Private Equity
Private Equity , People , Renewables , Technology
Quantum Energy Partners Hires Sebastian Gass to Lead Firm’s Digital Transformation
Sebastian T. Gass previously worked at Chevron for 13 years where he led the oil major’s digital transformation as its general manager for technology and strategy.
Public Capital , Private Equity , Emissions , Technology , Acquisitions & Divestitures
Baker Hughes Continues to Shed Oilfield Assets with SPC Flow Unit Sale
The sale follows comments CEO Lorenzo Simonelli made recently about downsizing Baker Hughes’ oilfield services and equipment portfolio in preparation for the energy industry’s transition to a low-carbon future.
Restructurings , Private Equity , Shale Plays
Houston-based Bruin E&P Emerges from Bankruptcy with $230 Million Revolver
Bruin E&P Partners also emerged from Chapter 11 bankruptcy with a newly constituted board of directors comprised of Kevin Asarnow, Mark Bisso, Richard J. Doleshek and Mike Wichterich as well as Bruin CEO Matt Steele.
Private Equity , Exploration & Production , Acquisitions & Divestitures
AVAD II Launches with Backing from Pearl Energy Investments, NGP
Dallas-based AVAD Energy Partners II said it will pursue an acquire-and-exploit strategy focused on creating value through “operational excellence with an agnostic view to commodity type or basin.”
Private Equity , Investment
Energy Private Equity Valuation in a COVID-19 World
As private equity fund managers assess the economic impact of COVID-19, developing reliable valuation processes and procedures for their oil and gas investments will ensure transparency to regulators and investors.
Public Capital , Private Equity , Investment , Shale Plays , Trends
Oil and Gas Financing: Back to the Bootstraps
Investors can be lured back to oil and gas, but free cash flow has to be returned to shareholders and not sunk back into the ground, say panelists during Summer NAPE.
Private Equity , Shale Plays , Acquisitions & Divestitures
Posse Resources Buys Haynesville Portfolio of Live Oak’s Inaugural Fund
The transaction included roughly 4,800 net royalty acres (normalized to 1/8 royalty) located in North Louisiana, with production across the Haynesville Shale, Bossier Shale and Cotton Valley formations.
Public Capital , Private Equity , Investment , Shale Plays
Opinion: US Will Find It Hard to Break Its Frack Habit
Unlike shareholders, management teams of U.S. shale oil companies have made money.
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.