Independents team up to buy US production

Journal Article · Mon Sep 14 04:00:00 EDT 1992 · Oil and Gas Journal; (United States)

OSTI ID:6911650

This paper reports that the quality and quantity of producing oil and gas properties for sale in the U.S. is encouraging the formation of acquisition joint ventures. Among recent announcements: Coda Energy Inc., Dallas, and an undisclosed investment banking company are creating a $750 million acquisitions joint venture to include $250 million in equity capital and $500 million in bank financing. Members of Houston's Cockrell family, and GKH Partners LP, Chicago, effective Sept. 1 formed Cockrell Oil and Gas LP, an equal partnership with equity capitalization of more than $125 million.

• OSTI ID: 6911650
• Journal Information: Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 90:37; ISSN 0030-1388; ISSN OIGJAV
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700 -- Petroleum-- Economics
Industrial
& Business Aspects
03 NATURAL GAS
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002* -- Energy Planning & Policy-- Petroleum
294003 -- Energy Planning & Policy-- Natural Gas
COOPERATION
DEVELOPED COUNTRIES
GOVERNMENT POLICIES
INDUSTRY
INTERNATIONAL COOPERATION
INVESTMENT
MARKET
NATURAL GAS INDUSTRY
NORTH AMERICA
PETROLEUM INDUSTRY
PLANNING
USA