Last year ended with the worst quarter for upstream equity issuances since 2010 as only two equity deals raised $67.5 million.
King & Spalding on Jan. 29 announced that Alan Noskow has joined as a partner in the firm’s Corporate, Finance and Investments practice group in the Washington, D.C. office.
New Fortress Energy is likely to file for an IPO again on Jan. 24, changing its language and picking a target price for shares, the Wall Street Journal reported citing people familiar with the matter.
Ali Sharifi of Kerogen Capital discusses the burgeoning opportunity to use data to create value in the oil and gas industry. He discusses the key challenges, success stories and the likely path to further adoption.
Heavy losses in 2018 reinforce view that energy investments are unsafe.
Post Oak Energy Capital led a $50 million equity commitment to Prime Downhole Holdings, a Houston-based downhole tools provider formed by CEO Leif Syversenn.
The Dallas-based fund will be liquidated and investor capital will be returned at the end of the year, according to the letter which was reviewed by Reuters.
Flat Creek Resources plans to use its $400 million initial commitment from EnCap Investments to build an attractive asset in the Permian Basin in West Texas and New Mexico.
After making four energy investments in 2014, private-equity firm Warburg Pincus made three in 2015 before recovering to five in both 2016 and 2017.
Energy Spectrum’s Ben Davis maps out the etiquette for both sponsor and management team in navigating the relationship.