Your Portal for Key Energy Information and Research

Lime Rock Partners

Company Summary

Description

Lime Rock Partners is a creative private equity investment partner focused solely on the upstream oil and gas sector. Our funds have received over $5.5 billion in total private capital commitments including nearly $4.0 billion made to six Lime Rock Partners funds

Website

http://www.lrpartners.com/about-us/

Related Entities

Recent news

Company Transactions

Date: 10/31/2020
Type: Acquisition

BUYERS:
  • Lime Rock Partners
    • SELLERS:
  • Arena Energy LP
    • DETAILS:

    ACRES: 340724 Acres

    NOTES:
    Arena Energy, a private Gulf of Mexico offshore oil & gas firm, has filed for Chapter 11 bankruptcy with $1 billion in debt and $35 million in cash on hand. The current plan is to sell their 340,724 acres in assets do Lime Rock Partners in a deal which includes $62.4 million in cash.
    REGIONS:
  • Gulf of Mexico