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  1. CCI pays $1B for certain East Texas assets from Anadarko Petroleum

    Castleton Commodities International LLC (CCI) has acquired the Carthage upstream and midstream assets in East Texas from subsidiaries of Anadarko Petroleum Corp. for over $1 billion. Pro forma for the Carthage acquisition, CCI will own over 160,000 net acres of leasehold in East Texas. As of the effective date, daily net production to CCI in East Texas increased to over 320 MMcfe/d. Craig Jarchow, President of CCI Oil and Gas, said, "The company is well-positioned to enhance the value of these acquired assets through further development of the Haynesville shale, amongst other operational activities." JPMorgan Chase Bank NA acted as Lead Arranger and Lead Bookrunner in connection with the reserve based lending facility for this transaction. ABN AMRO Capital USA LLC, Wells Fargo Securities, LLC, Société Générale, and Bank of America Merrill Lynch acted as Joint Lead Arrangers and Joint Bookrunners.  Funds managed by HPS Investment Partners made an unsecured mezzanine debt investment in the transaction. Société Générale acted as Financial Advisor to CCI for this transaction. Vinson & Elkins LLP and Bracewell LLP served as legal advisors to CCI in the transaction. CCI is a global commodities merchant with an integrated set of operations consisting of physical and financial commodities trading and the ownership, operation, and development of commodities- related upstream and infrastructure assets. The Company markets a broad range of physical commodities including natural gas, natural gas liquids, refined products, crude oil, fuel oil, freight, petrochemicals, electric power, coal, metals and financial instruments related to commodities. CCI is headquartered in Stamford, Connecticut with offices in Calgary, Canada; Geneva, Switzerland; Houston, Texas; London, United Kingdom; Shanghai, China; Singapore; and Montevideo, Uruguay.

    Online Articles

    Online Articles

    Fri, 18 Nov 2016

  2. Ullico provides $50 million in financing to Eagle Creek Renewable Energy for hydropower

    Labor-owned insurance and investment company Ullico Inc. has closed $50 million in financing for the Eagle Creek Renewable Energy hydropower portfolio.

    Online Articles

    Online Articles

    Tue, 11 Oct 2016

  3. Halcon Resources exits Tuscaloosa Marine Shale by moving position to partner

    Certain wholly-owned subsidiaries of Halcón Resources executed an agreement with an affiliate of Apollo Global Management pursuant to which the sellers assigned to the buyer 100% of the common shares of HK TMS LLC.

    Online Articles

    Online Articles

    Thu, 6 Oct 2016

  4. Freeport LNG closes financing to construct third NG liquefaction train

    Freeport LNG Expansion LP’s subsidiary, FLNG Liquefaction 3 LLC, has closed on senior and mezzanine debt financing commitments of $4.56 billion in capital required for the construction of the third train of Freeport LNG's natural gas liquefaction and LNG loading facility on Quintana Island near ...

    Online Articles

    Online Articles

    Wed, 29 Apr 2015

  1. Osbit supplies well intervention package for Helix vessel

    Online Articles

    Online Articles

    Tue, 2 Aug 2016

  2. Southcross Holdings secures $210M commitment

    Southcross Holdings LP reports the completion of a $210 million preferred equity commitment from Energy Capital Partners Mezzanine Opportunities Fund and GE Energy Financial Services.

    Online Articles

    Online Articles

    Fri, 7 Nov 2014

  3. Furie receives $160M commitment from Energy Capital Partners

    Furie Operating Alaska LLC, an independent oil and gas company, reports the completion of a $160 million investment commitment from Energy Capital Partners Mezzanine Opportunities Fund.

    Online Articles

    Online Articles

    Mon, 21 Jul 2014

  4. Hilcorp and Carlyle partner to acquire oil and gas properties

    Hilcorp Energy Co., a privately owned oil and gas exploration and development company, has established a newly formed partnership, Hilcorp Energy Development, LP, which seeks to acquire, operate, and develop onshore oil and natural gas properties and related assets in North America.

    Online Articles

    Online Articles

    Mon, 21 Dec 2015

  5. PSA cites air gap inconsistencies in rig damage study

    Petroleum Safety Authority Norway has completed an investigation into the incident late last year when the topsides of the mobile offshore unit COSLInnovator was struck by a wave.

    Online Articles

    Online Articles

    Mon, 11 Apr 2016

  6. Tidewater Subsea charters Brandon Bordelon

    Tidewater Subsea has charted the Jones Act-compliant MV Brandon Bordelon for 60 days plus options.

    Online Articles

    Online Articles

    Fri, 15 Jan 2016

  7. Vinson & Elkins adds Wommack to Finance Practice in Houston

    Vinson & Elkins has added to its Finance Practice Group with partner Trevor Wommack, who focuses his practice on syndicated lending in the energy sector. Wommack, who joins the firm from Bracewell, will be based in V&E’s Houston office.

    Online Articles

    Online Articles

    Tue, 26 Jan 2016

  8. Financing new ventures in oil and gas E&P technology domain - Part-2

    For oil and gas entrepreneurs’ raising capital, in a highly volatile and risk susceptible industry, is one of the toughest challenges. 

    Online Articles

    Online Articles

    Wed, 11 Feb 2015

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