Finance - Equity
A resurgence in upstream A&D activity ultimately depends on when public equity markets quit punishing operators for not yet having shown them the money.
Day’s insights covered the burgeoning LNG business, the growing eastern Eagle Ford, and opportunities in the Gulf of Mexico and Bakken Shale, and how insurance can reduce business risk.
Christopher Abbate, Riverstone Holdings, talks private credit funds and alternative lending.
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.