Gastar Exploration Inc. has a new financial partner in Ares Management LP, announcing last week that the investment firm has agreed to provide $425 million to help refinance its balance sheet and provide the liquidity the company needs to continue de-risking its Midcontinent assets.
Ares
Articles from Ares
Clayton Williams Stock Tumbles on News of Stock Warrants
Looking to hold onto its acreage and maintain liquidity as it waits out a depressed commodity market, Clayton Williams Energy Inc. announced this week that it has reached a credit agreement with lender Ares Management LP.
March 11, 2016
WPX Sells Van Hook Gathering System for $185M
WPX Energy Inc., which has been retooling its onshore portfolio for the past two years, on Monday agreed to take $185 million for a North Dakota system in the Van Hook peninsula area that gathers natural gas, oil and water.
August 31, 2015
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