Private Equity Invested $12 Billion to Start 40 New Companies in 2018

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| Thursday,January 03,2019

Below is a look at how Private Equity firms deployed some $12 billion in 2018 across 40 new companies.

Exploration & Production = $7.0 billion

Minerals = $1.8 Billion

Midstream = $2.01 billion

Oilfield Services = $1.0 billion

Canada : $250 million

Ark-la-Tex/Haynesville : $800 Million

MidCon/STACK/SCOOP : $1.5 billion

Permian : $3.8 billion

Powder River : $2.0 billion

Northwood Energy LLC -Led by Ryan Birkenfeld, CEO - Raised $850 million : Acquired property in the Powder River Basin

Flywheel Energy -Led by Justin Cope, CEO - Raised $700 million : Acquired BHP's Fayetteville Property

Horizon Resources III -Led by Jason Dean, CEO - Raised $500 million : Looking for non-op properties in the Rockies

Tall City Exploration III Led by Michael Oestmann, CEO - Raised $500 million : Looking for operated properties in the Permian

Private Equity