Kerogen Energy Fund, L.P. (“Kerogen” or the “Fund”), together with other major shareholders of New Age (African Global Energy) Ltd. (“NewAge”), has restructured its interest in NewAge’s flagship Marine XII licence in Congo-Brazzaville. A special purpose vehicle, M12 Investment Limited (“M12” or the “Company”), has been formed to invest directly in the core asset of...

AVCJ Article – Going Solo

New Age (African Global Energy) Ltd. (“NewAge” or the “Company”) has completed the acquisition from Vitol E&P Limited (“Vitol”) of its interests in two major upstream appraisal and development projects: MLHP 5, 6 & 7 (Etinde) in Cameroon and OML 113 (Aje) in Nigeria. The acquisition adds two highly complementary West African assets to NewAge’s...

Kerogen Energy Fund, L.P (“Kerogen”) has completed an investment of approximately $100 million in Buried Hill Energy (Cyprus) Public Company Limited (“Buried Hill”) through the combination of a subscription of new ordinary shares and purchases from existing shareholders. Kerogen is now a major shareholder of Buried Hill with an equity interest of approximately 20%. Dr....

Q&A with Kerogen Capital: A Closer Look at International Energy This month, Preqin spoke to Jason Cheng, Co-Founder, Managing Partner at Kerogen Capital, regarding recent trends in the natural resources industry and the outlook for the future. What recent trends have you seen in natural resources private equity? Natural resources is an established asset class...