Announced
Financials
Sources
Tags
Single Bidder
Pending
Friendly
oil and gas
Private
Private Equity
Majority
United States
Domestic
Integrated Oil and Gas
Acquisition
Synopsis
Oaktree Capital Management, an American funds manager, agreed to invest $900m in FourPass Energy, an oil and gas operating company. “Having participated in the A&D market over the past seven years, we understand the opportunity set requires a sizable equity commitment as well as flexibility and creativity when structuring transactions. Our partnership with Oaktree fulfills each of these requirements, which will be a key differentiator for us. We have built a strong acquisition and operations team with this opportunity in mind, and we’re proud to have Oaktree partner with us in this endeavor,” Ben Jackson, FourPass Energy CEO.
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