple co-investors “substantially increased” their equity commitment for H2O Midstream to pursue additional growth in the Permian Basin.
The deal also marks the first transaction for American Midstream Partners since completing its merger with private-equity firm ArcLight Capital.
With Wall Street’s lingering hesitancy about the energy sector, private equity has taken on a larger role in financing the necessary midstream buildout.