KKR invests with Star Energy management to launch Trans European Oil & Gas

KKR, a global investment firm, is backing Roland Wessel, Colin Judd, and Melvyn Horgan, founders and former management team of Star Energy, to launch Trans European Oil & Gas Ltd.

Trans European Oil & Gas intends to build a portfolio of conventional onshore oil and gas properties in proven hydrocarbon plays in Europe, and apply its experience in enhanced oil recovery (EOR) techniques to optimize production.

The investment in Trans European Oil & Gas will be made primarily by the KKR European Fund IV.

Established in 1999, Star Energy made several acquisitions of producing assets and applied EOR techniques. Star Energy grew to encompass 25 producing oil and gas fields and a commissioned 10 bcf gas storage facility. Star Energy listed on AIM in 2004 and was acquired by Petronas in 2008.

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 ...