Exco Resources Inc. is paying Chesapeake Energy Corp. $1 billion for something wet and something dry: about 55,000 acres in the liquids-rich Eagle Ford Shale of Texas and about 9,600 acres in the drier Haynesville Shale in North Louisiana.
Kohlberg
Articles from Kohlberg
For Third Consecutive Year, Comstock Targets Oil in South, West Texas
Comstock Resources Inc. announced Monday that it plans to spend about $420 million on exploration and development activities in 2013, with a drilling program focused on its oil-weighted holdings in South and West Texas — in the Eagle Ford Shale and Wolfbone and Wolfcamp formations in the Permian Basin, respectively.
KKR Boasts $4B for Energy, Infrastructure
Global investment firm Kohlberg Kravis Roberts & Co. LP and affiliates (KKR) said its energy and infrastructure platform now manages $4 billion in non-private equity related assets following its most recent fund closings.
KKR Buys Barnett, Arkoma Properties from WPX
Kohlberg Kravis Roberts & Co. LP (KKR) and affiliates have agreed to pay $306 million to acquire Barnett Shale and Arkoma Basin properties from WPX Energy.
Chesapeake, KKR to Partner in ‘Key’ U.S. Basins
Private equity giant Kohlberg Kravis Roberts & Co. LP (KKR) and Chesapeake Energy Corp. Tuesday said their new partnership will invest in key natural gas and oil basins in the United States.
Quicksilver in Hunt for Horn River Upstream Partner
After securing a natural gas midstream partnership in the Horn River Basin with Kohlberg Kravis Roberts & Co. (KKR), Quicksilver Resources Inc. now is pursuing a partnership to develop its upstream leasehold, executives said Thursday.
Quicksilver, KKR to Build Horn River Midstream Services
Quicksilver Resources Inc. and Kohlberg Kravis Roberts & Co. LP (KKR) said Tuesday they plan to jointly construct and operate natural gas midstream services to support producers operating in Canada’s Horn River Basin.
Horn River Midstream Operations to Expand
Quicksilver Resources Inc. and Kohlberg Kravis Roberts & Co. LP (KKR) said Tuesday they plan to jointly construct and operate natural gas midstream services to support producers operating in Canada’s Horn River Basin.
KKR-Led $7.2B Buyout of Tulsa’s Samson Is Official
As had been widely expected (see Daily GPI, Nov. 23), an investor group led by Kohlberg Kravis Roberts & Co. LP (KKR) has agreed to pay $7.2 billion for Samson Investment Co. of Tulsa, one of the largest privately held exploration and production (E&P) companies in the United States. The group is picking up all of Samson’s assets, including shale play holdings, except for its onshore Gulf Coast and deepwater Gulf of Mexico (GOM) assets.
Samson Buyout Brings More Private Equity to Shales
An investor group led by Kohlberg Kravis Roberts & Co. LP (KKR) has agreed to pay $7.2 billion for Samson Investment Co. of Tulsa, one of the largest privately held exploration and production (E&P) companies in the United States. The deal gives KKR and its partners stakes in a number of unconventional resources plays.