•  
  •  
  •  
  •  
  •  
  • Untitled Document
    Untitled Document

    First Reserve forms partnership with Zhenghe

    First Reserve

    First Reserve, a large global private equity firm exclusively focused on energy, reports that First Reserve Fund XIII has entered into a strategic cooperation with Hainan Zhenghe Industrial Group Co. Ltd. The parties plan to pursue oil and gas investment opportunities in China and Central Asia. 

    In addition, Zhenghe will act as a potential source of capital in support of First Reserve's participation in North American oil and gas upstream projects and will invest as a limited partner in First Reserve Fund XIII. Zhenghe is a publicly listed company in China and is focused on oil and gas exploration and production operations. Financial terms of the agreement were not disclosed. 

    The two organizations will advise and support each other on upstream transaction strategies and financing, and will share research on upstream projects. 

     

     

     

     

    Related Articles

    REISA changes name to ADISA

    09/15/2014

    REISA, a trade association serving the alternative investment and securities industry, will change its name to the Alternative and Direct Investment Securities Association (ADISA).

    Miller makes management changes, looks to acquire Alaskan assets

    09/15/2014 Miller Energy Resources Inc. has made changes to its senior leadership team as part of a corporate shift that will include the potential MLP-monetization of its midstream assets. Additionally, the ...

    Black Ridge increases senior secured credit facility borrowing base

    09/12/2014 Black Ridge Oil & Gas Inc. has reported an increase to the Cadence Bank NA senior secured credit facility borrowing base to $35 million, a 75% increase from the previous borrowing base of $20 m...

    Sea Trucks secures $130M facility to finance completion of Jascon 18

    09/11/2014 Sea Trucks Group Ltd., an international oil and gas marine contractor, has secured a $130 million facility to finance the completion of its Jascon 18 multipurpose construction support vessel.

    Vanguard prices public offering of Series C preferred units

    09/11/2014

    Vanguard Natural Resources LLC has priced its public offering of 4,000,000 of its 7.75% Series C cumulative redeemable perpetual preferred units at a price of $25 per unit.

    More Oil & Gas Financial Articles

    REISA changes name to ADISA

    Mon, Sep 15, 2014

    REISA, a trade association serving the alternative investment and securities industry, will change its name to the Alternative and Direct Investment Securities Association (ADISA).

    Miller makes management changes, looks to acquire Alaskan assets

    Mon, Sep 15, 2014

    Miller Energy Resources Inc. has made changes to its senior leadership team as part of a corporate shift that will include the potential MLP-monetization of its midstream assets. Additionally, the company has signed a non-binding letter of intent to purchase substantially all the operating assets of Buccaneer Energy in Alaska.

    Black Ridge increases senior secured credit facility borrowing base

    Fri, Sep 12, 2014

    Black Ridge Oil & Gas Inc. has reported an increase to the Cadence Bank NA senior secured credit facility borrowing base to $35 million, a 75% increase from the previous borrowing base of $20 million.   

    Sea Trucks secures $130M facility to finance completion of Jascon 18

    Thu, Sep 11, 2014

    Sea Trucks Group Ltd., an international oil and gas marine contractor, has secured a $130 million facility to finance the completion of its Jascon 18 multipurpose construction support vessel.

    Vanguard prices public offering of Series C preferred units

    Thu, Sep 11, 2014

    Vanguard Natural Resources LLC has priced its public offering of 4,000,000 of its 7.75% Series C cumulative redeemable perpetual preferred units at a price of $25 per unit.

    Most Popular

    Oil & Gas Jobs

    Search More Job Listings >>
    Subscribe to OGFJ