EnergyQuest Resources LP has been
formed with cash and oil properties from
Wayne Greenwalt, Jerry Crews and Jory
Pacht and $25 million in cash from
Quantum Energy Partners, Houston.
EnergyQuest aims to acquire and exploit
primarily along the Texas and Louisiana
coasts, primarily targeting assets in the
$500,000 to $20-million range that contain
existing production with upside recompletion
potential or development-drilling
opportunities.
The management is formerly of Energy
Partners Ltd. (NYSE: EPL), Texoil Inc.,
Aroc Inc. (Pink Sheets: AROI) and Seis-
Strat Services Inc. EnergyQuest can be
contacted at 281-875-6200.
Recommended Reading
Quantum’s VanLoh: New ‘Wave’ of Private Equity Investment Unlikely
2024-10-10 - Private equity titan Wil VanLoh, founder of Quantum Capital Group, shares his perspective on the dearth of oil and gas exploration, family office and private equity funding limitations and where M&A is headed next.
After BKV’s IPO, Is Market Open to More Public SMID Caps?
2024-10-03 - The market for new E&P and energy IPOs has been tepid since the COVID-19 pandemic. But investor appetite is growing for new small- and mid-sized energy IPOs, says Citigroup Managing Director Dylan Tornay.
Sheffield: E&Ps’ Capital Starvation Not All Bad, But M&A Needs Work
2024-10-04 - Bryan Sheffield, managing partner of Formentera Partners and founder of Parsley Energy, discussed E&P capital, M&A barriers and how longer laterals could spur a “growth mode” at Hart Energy’s Energy Capital Conference.
Private Producers Find Dry Powder to Reload
2024-09-04 - 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.