Finance - Equity
The new $4 billion fund will be used by Carlyle to buy companies in the energy supply chain outside of North America, the Financial Times reported.
Black Bay Energy Capital is a private-equity firm investing in the North American oilfield service sector focused on investments of up to $30 million.
The company announced on July 11 that it has already raised $1.5 billion for the Global Energy and Power Infrastructure Fund III.
Alaska Gasline Development Corp. (AGDC) is preparing an equity offering for this summer and is open to partnering with a major energy firm on the development of its costly Alaska LNG export terminal and pipeline project, an executive said on June 28.
Rather than capital discipline, private equity is targeting growth, according to panelists at the Energy Capital Conference.
Pure Acquisition, led by Jack D. Hightower, is the latest blank-check company to emerge with an industry veteran at its helm.
Drillcore is led by Evan Turner, who is formerly director and head of energy at StormHarbour Partners and a founding member of CohnReznick Capital’s oil and gas group.
The founder and former top executive of several E&Ps including Chesapeake, SandRidge and Tapstone will partner with Bayou City Energy to hunt for acquisitions in Oklahoma and Kansas.
Northern Oil and Gas Inc. (AMEX: NOG) has commenced an underwritten public offering of $105 million of shares of its common stock, par value $0.001 per share.
Centennial Resource Development Inc. (NASDAQ: CDEV) has priced an underwritten public offering of an aggregate of 25 million shares of Class A common stock.
Now is a good time to jump in, say experts at Duff & Phelps conference—just be careful.
Ring said it intends to use proceeds from the offering to fund its 2018 capex, the majority of which will be allocated to the company's Central Basin Platform asset in the Permian.