Home | Contact UsInvestment Banking Across the Energy Spectrum
News & Events | Careers
    Resize Text   Email  Print
You are here:  

Optilan Group Limited

4/2017 : Optilan Group Limited, a portfolio company of NVM Private Equity, has been acquired by Blue Water Energy LLP.

Trail Ridge and the Other Sellers

3/2017 : On March 20, 2017, Trail Ridge Energy Partners II LLC and other private sellers ("Trail Ridge and the Other Sellers") closed on the sale of their interests in certain oil and gas leasehold and producing wells in the core of the Midland Basin. The assets were acquired by Lario Oil & Gas.

ProPetro Holding Corp.

3/2017 : ProPetro Holding Corp. priced its initial public offering of 25,000,000 shares of its common stock at $14.00 per share, of which 13,250,000 shares are to be sold by the Company and 11,750,000 shares are to be sold by the selling stockholders named in the registration statement on Form S-1 filed previously with the U.S. Securities and Exchange Commission (SEC).

Permian Basin Sand Company, LLC

3/2017 : Permian Basin Sand Company, LLC ("Permian Basin Sand") has been acquired by Hi-Crush Partners, LP ("Hi-Crush") (NYSE:HCLP) for $275 million.

GlobeLTR

2/2017 : On February 24, 2017, GlobeLTR (or the "Company") announced that it had successfully completed its private placement of 9,800,000 shares of Class A-1 common stock for a total consideration of $115 million. The Common Stock was offered and sold to "qualified institutional buyers" in the United States pursuant to Rule 144A under the Securities Act of 1933. GlobeLTR intends to use the proceeds from the offering to repay and retire a portion of its outstanding indebtedness and for general corporate purposes, as well as acquisitions.

Parsley Energy

2/2017 : On February 8, 2017, Parsley Energy (NYSE: PE) ("Parsley" or the "Company") announced that it had successfully priced its follow-on public offering of 41.4 million common shares (excluding greenshoe). Parsley intends to use the net proceeds from this offering primarily to fund the announced acquisition of Double Eagle.

Settoon Towing, LLC

2/2017 : On February 7, 2017, Settoon Towing, LLC ("Settoon") announced that it had signed a definitive agreement to sell its Liquid Bulk Division, consisting primarily of 35 towboats and 63 liquid tank barges with total capacity of nearly 2 million barrels, to Savage Inland Marine, LLC ("Savage"). Settoon will retain and continue to operate its legacy Gathering & Storage and Logistics & Vessel Management business lines.

Quinn Artificial Lift Services

2/2017 : Quinn Artificial Lift Services ("Quinn ALS") has received an investment from Pelican Energy Partners, a private equity firm focused on the oilfield services and equipment sector.

Civeo Corp

2/2017 : On February 1, 2017, Civeo Corp ("Civeo" or the "Company") announced the pricing of an underwritten public offering of 20,000,000 shares of its common stock at $3.00 per unit. The offering comprised of 100% primary shares being offered by the Company, and reached a total deal size of $60,000,000. The Company intends to use the net proceeds to repay amounts outstanding under its revolving credit facilities and for general corporate purposes. The common stock trades on the NYSE under the ticker "CVEO".

Smart Sand, Inc.

2/2017 : On February 1, 2017, Smart Sand, Inc. ("Smart Sand" or the "Company") announced the pricing of an underwritten public offering of 5,950,000 shares of its common stock at $17.50 per unit. The offering comprised of 25% primary shares being offered by the company, and reached a total deal size of $104,125,000. The Company intends to use the net proceeds for future capital projects and general corporate purposes. The common stock trades on the NASDAQ Exchange under the ticker "SND".

Concho Resources Inc. and Frontier Midstream Solutions, LLC

1/2017 : On January 24, 2017, Concho Resources Inc. (NYSE:CXO) ("Concho") and Frontier Midstream Solutions, LLC ("Frontier") announced that they had entered into separate agreements to sell 100% of their respective ownership interests of Alpha Holding Company, LLC, the owner of the Alpha Crude Connector system ("ACC"), to Plains All American Pipeline, L.P. (NYSE:PAA) ("Plains") for a combined total of $1.215 billion of cash.

Global Heat Transfer

1/2017 : Global Heat Transfer ("GHT") has received an investment from Pelican Energy Partners.

Keane Group Holdings, LLC

1/2017 : On January 19, 2017, Keane Group Holdings, LLC. ("Keane Group" or the "Company") priced its initial public offering of 26,760,000 common shares at $19.00 per share, the high end of the pricing range of $17.00 - $19.00.

Viper Energy Partners LP

1/2017 : On January 18, 2017, Viper Energy Partners LP (NASDAQ: VNOM) (''Viper''), a subsidiary of Diamondback Energy, Inc. announced that Viper had commenced an underwritten public offering of 7,000,000 common units, subsequently upsized to 8,500,000 units, representing limited partner interests, at a public offering price of $15.50 per unit.

Atwood Oceanics, Inc.

1/2017 : Atwood Oceanics, Inc. has priced its follow-on public offering.


NEWS ARCHIVE
EVENTS ARCHIVE