Proving up a concept can usually be done with traditional capital, but what about when you’re ready to step on the accelerator? Drilling partnerships — or "drillcos" — can be a ready source of funds with no hit to the balance sheet when you’re ready to amp up development drilling.


  • Mark N. Stoner, partner of Bayou City Energy; and
  • Marc Rowland, founder and senior managing director of IOG Capital.