Russell Artho joined the EnergyNet team in 2018 as controller and his promotion to CFO is reflective of his “dedicated leadership and thoughtful contributions,” says Chris Atherton, CEO of the A&D advisory firm.
Private equity’s interest in oilfield services is expanding the definition of what is investable in the OFS space.
The NorTex Midstream deal follows the acquisition of Tall Oak II and III by Tailwater Capital last month in Oklahoma’s Arkoma STACK.
Additionally, Vortus Investment Advisors announced the promotions on Feb. 8 of Frank Lamsens to COO and Ross Cunningham to director of finance.
As part of its acquisition of Tall Oak III, Tailwater Capital said it will merge the company’s assets with Tailwater’s existing portfolio company in the Midcontinent region, Connect Midstream, with the Tall Oak team assuming operatorship.
All observers expect Permian consolidation. Some is already underway. Dance cards are filling up. Meanwhile, PE-backed E&Ps are holding on well past their original exit targets. What’s to come?
How to get public and private capital back to the oil patch? This expert share what’s on investors’ minds and how E&Ps are solving for it.
Led by industry and investment veteran Claire Harvey, ARM Resource Partners will focus on acquiring passive oil and gas interests across the Lower 48.
EnCap Flatrock Midstream recently announced the promotions of Matthew R. Melton and Kyle Stelma, who both joined the San Antonio-based firm in 2017, to vice president.
The upsized commitment results in $525 million of total equity commitments from Kayne Anderson, which has backed Kraken Resources and its predecessor entities since its formation in 2012.