Axia Energy II closes private equity financing commitment

Axia Energy II LLC has closed its private equity financing commitment with $200 million of funding commitments principally from NGP Natural Resources XI, Old Ironsides Energy, and management.

The founders of the company are Adam C. Sayers, Daniel G. Blanchard, Thomas W. Dyk, and Douglas R. Harris. This is the fourth company the founders have started, having worked together for the last 11 years.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...