For more than a decade we have achieved success for our limited partners through disciplined underwriting and strategic technical management of oil and gas resources, resulting in an attractive risk-adjusted return for our investors.
Transactions
Attractive risk-adjusted return for our investors
500+
Opportunities reviewed — representing a total value of ~$36 billion.
100+
Offers to acquire assets — representing an aggregate value of $4.1 billion.
17
Acquisitions closed — representing an aggregate total deal value of $750+ million in producing, predominantly operated, domestic oil and gas properties
Typical Acquisition
- Who is the seller?
Typically, sellers are large independents and majors operating legacy fields. - What are the assets?
We target underdeveloped oil and gas reservoirs with material upside, including properties that offer a high percentage of predictable proved-developed-producing (PDP) reserves with low decline rates and long-life reserves. - Employ our in-house operational expertise.
This allows us to achieve low wellhead breakeven and high operating margins. - Target assets with additional upside potential.
Our engineering team can apply new technologies to producing wells in older fields in order to increase production from discontinuous, low permeability formations.