Private Equity

Private Equity , Shale Plays , Acquisitions & Divestitures

Colgate Launches Debt Offering to Fund Occidental Permian Asset Deal

Colgate Energy priced the offering of $500 million new senior unsecured notes due 2029, increased from the originally proposed $400 million, at par.

June 17, 2021

Private Equity

Oil and Gas Investor’s Capital Formation: Clearing the PE Logjam

Much as the current market for oil and gas assets functions today at a relatively lower level than in recent years, the trading of private equity energy investments in the $60 billion secondary market is “logjammed.” 

June 17, 2021

Private Equity , Shale Plays , Acquisitions & Divestitures

Mesa Minerals Partners Finds New Backer with $150 Million Commitment

Mesa Minerals Partners II’s predecessor, a Quantum Energy Partners portfolio company, sold its Haynesville Shale-focused royalty portfolio for $135 million late last year to Franco-Nevada.

June 7, 2021

Private Equity , Investment , Company Profiles , Exploration & Production , Health, Safety & Environment , Emissions , Energy Transition

Engine No. 1, the Giant-Killing Hedge Fund, Has Big Plans

It has been depicted as a new David-and-Goliath tale for Wall Street: a tiny hedge fund called Engine No. 1 went up against the mightiest oil company in the U.S. and won three seats on its board, with a mandate to prepare it for a future free of fossil fuel.

June 4, 2021

Public Capital , Private Equity , Natural Gas , Shale Plays , Acquisitions & Divestitures , Mergers

Southwestern Energy to Buy Haynesville Producer Indigo Natural Resources in $2.7 Billion Deal

U.S. gas producer Southwestern Energy Co. has entered a definitive merger agreement with Haynesville producer Indigo Natural Resources LLC to acquire Indigo for about $2.7 billion, the company said on June 2.

June 2, 2021

Private Equity , Shale Plays , Acquisitions & Divestitures , Mergers

Colgate Acquires Luxe Energy in All-Stock Transaction

The acquisition will create one of the largest private companies in the Permian Basin, with around 57,000 net acres, roughly 45,000 boe/d and 4 rigs running as of June 1, 2021.

June 2, 2021

Private Equity , People , Energy Transition

Blackstone Taps Alasdair Cathcart to Bolster Energy Transition Strategy

Most recently, Alasdair I. Cathcart served as president of Bechtel’s global oil, gas and chemicals business headquartered in Houston.

May 21, 2021

Private Equity , Shale Plays , Acquisitions & Divestitures , Mergers

Kayne Anderson Combines Anadarko Basin Portfolio Companies Under New Management

Kayne Anderson announced the all-equity consolidation of Casillas Petroleum Resource Partners, Native Exploration Holdings and Acacia Exploration Partners to form 89 Energy III.

May 21, 2021

Private Equity , Shale Plays , Acquisitions & Divestitures

Cimarex Energy Strikes Midcontinent Asset Sale to Tom Ward-led Group

Will McMullen, managing partner of Bayou City Energy, also added that the partnership between BCE and Ward’s Mach Resources plans to start considering acquisitions outside of the Midcontinent region.

May 19, 2021

Private Equity , Influential Women , Energy Transition

Women in Energy: Kellie Metcalf, EnCap Energy Transition

Today’s featured 25 Influential Women in Energy honoree is Kellie Metcalf, managing partner at EnCap Energy Transition based in Houston.

May 18, 2021