Exploration & Production | Deals - Joint Ventures | Private Equity | Capital Markets | Private Equity Activity
Apollo, Apex Energy Join Forces for Marcellus Development
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Affiliates of Apollo Global Management LLC and Apex Energy LLC have formed a strategic partnership to invest in oil and gas properties in the Appalachian Basin, with a primary focus on the Marcellus Shale.
Apex, headquartered in Pittsburgh, Pennsylvania, has an executive management team led by Mark Rothenberg, Chief Executive Officer, and Ed Long, Chief Operating Officer. Prior to Apex, Messrs. Rothenberg and Long were part of the leadership team for EXCO Resources’ Joint Venture in the Appalachian Basin. Prior to EXCO, Mr. Rothenberg was at Vantage Energy, LLC, a private equity-backed E&P company formed in December 2006.
Mark Rothenberg, Chief Executive Officer of Apex commented, "Apex has a talented team that combines local knowledge and relationships with broad based technical…
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