Argus Energy Managers, a new entity formed by combining capital providers Bayou City Energy, Intervale Capital and Cibolo Energy Partners. Together the companies manage approximated $2 billion in capital. The company will be focused on the lower-to-middle deal market, in the range of $20-$50 million
More Private Equity Activity News

Silver Hill Expands South Texas Footprint with Acquisition of 1776 Energy Assets
Silver Hill Energy Partners has acquired 100 percent of 1776 Energy’s South Texas oil and gas assets, significantly expanding its operated footprint across the Eagle Ford and Austin…

Riverbend Finalizes $1.8B Sale of Portfolio Companies
Riverbend Energy Group has completed the previously announced sale of its equity interests in Riverbend Oil & Gas VI LLC, Riverbend Oil & Gas VI-B LLC and Riverbend…

Diversified Wraps Up PE-Backed Deal for Tapstone's Mid-Con Assets
Diversified Energy Company PLC has closed its acquisition of Oklahoma-based Tapstone Energy Holdings, LLC and related party KL CHK SPV, LLC. Oaktree Capital Management made a co-investment in…

PE Firms Splash Money on New E&P Companies As Oil Prices Rise
As we near the fourth quarter of 2021, Shale Experts is taking a look at all the new companies that were formed in the first part of the…

PE-Backed Haynesville E&P Mulling Asset Sale Worth $2.0 Billion
Haynesville-focused E&P GeoSouthern Energy is considering a potential sale of its acreage portfolio, which could fetch ~$2.0 billion, according to a report by Reuters. GeoSouthern is backed by…
United States News

A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It
A handful of recent transactions and capital raises point to a subtle pattern in North American upstream—one that is easy to miss because each event, on its own,…

EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…

New E&P Scores Capital; Heading To the MidCon Region
Company Overview 406 Energy, LLC is a newly formed, Houston-based upstream oil & gas development company launched in October 2025 with an initial equity commitment from NGP Natural…

2025 Forecast : Dangerous Time Ahead
This is the time of year when we share a clear view into how we’re thinking about what to expect for drilling and completion activity in 2025. To…

Petrus Resources Ltd. First Quarter 2023 Results
Petrus Resources Ltd. announced first quarter 2023 results. Highlights Higher production – Production was up 54% from 7,379 boe/d(1) in the first quarter of 2022 to 11,385 boe/d…
