Paloma

EnCap’s Paloma Takes Goodrich Private, Gains Estimable Shale Assets, Including Haynesville

EnCap’s Paloma Takes Goodrich Private, Gains Estimable Shale Assets, Including Haynesville

An affiliate of private equity giant EnCap Investments last month took Houston-based Goodrich Petroleum Corp. private after completing a $23/share tender offer. Paloma Partners VI Holdings LLC, an entity of Houston’s Paloma Resources LLC, completed the estimated $480 million takeover, which was announced in November. Paloma, now active in Oklahoma, gained a broad set of…

January 5, 2022

Historic California Gas-Fired Merchant Plant Files Chapter 11

One of California’s first major merchant natural gas-fired electric generation plants — the La Paloma Generating Co. LLC near Bakersfield — on Tuesday filed for Chapter 11 bankruptcy in a federal court in Delaware, citing a combination of unfriendly regulations and the state’s major shift toward renewable energy sources of power.

December 8, 2016

Gulfport Bolting On 24,000 Net Utica Acres in $300M Deal

Gulfport Energy Corp. plans to acquire private equity-backed Paloma Partners III LLC for $300 million and bolt on that company’s 24,000 net acres in the Utica Shale’s dry gas core.

April 16, 2015

Gulfport Bolting On 24,000 Net Utica Acres in $300M Deal

Gulfport Energy Corp. plans to acquire private equity-backed Paloma Partners III LLC for $300 million and bolt on that company's 24,000 net acres in the Utica Shale's dry gas core.

April 16, 2015

Three U.S. Shale Plays Lift Marathon Earnings, Output

Marathon Oil Corp.’s third quarter profits jumped 11% year/year on strong revenue growth and increased production, especially from the Eagle Ford Shale.

November 8, 2012