Finance & Investing | Top Story | New Company / Start-Ups | Capital Markets | Private Equity Activity
Post Oak, GSAM Bet $100 Million on New Eagle Ford E&P

Post Oak Energy Capital and funds managed by Goldman Sachs Asset Management (GSAM) reported a $100 million capital commitment to PetroEdge Energy III LLC.
PetroEdge's management team will be co-investing alongside Post Oak and GSAM.
PetroEdge is a newly formed oil and gas company headquartered in Houston, Texas. The Company's management team includes Larry Richard, President and CEO; Larry Buchanan, EVP of Operations; Jack Ward, EVP of Exploration & Production; and Mark Malinski, CFO. Since 2004, PetroEdge's management has successfully built and sold two oil and gas companies. The team has a proven track record in the geologic assessment, drilling and completion of horizontal wells in shale plays. In addition, PetroEdge has deep knowledge of conventional oil and gas development.
PetroEdg…
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