Eos Petro Inc. engaged Deloitte Corporate Finance LLC to advise its efforts to pursue acquisitions and raise additional equity and debt capital.
Eos’ current, active properties are in the Illinois Basin.
"Eos is an ideal client for DCF, and presents an outstanding opportunity for our respective teams to work together and create liquidity, achieve growth, and facilitate long-term advantage," said Thomas W. Sloop, managing director and head of oil and gas investment banking at Deloitte.
"Our reach, both in terms of capital relationships and markets, enables us to act as a force multiplier to assist clients like Eos to realize their full potential."
Eos Petro is based in Los Angeles.
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