Post Tagged with: "Investment"

Source: TOPS/LinkedIn

Black Bay Energy Capital Backs Permian-Based Oilfield Services Company

By Tyler Losier, Energy Reporter, Oil & Gas 360

Black Bay Energy Capital forms partnership with Total Operations and Production Services
Black Bay Energy Capital, a private equity firm focused primarily on the oilfield services and equipment sector, has formed

Source: Oryx Midstream Services

Oryx Midstream Lands $550 Million from Qatar Investment Authority

By Tyler Losier, Energy Reporter, Oil & Gas 360

Qatar Investment Authority acquires significant stake in Oryx Midstream Services from an affiliate of Stonepeak Infrastructure Partners
Qatar Investment Authority (QIA), the country’s sovereign wealth fund, will be acquiring a significant

Black Bear Midstream Enters into Gas Gathering and Processing Agreement

Black Bear Midstream Enters into Gas Gathering and Processing Agreement

By Tyler Losier, Energy Reporter, Oil & Gas 360

Black Bear Midstream enters into seven-year agreement with undisclosed Cotton Valley producer
Black Bear Midstream, a portfolio company of Oaktree Capital Management (stock ticker: OAK), has entered into a seven-year gas

To Keep Up, Majors Need to Spend $30 Billion in the Permian: IHS

To Keep Up, Majors Need to Spend $30 Billion in the Permian: IHS

From the Houston Chronicle

Oil majors led by Exxon Mobil and Chevron will need to bulk up their Permian Basin spending to meet their growth goals, triggering more consolidation and higher costs for oilfield services, according to a new report …

June 21, 2018 - 11:09 am Closing Bell Story‎, Energy News
Warburg Pincus Invests $138 Million in Canadian E&P

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 …

Courtesy of Cheniere

Cheniere’s LNG Express Moves Forward with FID for Train 3 at Corpus

Cheniere Energy, Inc. (ticker: LNG) made a positive final investment decision, clearing the way for its Train 3 project at Corpus Christi to reach the goal line. Cheniere said it plans to issue a full notice for Bechtel Oil, Gas …

Iran’s Short-Lived Oil and Gas Boom

Iran’s Short-Lived Oil and Gas Boom

Iran’s energy sector will feel the repercussions of renewed sanctions

Iran has the world’s fourth-largest proved crude oil reserves and the world’s second-largest natural gas reserves, but production in the country has been suppressed by international sanctions and underinvestment.

Iran’s Short-Lived Oil and Gas Boom

Although …

Private Equity: Delivering Capital Upstream

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 …

EIG’s FS Energy and Power Fund – at $4.3 Billion – is Largest Energy BDC

EIG’s FS Energy and Power Fund – at $4.3 Billion – is Largest Energy BDC

FS Investments (FS) and EIG Global Energy Partners (EIG) closed a transaction today, allowing EIG to manage FS Energy and Power Fund (FSEP). According to the company’s press release, FSEP will be the largest energy-focused business development company (BDC) in …

Tellurian Keeps Sailing

Tellurian Keeps Sailing

Tellurian Inc. (ticker: TELL) wrapped up its first year as a public company, ending 2017 with $128.3 million of cash and cash equivalents. The company remains debt free, but reported a net loss of $231.5 million, or $(1.23) per share …

GeoPark Produced 10.2 MMBOE in 2017, Receives Reserve Report

GeoPark Produced 10.2 MMBOE in 2017, Receives Reserve Report

‘For every barrel produced, we replaced it with almost three proven barrels’ – GeoPark CEO James Park

EnerCom Dallas presenter GeoPark Limited (ticker: GPRK) recently received an independent appraisal of reserves covering 100% of the company’s assets in Colombia, Chile, …

Crescent Point Energy Looks to Exit 2018 with 195,000 BOEPD

Crescent Point Energy Looks to Exit 2018 with 195,000 BOEPD

Uinta HZ inventory climbs to 850 net locations

Crescent Point Energy Corp. (ticker: CPG) expects to generate annual average production of 183,500 BOEPD and exit production of 195,000 BOEPD in 2018. The increase will be fueled from its $1.8 billion …

Canada Looks to Attract More Chinese Investment by Relaxing Rules

Canada Looks to Attract More Chinese Investment by Relaxing Rules

Canada hopes to attract greater foreign investment with lower political risk and a skilled workforce

Canadian Finance Minister Bill Morneau said that the country is considering relaxing rules on foreign investment in order to attract more capital and spur growth. …

Source: WPX

Rice Energy Closes $500 Million Funding Deal with EIG Global Energy Partners

Rice Energy (ticker: RICE; RiceEnergy.com) has closed a financing agreement with EIG Global Energy Partners (“EIG”; www.EIGpartners.com).

EIG has agreed to a $500 million equity investment with Rice:  $375 million upfront in exchange for preferred equity and common …

Exploration and Production: Which Companies Shall Investors Not Worry About?

Exploration and Production: Which Companies Shall Investors Not Worry About?

Pool of companies in Moody’s lowest credit rating grows; but risk of bankruptcy is minimal for a few standouts

Continued pressure from low oil prices has prompted Moody’s Investor Service to put 264 companies in its lowest credit rating, just …

Stephens: Invest in OilService Development, Not a Recovery

Stephens: Invest in OilService Development, Not a Recovery

Buy low, sell high is perhaps the most commonly (and overly) used phrase when it comes to investing. Now that commodity prices are near the floor (depending on who you ask), investors are cherry picking stocks in hopes of capitalizing …

Alberta Drops 22 Places in Study of Attractive Places to Invest

Alberta Drops 22 Places in Study of Attractive Places to Invest

Alberta falls to 38th from 16th in just one year

Alberta is becoming a less attractive target for oil and gas investment, according to an annual study conducted by the Fraser Institute. The survey of petroleum executives, …

December 1, 2015 - 5:38 pm Canada, Closing Bell Story‎, Oil and Gas 360 Articles
Source: theiet.org

Iran Seeks Partners for 45 Oil & Gas Projects

Chairman of Iran’s oil contracts restricting committee Mehdi Hosseini said that Iran has selected 45 oil and gas projects to show international companies at a conference that will be in London in December 14-16. Hosseini said that Iran would present …

Oil Prices Recover 2.2%, but Hold Near Multi-Month Lows

Oil Prices Recover 2.2%, but Hold Near Multi-Month Lows

Weaker dollar helps oil prices find $46

West Texas Intermediate prices gained 2.2%, or $1, Tuesday after loses Monday, rising to $46.17 per barrel on the New York Mercantile Exchange. The recovery was boosted by a weaker dollar, making oil …

Source: Rosneft

Rosneft to Invest $14 Billion in Venezuela’s Oil and Gas Sector

Investment is expected to double current production

Venezuelan President Nicolas Maduro said that Russia’s top oil producer, Rosneft (ticker: RNFTF), agreed to invest around $14 billion in the South American OPEC country’s oil and gas sector. Maduro met with Rosneft …

May 29, 2015 - 6:59 pm International, Oil and Gas 360 Articles

EnerCom's The Oil & Gas Conference® 18 Promotional Video

 

Over 100 presenting companies with operations spanning 40 countries.

More than 2,000 investment professionals in attendance.

Big Names. Big Conference. Get in Here!

EnerCom has set the dates for The Oil & Gas Conference® 18 (www.theoilandgasconference.com). This Conference will …

March 14, 2013 - 9:19 pm Oil and Gas 360 Articles