The Briefing Room
General Category => Science, Technology and Knowledge => Energy => Topic started by: Elderberry on May 15, 2019, 10:08:39 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.
More: https://www.houstonchronicle.com/business/energy/article/New-Houston-oil-firm-partners-with-KKR-on-Permian-13846757.php (https://www.houstonchronicle.com/business/energy/article/New-Houston-oil-firm-partners-with-KKR-on-Permian-13846757.php)