World Oil (Bloomberg) – U.S. shale may lose as much as 20% of its activity over the next year if energy prices hold at current levels, according to one of the biggest private equity players in the industry. Crude would need to rise by about 15% to $80 a bbl, and gas would have to climb by more
World Oil (Bloomberg) — Quantum Energy Partners, one of the largest private-equity players in U.S. shale, is reloading its leadership ranks following the step back of a senior partner earlier this year. Charles Baillie, a nearly 30-year veteran at Goldman Sachs Group Inc., and Quantum Managing Partner Ajay Khurana have been named co-presidents of the Houston-based firm, Chief Executive Officer
Partnership with Native Son Holdings set to build refinery in North Dakota Quantum Energy (ticker: QEGY) and Native Son Holdings announced that they plan to form a joint venture in order to construct and operate a 40,000 barrel per day (BOPD) refinery in Berthold, North Dakota. According to a press release from the companies, the JV will be known as
