Beachwood Helix Teases Twin Transactions Valued at $863 Million

Since launching its platform, new asset marketer Beachwood Helix has evaluated more than 200 energy deals, president and founder Joshua Robbins said.

Beachwood Helix Teases Twin Transactions Valued at $863 Million

Beachwood offers a web-based platform called the Helix with the goal of “saving the time of sorting through millions of wells and finding the assets that fit the buyer’s target parameters.” (Source: Hart Energy, Shutterstock.com)

Beachwood Helix Corp., a new energy asset marketplace, is teasing two deals by a private buyer that are set to close in July for about $863 million.

The assets are located in the Lower 48. Beachwood president and founder Joshua Robbins said in an interview with Hart Energy that he had spoken to the buyer on June 2 and could not provide additional details.

Robbins said details, including the name of the buyer, would be released after closing because of the “volatile market” and “lack of energy-friendly financing.”

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Darren Barbee

Darren Barbee is senior editor for Oil and Gas Investor magazine.