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Private Equity Player KKR Goes Long On Natural Gas

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Richard Mason
November 28, 2011

The U.S. onshore deal market took a curious turn November 25th when Kohlberg Kravis Roberts & Co. L.P. knocked down the pillars of Tulsa-based Samson Investment Co. in a $7.2-billion leveraged buyout, the second largest private-equity transaction globally in 2011 (after Blackstone's takeout of Australian retail giant Centro in March).

The transaction, which is expected to close by year end, is the latest--but certainly not the last--in a rapidly heating fourth-quarter 2011 oil and gas market that shows ample promise of the same aggressive end-of-year deal flurry that capped a ...


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