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...
15 May 2014
Kerogen Capital invests in HKN
Kerogen Energy Fund, L.P. (“Kerogen” or the “Fund”) has invested $100 million in Convertible Preference Shares (“CPS”) in HKN Holding Ltd. (“HKN” or the “Company”). HKN represents an attractive investment opportunity for the Fund’s Middle East and North Africa (“MENA”) strategic allocation. HKN is a holding company for HKN Energy, a private E&P company focused...
12 Mar 2014
Kerogen Capital invests in Twinza Oil
Kerogen Energy Fund, L.P. (“Kerogen”) has made a commitment to subscribe A$30 million (approximately US$27 million) for new shares in Twinza Oil Limited (“Twinza” or the “Company”). Twinza is a private Asia Pacific-focused exploration and production company. It was incorporated in Australia in 2004 and founded by Bill Clough, the Clough Family Trustees (collectively the “Clough Family”) and the...
20 Feb 2014
Kerogen Capital launches ESG Policy Statement
Kerogen Capital Limited (“Kerogen” or “the Company”), an independent private equity fund manager specialising in the international oil and gas sector, is delighted to publish its Environmental, Social and Governance (“ESG”) Policy Statement detailing the Company’s commitment to good governance, to high environmental standards and to positive engagement on social issues. Kerogen believes that adherence...
31 Dec 2013
Kerogen Capital invests in M12 Investment
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...
09 Jul 2013
AVCJ article with Kerogen Capital: Going Solo
AVCJ Article – Going Solo
16 May 2013
NewAge acquires Vitol’s upstream interests in Cameroon and Nigeria
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...