Jason Craig, managing director at Denham Capital Management LP, is today’s Forty Under 40 featured honoree.
Denham backs both upstream and midstream companies working in the Lower 48. The private-equity firm has more than more than $9.8 billion of invested and committed capital across nine fund vehicles.
Jason, who previously worked for Newfield Exploration before joining Denham in 2012, said his goal is to help bring the private-equity provider into what he calls the “post- resource-grab era.”
As the unconventional industry matures, “portfolio company capitalization and organizational designs must change to meet longer, more operationally intensive hold periods,” he said.
Day’s insights covered the burgeoning LNG business, the growing eastern Eagle Ford, and opportunities in the Gulf of Mexico and Bakken Shale, and how insurance can reduce business risk.
James Hackett has been named interim CEO at Alta Mesa and the leadership team of private equity portfolio advisory firm Meridian Energy will fill out the remaining C-Suite positions.
Company’s revolving credit facility increases to $100 million.