Eclipse Resources founded with $150 million equity commitment
Benjamin W. Hulburt and Christopher K. Hulburt, former senior executive officers of Rex Energy Corp., have formed Eclipse Resources I LP, an independent oil and natural gas company headquartered in State College, Pa., with a $150 million equity commitment from EnCap Investments LP and from Eclipse management.
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XOG LLC secures $50M equity commitmentHouston-based XOG LLC, an independent oil and natural gas company, has received a $50 million equity commitment from Kayne Anderson Energy Funds and management. |
Former KCS Energy executives partner with EnCap to form Force 5 EnergyEnCap Investments LP, certain members of the former senior management team of KCS Energy Corp., and Charlie Prioleau have recently formed Force 5 Energy LLC, to acquire, exploit, and produce oil and gas reserves principally in south and east Texas and northern Louisiana. |
OGFJ100P company update
John S. Herold Inc., the trusted independent research firm, has once again provided OGFJ with updated production data for our periodic ranking of US-based private E&P companies.
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Urals Energy sells non-core Russian assets for $93MUrals Energy Public Co. Ltd., an independent exploration and production company with operations in Russia, reports the sale of certain of its non-core assets in the Komi Republic. The company is in the process of streamlining its portfolio to focus on its major assets in East Siberia. |