03 Nov 2017

Increase in resource estimate for Pandion’s Cara discovery

ENGIE E&P, the operator of the Cara-licence (PL 636) in the Norwegian sector of the North Sea has increased the resource estimate for the Cara discovery to 56 – 94 million barrels of oil equivalent. Cara is a gas and oil discovery in PL636 in block 36/7, located approximately 14 kilometres from the ENGIE E&P...
15 Feb 2017

Kerogen Capital invests in Energean Israel

Athens, Greece – Energean Oil & Gas (“Energean”) is pleased to announce that Kerogen Capital (“Kerogen”) has committed to invest an initial US$50 million in Energean Israel, a subsidiary of Energean, ahead of the planned $1.3 billion development of the Karish and Tanin gas fields, offshore Israel. Energean Israel is the operator of and holds a...
31 Jan 2017

Kerogen Capital invests in Norway-based Pandion Energy

Kerogen Capital is pleased to announce it has made an initial commitment of US$100 million to Pandion Energy AS (“Pandion Energy” or the “Company”), an exploration and production  company focused on the Norwegian Continental Shelf (“NCS”). Pandion Energy will pursue exploration, appraisal and development opportunities on the NCS via acquisitions, farm-ins and licensing rounds. Kerogen, together...
20 Dec 2016

Hurricane announces interim well update

Interim Well Update – Completion of Lincoln Well Operations 20 December 2016 Hurricane announces that the Company has completed the drilling and logging phase of the 205/26b-A well (the “Lincoln Well”). The information communicated below relating to the Lincoln Well is preliminary and will be updated following detailed analysis once the final well data and...
15 Aug 2016

Kerogen Capital announces the closing of Kerogen Energy Fund II

Kerogen Capital (“Kerogen”), a leading private equity fund manager specialising in international energy, announces the closing of Kerogen Energy Fund II, L.P. together with its parallel funds (the “Fund”) and related co-investment funds, with total capital commitments of $830 million. This brings Kerogen’s funds under management to over $2 billion since inception. The Fund received...
30 Jun 2016

NewAge secures US$425 million borrowing facility

New Age (African Global Energy) Ltd (‘New Age’), a private African-focussed oil and gas company, has closed a US$425 million senior secured loan facility and has drawn US$350 million on 28 June 2016. The facility, provided by a consortium of five lenders, was led by EIG Global Energy Partners and the Africa Finance Corporation. New...
09 May 2016

Completion of Kerogen Capital’s investment in Hurricane Energy

Kerogen Capital is pleased to announce that at today’s general meeting of Hurricane Energy plc (“Hurricane” or the “Company”) all the resolutions relating to Kerogen Capital’s proposed £44 million (approximately US$63 million) subscription for new ordinary shares in Hurricane were duly passed. As a result, Kerogen will become Hurricane’s largest shareholder with a 29.9% shareholding...
18 Apr 2016

Kerogen Capital invests in UK-based Hurricane Energy

Kerogen Capital is pleased to announce a £44 million (approximately US$63 million) subscription for new ordinary shares in Hurricane Energy plc (“Hurricane” or the “Company”), following which Kerogen will become Hurricane’s largest shareholder with a 29.9% shareholding. Certain existing shareholders, including Hurricane’s current largest shareholder, will also participate in the equity subscription, which together with...
20 Feb 2016

Zennor Petroleum acquires interest in North Sea licences

ACQUISITION OF INTEREST IN NORTH SEA LICENCES Zennor Petroleum Limited (“Zennor” or the “Company”) is pleased to announce that on 20th February 2016 it entered into a Conditional Sale and Purchase Agreement with the joint administrators of First Oil Expro Limited, a company within the First Oil Group PLC (“First Oil”), to acquire subsidiary companies...
17 Aug 2015

Kerogen Capital invests in UK-based Zennor Petroleum

Kerogen Capital is pleased to announce that it has made an initial commitment of US$100 million in Zennor Petroleum Limited (“Zennor” or the “Company”), an E&P company focused on the UK North Sea. Kerogen, together with its limited partners, may commit up to a total of US$400 million to Zennor during the course of this...
1 5 6 7 8