Private Equity

Public Capital , Private Equity , Investment , Shale Plays

As Oil-Well Backlog Shrinks, US Shale May Upset Investors and Drill More

U.S. energy producers have cut so deeply into a once-large reserve of oil wells waiting to be turned on they soon may have to resume drilling to keep production from sagging.

September 14, 2021

Private Equity , Acquisitions & Divestitures , Midstream

Enbridge Acquires EnCap Flatrock-backed Moda Midstream in $3 Billion Cash Deal

The acquisition of Moda Midstream, which includes 100% operating interest in the Ingleside Energy Center—North America’s largest crude export terminal—significantly advance Enbridge’s U.S. Gulf Coast export strategy.

September 7, 2021

Private Equity , People , Shale Plays , Midstream

EPIC Midstream Appoints Michael Garberding as CFO

Michael Garberding’s career has spanned across all aspects of corporate strategy, business development and finance and accounting in various energy companies, including as president and CEO of Enlink Midstream.

September 3, 2021

Private Equity , Deepwater , Acquisitions & Divestitures

Quantum Launches HEQ Deepwater with over $400 Million Commitment

HEQ Deepwater, a partnership between Quantum and Houston Energy, recently acquired a stake in the Shenandoah deepwater project in the U.S. Gulf of Mexico.

August 30, 2021

Private Equity , Energy Transition

Apollo Pledges $150 Million to Energy Tech Firm in Renewables Push

FlexGen’s energy storage solutions bridge the gap of reliability for the grid and help accelerate the adoption of renewables by shifting renewable power consumption to times when it is needed most, says Apollo Senior Partner Olivia Wassenaar.

August 27, 2021

Private Equity , Investment , Energy Transition

How Oil Producers Can Attract PE Investors Despite Growing Green Push

The oil and gas industry went from having a red problem in terms of losing money to a green problem with the “ESG tidal wave,” says Chuck Yates, who currently serves on the Cottonwood Venture Partners advisory board.

August 27, 2021

Private Equity , Transactions

New Firm Launches Targeting ‘Historical Under-investment’ in the US Gulf of Mexico

Esperanza Capital Partners was founded by oil industry veterans David M. Dunwoody Jr. and William H. Goodwin alongside an investment from Cockrell Interests to target the acquisition of energy and infrastructure assets in the U.S. Gulf of Mexico.

August 27, 2021

Private Equity , Energy Transition

EnCap Investments Backs Houston-based Renewable Gas Company

EnCap Investments and Mercuria Energy agree to fund Arbor Renewable Gas, a leader in industrial scale woody biomass to renewable gasoline and green hydrogen projects focused initially on the Texas and Louisiana Gulf Coast.

August 20, 2021

Private Equity , Acquisitions & Divestitures

Kayne Anderson Backs E&P Team Led by Former CRC CEO Todd Stevens

Kayne Anderson is partnering with Black Knight Energy, a new California-based private E&P company led by Todd Stevens, with an equity commitment in excess of $500 million. 

August 19, 2021

Private Equity , Mergers

BHP, Woodside Investors Jittery over All-stock Petroleum Merger

Shares in BHP Group and Woodside Petroleum fell on Aug. 18 as investors on both sides raised questions about the value of the Perth-based oil and gas group's proposed merger with BHP's petroleum arm.

August 18, 2021