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LOGOS Resources Gets Millions In Equity From ArcLight Capital Partners

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January 30, 2014

LOGOS Resources LLC, an oil and gas E&P company formed in Jan. 2012 through a partnership with private-equity firm ArcLight Capital Partners LLC and Consolidated Asset Management Services, noted on Jan. 30 an upsized capital commitment to $100 million from ArcLight. LOGOS will use the equity commitment to develop the core of its acreage in the San Juan Basin's Gallup project, the company added.

Additional capital will be used to possibly buy more acreage, the company said. The Gallup project will use horizontal and vertical drilling, the company added.   ...


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