Cantera Energy LLC, an investment portfolio company of Kayne Anderson Energy Funds, has closed on the acquisition of certain South Texas assets from EP Energy. The assets consist of over 750 producing wells covering 78,000 net acres located in nine counties in Texas.
Cantera is a private E&P company with headquarters in The Woodlands, Texas. The company was formed in 2012 to focus on the acquisition and development of oil and gas properties with identifiable exploitation and development upside in the South Texas and onshore Gulf Coast regions.
Established in 1998, Kayne Anderson Energy Funds, with offices in Houston and Los Angeles, provides private equity financing primarily for high-growth oil and gas companies across North America. The firm has raised six dedicated energy private equity funds totaling over $4.3 billion in committed capital and invested in more than 80 portfolio companies. Kayne Anderson Energy Funds is a part of Kayne Anderson Capital Advisors LP, an alternative investment management firm that focuses on niche investing in energy and energy infrastructure, real estate, middle market credit, growth equity, and municipal opportunities.