Barrell Energy Raises Funds to Deepen Smackover Footprint
Barrell Energy said it plans to increase its portfolio company Barrell Lithium’s leasehold to approximately 40,000 acres within the Smackover play.
PE Firm Andros Capital Partners Closes $1 Billion Energy Fund
Andros Capital Partners maintains a flexible investment mandate, allowing the firm to invest opportunistically across the capital structure in both public and private equity or debt securities.
NGP Backs Wing Resources with $100MM to Buy Permian Mineral Interests
Wing Resources VIII, which is backed by NGP Royalty Partners III, will focus on acquiring “high-quality” mineral and royalty interests across the Permian Basin, the company said.
Double Eagle Team Re-Ups in Permian, Backed by EnCap’s $2.5B
The fifth iterations of Double Eagle Energy and its minerals subsidiary, Tumbleweed Royalty, have received a $2.5 billion equity commitment from EnCap Investments LP—the day the E&P finalized a $4.1 billion sale to Diamondback Energy.
Kissler: Gas Producers Should Still Hedge on Price
Recent price jumps and rising demand don’t negate the need to protect against future drops.
Japan’s JAPEX Backs Former TreadStone Execs’ New E&P Peoria
Japanese firm JAPEX U.S. Corp. made an equity investment in Peoria Resources, led by former executives from TreadStone Energy Partners.
Canadian Government to Fund Portion of Cedar LNG’s $5.96B Development Cost
The Government of Canada has pledged to contribute up to $200 million to help the Haisla Nation and Pembina Pipeline Corp. develop the $5.96 billion Cedar LNG Project
More Players, More Dry Powder—So Where are the Deals?
Bankers are back and ready to invest in the oil and gas space, but assets for sale remain few and far between, lenders say.
Golar LNG Signs $1.2B FLNG Gimi Debt Facility with Chinese Consortium
Golar has agreed to a $1.2 billion sale leaseback facility with a consortium of Chinese leasing companies for the refinancing of its existing FLNG Gimi debt facility.
US' EXIM Bank OKs $4.7B Loan for TotalEnergies Mozambique LNG Project
TotalEnergies’ Southern African LNG project had been delayed after unrest in Mozambique.