Private Equity
New WildFire Energy Gets More Than $1B in Private Equity Backing
From Houston Chronicle
A cofounder of WildHorse Resource Development has formed the new WildFire Energy in Houston with more than $1 billion in backing from two major private equity firms.
Two of the top private equity firms, New York-based Warburg …
Saltstone Capital Management Presses for Change at Abraxas Petroleum
Saltstone Capital Management Presses for Immediate Change at Abraxas Petroleum Corporation
…New $165 Million Joint Venture in the Permian Basin
Development Capital Resources Announces $165 Million Development Joint Venture in the Permian Basin
…Baker Botts Sees Increasing Risk for Private Equity Energy Firms
Law firm Baker Botts’ energy litigation team sent out an update on trends the lawyers are seeing relating to litigation and oil and gas development. Meghan Dawson McElvy is the firm’s point person in this practice area.
The firm said …
Oil and Gas Funding is Evolving: An Oil & Gas 360® Special Report
For now, Wall Street has turned off the shale funding spigot
By Bevo Beaven, Editor, Oil & Gas 360, with Richard Rostad, Analyst
Oil and gas funding is evolving. Initial public offerings, secondaries and follow-on equity raises are no longer …
$930-Million Water Acquisition: TPG Capital Acquires Goodnight Midstream from Tailwater Capital, Private Investors
Transaction provides Goodnight Midstream access to $300 million incremental capital to accelerate growth
TPG Capital, the private equity platform of global alternative asset firm TPG, has signed a definitive agreement to acquire a majority stake in Goodnight Midstream, a leading …
Registration is Open for EnerCom Dallas
Institutional investors can meet with management teams, hear 2019 operational plans from the oil and gas industry in Dallas, Texas – Feb. 27-28, 2019
Institutional investors, portfolio managers, financial analysts, CIOs and other investment community professionals who invest in the …
90 Public and Private Oil and Gas Companies at the 23rd Annual Oil & Gas Conference®
EnerCom public company presenters include 43 North American shale E&Ps, 7 international E&Ps and 10 other producers
Chief executives from companies drilling the North American shale basins, conventional plays in the Gulf of Mexico, Europe and Latin America, LNG exports, …
Tailwater Capital Brings Capital Under Management to $2.7 Billion with Third Fund
Tailwater Capital closes its third energy fund for $1 billion
Dallas-based private equity fund Tailwater Capital announced today that the firm closed its third energy-based fund, the Tailwater Energy Fund III LP, at its hard-cap of $900 million. An additional …
Carlyle Seeks to Launch $4 Billion Fund for Oil and Gas Asset Buyouts
From Financial Times
Carlyle’s new energy and natural resources division chairman to oversee $25 billion of assets under management and 107 active portfolio companies
Fund will buy companies active in the energy supply chain and will make acquisitions of assets
…More Pros are Going to Family Offices
From PE Hub
Family offices are becoming a preferred destination for many investment professionals, with several pros making the move these past months.
“There was a time all investment guys wanted to go to hedge funds; now they want family …
Private Funds Launch New Midland Basin Oil Company
Newly formed DoublePoint Energy LLC holds one of the largest private land positions in the core of the Midland
Double Eagle Energy Holdings III of Ft. Worth and Denver’s FourPoint Energy have formed DoublePoint Energy LLC, a new pure-play Midland …
Warburg Pincus Invests $138 Million in Canadian E&P
Calgary-based E&P Artis Exploration Ltd. closed a CDN$180 million (USD$138 million) growth equity investment from Warburg Pincus.
Founded in 2015, Artis is focused on the Duvernay East Shale Basin of Western Canada, where the company holds a contiguous acreage position …
Private Equity: Delivering Capital Upstream
In the context of the total business sector, the global private equity industry raised a record $453 billion from investors in 2017, leaving it with more than $1 trillion to pour into companies and new business ventures, Reuters reported at …
Niche Private Equity Firm Aims to Fill a Void with its Debut Upstream Fund
An exclusive OAG360 interview with Drillcore Founder and Managing Partner Evan Turner
New York-based Drillcore Energy Partners launched its debut fund this week, a $250-million private equity fund targeting U.S. upstream. Drillcore said it seeks to allocate the capital raised …
Carrizo Is Newest Activist Investor Target
Kimmeridge pushes the firm to focus on Permian
Activist investors continue to shake up E&P companies, with one group now taking aim at Carrizo Oil & Gas (ticker: CRZO).
Private equity firm Kimmeridge Energy disclosed an 8.1% stake in Carrizo …