Finance - Equity
Lotus Midstream is a crude oil logistics provider focused on the organic development of midstream infrastructure and services in the Permian Basin and Midcontinent regions.
The Hart Energy video team brings a closer look from the exhibit floor at the 2018 NAPE Summit, which drew more than 12,000 attendees this year to downtown Houston.
The investment, which is the New York-based firm’s first since closing Blue Wolf Capital Fund IV LP at its hard cap of $540 million in September 2017, is expected to facilitate rapid expansion at Petrosmith.
Double Eagle’s substantial equity commitments from Apollo Global Management will support the company’s ongoing acquisition and development initiatives in the Permian Basin.
Ridge Runner is a newly-formed E&P focused on the Delaware Basin. The company is led by CEO Scott Germann, an Exxon-trained geologist with more than 20 years of experience in the Permian.
The Houston-based company, which provides drilling and well completion services, plans to sell around 9.3 million shares at between $12 and $15 per share in coming days.
Part II of our outlook for oil and gas in 2018 features five experts discussing industry trends and challenges for the year ahead.
Jones Energy Inc. (NYSE: JONE) said on Dec. 29 it received notification from the New York Stock Exchange (NYSE) that the company was noncompliant with certain continued listing standards.
Part I of our outlook for oil and gas in 2018 features five experts discussing industry surprises in 2017 and investing opportunities for the new year.
Emera Inc. said on Dec. 27 it completed its bought deal offering of roughly 14.6 million common shares at $47.90 per common share for aggregate gross proceeds of approximately $700 million.
Winright also closed its first asset purchase in the Anadarko Basin, which includes more than 13,000 net acres and about 14 MMcf/d of net gas production.
Fort Worth-based Pegasus Resources LLC has received a $300 million equity commitment from EnCap Investments LP, the company said on Dec. 11.