Private Producers Find Dry Powder to Reload

An E&P consolidation trend took out many of the biggest private producers inside of two years, but banks, private equity and other lenders are ready to fund a new crop of self-starters in oil and gas.  

One Equity Partners to Acquire Gas Turbine Services Company EthosEnergy

One Equity Partners will buy EthosEnergy, which provides services to power generation and industrial customers operating industrial gas turbines.

Energy Producer Maverick's Owner Explores Sale Valuing It at $3B, Sources Say

Owned by energy-focused investment firm EIG, Maverick Natural Resources is working with investment bankers at Jefferies on the sale process.

EQV Ventures Raises $350MM in IPO for E&P, Midstream M&A

EQV Ventures reported “there is approximately $75 billion of private upstream assets held by aging private-equity funds that may require liquidity over the next five years.”

Silver Hill Closes Fourth Oil, Gas Fund with $1.13B in Commitments

Silver Hill’s portfolio consists of operations across 55,000 net acres in East Texas and North Louisiana and 86,000 net acres in North Dakota.

PE Firm KKR Becomes Majority Owner in Solar Developer Avantus

KKR, alongside Sumitomo Mitsui Banking Corp., also arranged a $522 million development facility for Avantus.

Investing ‘Generationally’: The Family Office View of Oil and Gas

Key family offices, whose wealth developed from other industries, are filling in oil and gas investment gaps left by the flight of endowment and institutional capital from the space.

US Silica Investors OK Apollo’s $1.85B Take-private Deal

U.S. Silica stockholders approved a $1.85 billion all-cash deal with Apollo Global Management, a transaction that will take publicly traded proppant services provider private.

It’s All Relative: Family Oil Companies Attract Huge M&A Attention

What role do firms controlled by descendants of the original Permian Basin wildcatters play in a sector increasingly dominated by scale?

Asset-backed Securitization Emerges as Growing Finance Opportunity

A relatively new type of financing has emerged for E&Ps—PDP asset-based securitization.