Top Story | New Company / Start-Ups | Capital Markets | Private Equity Activity
Mid-Continent-Focused E&P Sees $250MM Equity Commitment
Print
|
Panther Energy Company II, LLC has received a $205 million initial equity commitment from Kayne Anderson Energy Fund VI and members of the Panther II management team.
In addition to this initial commitment, Panther II has the option to exercise up to $250 million in incremental commitments from co-investors, increasing the total equity commitments to the Company to as much as $455 million.
Panther II is a private exploration and production company formed to pursue development drilling opportunities in oil-weighted basins across North America. The Panther II management team is led by Berry Mullennix, President and Chief Executive Officer, and Roy Grossman, Senior Vice President and Chief Operating Officer. Other key members include Jim Stone, EVP of Business Development and Land; Jeff…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations