The acquisition of Templar Energy’s assets through a bankruptcy auction represents an expansion from the western Anadarko Basin, where Presidio Petroleum already has an established position, into Oklahoma’s STACK play.
In conjunction with the deal, Solaris Water Midstream’s sponsors and management also increased their capital commitments to support the continued expansion of the company’s infrastructure systems in the Permian Basin.
The Blackstone Group, through portfolio company Beacon Offshore Energy, is buying LLOG Exploration's 31% holding in the $250 million Shenandoah project in the Gulf of Mexico.
Led by CEO Matt Steele, Bruin E&P Partners formed in 2015 with backing from Boston-based private equity firm ArcLight Capital Partners.
Alan Smith, president and CEO of Rockcliff Energy, explains the Haynesville Shale advantage and why that might be misunderstood by the investment community.
Energy Spectrum-backed Tivoli to focus on acquiring and constructing strategic storage assets and optimizing oil, gas and petrochemical logistics.
After years of hoping for oil prices to return to better days, the magical thinking by optimistic E&Ps is out, and private-equity firms are poised to pounce.
The JV transaction marks Osaka Gas’ first acquisition in the midstream business in the U.S. following the Japanese company’s purchase of Sabine Oil & Gas late last year.
A brutal downcycle hurts all, but don’t mistake mineral portfolios with struggling E&Ps. The nature of their part of the business means less risk but greater stability in times like these.