Grizzly Energy LLC
About
Grizzly Energy, formerly Vanguard Natural Resources, is a U.S. onshore energy company. Our primary focus is on operating and investing in high quality, long-lived producing properties predominantly in the Rockies, Permian and Midcontinent.
By coring up around established basins, we can deeply understand our operating environments. This knowledge allows us to continuously identify low risk capital investments and efficiencies in operating costs. Sharing of best practices across our operations and striving to always improve is central to our culture.
Grizzly Energy is committed to creating a stable production portfolio and promoting free cash flow throughout mid-cycle pricing. Active portfolio management remains an area of emphasis for delivering our strategy. Also, core to our culture is Grizzly’s attention to the well-being of our employees, communities and the environment.
The company emerged as Grizzly Energy on July 16, 2019, following the completion of a financial restructuring of its predecessor Vanguard Natural Resources.
Editor's note: Updated July 18, 2019.
Headquarters Address
5847 San Felipe, Suite 3000
Houston, TX 77057
United States
Website
grizzlyenergyllc.comMain Phone Number
Transactions
Marketed: Grizzly Energy Oklahoma Mineral Acreage Package
Marketed: Grizzly Energy Oklahoma Mineral Acreage Package
Marketed: Grizzly Energy Oklahoma, Texas Properties
Marketed: Grizzly Energy Oklahoma, Texas Properties
Marketed: Grizzly Energy Southern Oklahoma Asset Package
Marketed: Grizzly Energy Southern Oklahoma Asset Package
Marketed: Grizzly Energy 92-well Anadarko Basin Package
Marketed: Grizzly Energy 92-well Anadarko Basin Package
Marketed: Grizzly Energy Anadarko Basin Northwest Oklahoma Package
Marketed: Grizzly Energy Anadarko Basin Northwest Oklahoma Package
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New Financings
Vanguard Natural Resources Inc. completed its financial restructuring and emerged from Chapter…
Vanguard Natural Resources Inc. announced that the company has voluntarily filed petitions for…
The first scheduled redetermination of the revolving credit facility borrowing base was scheduled for…
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Instantly unlock over 15 years of A&D transactions and financing data.
News
Marketed: Grizzly Energy Oklahoma Mineral Acreage Package
Grizzly Operating LLC retained EnergyNet for the sale of roughly 5,945 net mineral acres across Oklahoma through an auction closing June 10.
A&D Strategies & Opportunities Roundtable: The View Forward — A&D Veteran Strategies
Volatile times result in unprecedented opportunities for those who can see through the chaos. These industry veteran dealmakers—J.D. Smith, Mark Castiglione and Steve Herod—will discuss their insights and what potential wins they see in today’s market that others might not.
Marketed: Grizzly Energy Oklahoma, Texas Properties
Grizzly Energy retained EnergyNet for the sale of Oklahoma and Texas properties through multiple auctions ending April 22.
Marketed: Grizzly Energy Southern Oklahoma Asset Package
Grizzly Energy retained EnergyNet for the sale of an Oklahoma asset package located in Love and Marshall counties through an auction closing April 8.
Marketed: Grizzly Energy 92-well Anadarko Basin Package
Grizzly Energy retained EnergyNet for the sale of an Anadarko Basin asset package located across Oklahoma's Alfalfa, Dewey, Garfield, Major, Noble and Woodward counties through an auction closing April 1.
Marketed: Grizzly Energy Anadarko Basin Northwest Oklahoma Package
Grizzly Energy retained EnergyNet for the sale of Anadarko Basin assets in northwest Oklahoma through a sealed-bid offering closing March 25.
Marketed: Grizzly Energy Operated Texas Panhandle Package
Grizzly Energy retained EnergyNet for the sale of a package of operated assets in the Texas Panhandle through an auction closing March 18.
Marketed: Grizzly Energy Wind River Basin Producing Property
Grizzly Energy retained PetroDivest Advisors is offering for sale its oil and gas producing properties, leasehold and related assets in the Wind River Basin located in Wyoming.
Veteran Dealmaker Steve Herod Named CEO Of Grizzly Energy
Grizzly Energy, formerly Vanguard Natural Resources, appointed veteran oil and gas dealmaker Steve W. Herod as CEO, effective Feb. 3.
Marketed: Grizzly Energy Anadarko Basin Northwest Texas Package
Grizzly Energy, formerly Vanguard Natural Resources, retained EnergyNet for the sale of a package of Anadarko Northwest Texas assets through a sealed-bid offering closing Nov. 14.
Marketed: Grizzly Energy South Scoop/Stack Package
Grizzly Energy retained EnergyNet for the sale of a package of assets located in the south Scoop/Stack through a sealed-bid offering closing Nov. 7.
Marketed: Grizzly Energy Scoop/Stack, Anadarko Packages
Grizzly Energy, formerly Vanguard Natural Resources, retained EnergyNet for the sale of packages in the Scoop/Stack play and southeast Anadarko Basin area.
Vanguard Emerges From Bankruptcy As Grizzly Energy
Now named Grizzly Energy, the company emerges from bankruptcy with a narrowed focus on the Rockies, Permian and Midcontinent regions plus the elimination of more than $500 million debt.
Vanguard Natural Resources Falls Back Into Bankruptcy
Vanguard Natural Resources filed for Chapter 11 protection on April 1, marking the second time the Houston-based E&P has entered bankruptcy since the 2014 oil crash.
Marketed: Vanguard Natural Resources Oklahoma Properties
Vanguard Natural Resources retained EnergyNet for the sale of Oklahoma oil and gas assets across several counties through a sealed-bid offering.