Mezzanine financing usually remains a reliable standby when the broader capital markets are swinging shut.
While the lower middle market might be underserved, capital is still available for smaller, regional operators with good opportunities.
DUG Permian - Producer Panel: Admiral Permian Resources; Triple Crown Resources; Discovery Natural Resources (2019)
The Permian Basin’s original oil in place is world-class. These operators, Admiral Permian Resources, Triple Crown Resources and Discovery Natural Resources, describe the vast resource still remaining in their leasehold and how they’re capturing more and more of it.