New Companies

Quantum Energy Partners Announces the Formation of Vitruvian Exploration IV and the acquisition of ~120,000 net acres in the Eagle Ford Shale

HOUSTON, TX–(Marketwired – August 24, 2017) – Quantum Energy Partners, a leading energy private equity firm, is pleased to announce the formation of Vitruvian Exploration IV with industry veterans Richard Lane, John Thaeler and Brian Rickmers. Supported by a $450 million equity commitment from Quantum, Vitruvian IV is actively building a portfolio of high quality, emerging and undeveloped oil and gas assets in North American unconventional resource plays. Vitruvian IV is the

Silverback Exploration II, LLC Forms With $500 Million Equity Commitment From Encap Investments L.P.

Silverback Exploration II, LLC (“Silverback II”), an independent oil and gas exploration company based in San Antonio, announced today that it has secured an initial equity commitment of $500 million from EnCap Investments L.P. (“EnCap”). Silverback II was formed by the same team that successfully led its predecessor company, Silverback Exploration, LLC (“Silverback I”), which was also backed by EnCap. Silverback I developed a significant position in the heart of the Delaware Basin,

Quantum Energy Partners Announces the Formation of Middle Fork Energy Partners, LLC

Quantum Energy Partners (“Quantum”), a leading energy private equity firm, is pleased to announce the formation of Middle Fork Energy Partners, LLC (“Middle Fork” or the “Company”) with its founders Christopher L. Valdez (“Valdez”) and Jeffrey E. Wojahn (“Wojahn”, and together with Valdez, the “Founders”).  Quantum and members of the Middle Fork management team have collectively made initial capital commitments in excess of $200 million to the Company. Middle Fork,

Post Oak Energy Capital Leads $200 Million Capital Commitment to Moriah Henry Partners LLC

Post Oak Energy Capital, LP (“Post Oak”), through investment partnerships it manages, today announced that it led a $200 million equity commitment to Moriah Henry Partners LLC (the “Company”). Henry Energy LP (“Henry”) and Moriah Energy Investments, LLC (“Moriah”) will co-invest alongside Post Oak. Moriah Henry Partners LLC is a Midland-based exploration and production company focused on the acquisition and development of oil and gas properties in the Midland Basin

Lucas Energy, Inc. Announces Name Change To Camber Energy, Inc. And Commencement Of Trading Under Symbol "CEI"

Lucas Energy, Inc. (NYSE MKT: LEI) (“Lucas”) today announced that it will change its name to Camber Energy, Inc., effective January 5, 2017, to more accurately reflect the Company’s strategic shift from its Austin Chalk and Eagleford roots to an expanding addition of shallow oil and gas reserves with longer-lived, lower-risk production profiles.  The Company’s ticker symbol will be changed to “CEI” under which it will begin trading on the

KLR Energy Acquisition Corp. and Tema Oil and Gas Company to Combine to form Rosehill Resources, a Pure-Play Delaware Basin Company

KLR Energy Acquisition Corp. (“KLR Energy”) (NASDAQ: KLRE, KLREU, KLREW), an oil and gas exploration and production focused special purpose acquisition entity, today announced that it has entered into a Business Combination Agreement with Tema Oil and Gas Company (“Tema”), a private company with assets in the core of the Delaware Basin in Loving County, Texas. The transaction was unanimously approved by the respective boards of directors of the companies

Blackstone Energy Partners and Jetta Form Pure Play Delaware Basin Acquisition Partnership – Jetta Permian, LP

Blackstone (NYSE:BX) today announced the formation of Jetta Permian, LP (“Jetta Permian”), a partnership between an affiliate of Jetta Operating Company, Inc. (“Jetta”) headquartered in Fort Worth, Texas and funds managed by Blackstone Energy Partners L.P. (“Blackstone”). Jetta Permian will target assets and leasehold in the Delaware Basin located in West Texas and southern New Mexico with $1.0 billion of capital committed from Blackstone and Jetta’s partners. A commitment of

Guidon Energy and Blackstone Energy Partners Announce a New Permian Basin Platform and First Asset Acquisition

Guidon Energy (“Guidon”), an oil and gas partnership headquartered in Dallas, Texas, and Blackstone Energy Partners, an affiliate of Blackstone (NYSE:BX), announce their recently formed platform company in the Midland Basin and purchase in April of this year of approximately 22,000 gross acres (16,000 net acres) in the core of Martin County, Texas. Blackstone Energy Partners and funds affiliated with Blackstone, a leading global, alternative investment manager and energy investor,

NORTHCOTE ENERGY LIMITED - Letter of Intent Signed with Mexican National Oil Co.

Northcote Energy Limited is pleased to announce its 51% owned subsidiary Mayan Drilling Fluids SAPI de CV (‘MDF’), has signed a Letter of Intent (‘LOI’) with PEMEX, Mexico’s national oil company, to provide a range of waste remediation services, including the recycling of oil cuttings generated by activity on oil fields operated by PEMEX at MDF’s facility in Comalcalco, Mexico (‘the Facility’).  The LOI is in line with Northcote’s strategy