Author Topic: New Houston oil firm partners with KKR on Permian  (Read 187 times)

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New Houston oil firm partners with KKR on Permian
« on: May 15, 2019, 06:08:39 PM »
Houston Chronicle by  Jordan Blum May 15, 2019

The new Houston energy startup Spur Energy Partners said it will partner with the private equity firm KKR & Co. for financing to develop oil and gas acreage in the booming Permian Basin.

Spur Energy was founded by Jay Graham and his team after selling Houston's WildHorse Resource Development for $3 billion late last year to Chesapeake Energy.

KKR said it expects to develop a multibillion-dollar partnership with Spur Energy moving forward.

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