Private Equity
Private Equity , Exploration & Production , Shale Plays , Acquisitions & Divestitures
Presidio Petroleum Acquires Anadarko Position from Bankrupt Templar Energy
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.
Private Equity , Shale Plays , Water Management , Acquisitions & Divestitures , Midstream
Solaris Water Midstream Boosts Permian Footprint with Concho Resources Deal
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.
Private Equity , Exploration & Production , Acquisitions & Divestitures
Blackstone Group to Buy LLOG’s Stake in Gulf of Mexico Project
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.
Business , Private Equity , Acquisitions & Divestitures , Trends
Minerals Private Equity: Weathering the Storm
Private-equity companies and their mineral portfolios have been quick in their response to the dramatic slowdown of drilling activity in the shale patch.
Restructurings , Private Equity , Shale Plays
Arclight’s Bruin E&P Partners Files for Chapter 11 Bankruptcy
Led by CEO Matt Steele, Bruin E&P Partners formed in 2015 with backing from Boston-based private equity firm ArcLight Capital Partners.
Private Equity , Company Profiles , DUG Haynesville , Rig Counts , Shale Plays
PATH FORWARD: Rockcliff Energy CEO Alan Smith on Haynesville Awareness
Alan Smith, president and CEO of Rockcliff Energy, explains the Haynesville Shale advantage and why that might be misunderstood by the investment community.
Private Equity , Storage
Industry Veterans Form Tivoli Midstream, a Terminal and Storage Platform
Energy Spectrum-backed Tivoli to focus on acquiring and constructing strategic storage assets and optimizing oil, gas and petrochemical logistics.
Private Equity , Acquisitions & Divestitures , Trends
E&P Private-equity Strategy: Plans, Schemes and Broken Dreams
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.
Private Equity , Shale Plays , Joint Ventures , Gathering & Processing , Pipelines
Sabine Oil & Gas Forms Midstream JV in East Texas Carthage Area
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.
Business , Private Equity , Shale Plays , Trends
Private Minerals Companies: Solid (Relatively) as the Rock
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.