Balidor Oil & Gas LLC has received a $150 million equity commitment from Kayne Anderson Energy Funds and members of the Balidor management team. Balidor is a Houston, Texas-based independent oil and gas company formed to target the acquisition and development of oil and natural gas assets in North America.
The Balidor management team is led by Dave Baker, CEO; Brian Dorr, COO; and Steve Liles, vice president. Prior to forming Balidor, Baker and Dorr served as senior executives at Breitburn Energy, where Baker served as senior vice president of operations, and Dorr served as vice president of operations. Liles joins the team from his prior role as executive vice president and COO for BETA Offshore.