Quantum Capital to acquire oil and gas operations from Oaktree-backed Caerus Oil and Gas for $1.8bn.

Quantum Capital, a private equity company, agreed to acquire oil and gas operations from Oaktree-backed Caerus Oil and Gas, a company that invest in conventional oil and gas properties, for $1.8bn. “As an active private energy investor, we recognize the important role of expanding access to clean and reliable energy in key markets across the United States. This transaction represents a unique opportunity for Quantum to invest in substantial natural gas production alongside large, contiguous acreage positions containing sizable hydrocarbon resources with significant value creation potential. We believe that KODA and QB Energy are well positioned to steward the next phase of development and operation of the Assets to serve responsibly natural gas demand centers in the western US while generating attractive returns for our investors," Tom Field, Quantum Partner.