Kayne Anderson Energy Funds and two executives from Zone Oil and Gas LLC have formed the Houston-based venture Zone Energy LLC to acquire and develop U.S. onshore oil and gas properties.
Kathy Hogenson will serve as Zone’s president and chief executive officer. She is the former president and chief executive officer of Santos USA Corp. and vice president, exploration and production technology officer, of Unocal Corp.
Bill Hogenson will serve as vice president. He is the former vice president, exploration, of Santos USA Corp.
Kathy Hogenson says, “We are very excited to team up with Kayne Anderson. Our strategy will be to focus on acquisitions in our target areas where we can deploy our technical and operating skills to enhance the value of acquired properties.”
Kayne Anderson manages a series of investment ventures dedicated to private equity financings for high-growth exploration and production, midstream and oilfield service companies and has more than $2 billion of capital under management.
“Kayne Anderson is very pleased to announce another investment with a proven management team,” says Chuck Yates of Kayne Anderson. “We look forward to working with Kathy and the Zone
Recommended Reading
Investors Waiting Out AMLO’s Tenure, Eyeing Future Mexican Leader
2023-03-24 - Energy investors in Mexico continue to wait out the tenure of President Andrés Manuel López Obrador, which comes to an end next, with an eye on a new leader and potential policy changes.
Former US Sen. Mary Landrieu: Build More Pipelines Now [WATCH]
2023-03-22 - Former Democratic U.S. Sen. Mary Landrieu, now a leader with Natural Allies for a Clean Energy Future, discusses the need to build new pipelines, particularly along the East Coast, and why solar, wind and natural gas are natural partners.
GE’s Direct Air Capture Project Moves to Large-Scale Testing Phase
2023-03-21 - Project to capture CO2 from the air is ready for large-scale testing, GE says.
Britain's Drax Pauses $2.5 Billion Biomass Carbon Capture Plans
2023-03-21 - Drax is holding out on further investment in carbon capture technology until it receives more clarity on the British government's support of bioenergy with CCS.
KAPSARC Says US Shale Continues in Two-Tier System
2023-03-20 - Colin Ward, a fellow with the Riyadh-based King Abdullah Petroleum Studies and Research Center (KAPSARC), told Hart Energy during CERAWeek by S&P Global that the U.S. shale industry continues to operate in a two-tier system.