CIC Partners invests in Activa Resources

San Antonio, TX-based Activa Resources LLC has received a majority investment from CIC Partners, a Dallas-based private equity firm. Activa is an independent oil and gas company focused on acquiring legacy oil and gas fields and applying new technology to optimize development. The company’s current properties include a portfolio of onshore oil and gas assets in East Texas, South Texas, and Arkansas.

As part of the transaction, Marshall Payne (partner at CIC), Chris Cowan (CIC operating partner), and Bayard Friedman (CIC vice president) will join the company’s board along with John Hayes.  Leigh A. Hooper will also serve on the board to represent Activa Resources AG.

Activa Resources owns a portfolio of drilling rights to oil and natural gas projects. The company commenced production of oil and natural gas in 2005. 

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

Whitepapers

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 ...