Finance - Debt & Equity


Tall Oak Midstream II Formed With $300 Million In Equity

Tall Oak Midstream II LLC will support midstream opportunities in other North American resource plays while Tall Oak Midstream LLC will continue operating and expanding its Midcontinent U.S. midstream assets. 

Fri, 04/24/2015 - 11:13

Old Ironsides Closes Energy Fund II

Old Ironsides Energy LLC made the final close of Old Ironsides Energy Fund II (Fund II) with $1.3 billion of commitments, the company said April 16.

Tue, 04/21/2015 - 10:38

Sunoco LP Increases Revolving Credit Facility

The facility with a syndicate of banks matures in September 2019. 

The expansion will provide additional financing flexibility and liquidity to fund future growth capex.

Thu, 04/16/2015 - 09:57

Next Wave Energy Partners Receives $500 Million In Equity

The money will support acquisition, development and operations of midstream, downstream petrochemical and fuel assets in U.S. and Canada. Next Wave handles NGL toll processing and  manufacturing, among other projects.

Wed, 04/15/2015 - 10:57

Meritage Midstream Services III Receives $300 Million In Equity

Riverstone Global Energy and Power Fund VI committed $67 million, and Riverstone Energy Ltd. committed $33 million. Newly formed Meritage Midstream Services III focuses on western Canadian emerging resource plays.

Mon, 04/13/2015 - 14:07

Nuevo Midstream Dos Secures $400 Million In Equity

Midstream service provider Nuevo Dos was formed earlier in 2015. Its management team also founded Nuevo Midstream LLC, the predecessor, which was sold to Western Gas Partners LP.

Thu, 04/09/2015 - 12:09

First Reserve, Pemex Form Infrastructure Investment JV

The Los Ramones pipelines project, and other large-scale energy infrastructure projects, will receive investments through the US$1 billion joint venture. Los Ramones, now under construction, will run 744 kilometers.  

Tue, 04/07/2015 - 15:28

Chevron Global Energy Closes Caltex Shares Sale

The shares were priced at AU$35 each, and proceeds will be $135,000,035. San Ramon, Calif.-based Chevron will receive the cash proceeds upon settlement on April 2.

Mon, 03/30/2015 - 11:37

ONEOK Partners Prices Notes

Net proceeds are expected to total $793.8 million. They will repay outstanding commercial paper program amounts and support  general partnership purposes.

Thu, 03/19/2015 - 17:15

Moda Midstream Receives $750 Million In Equity

Moda was formed in early 2015 and its four founding partners previously were members of the executive team at Oiltanking North America LLC and Oiltanking Partners LP.

Tue, 03/17/2015 - 09:14

Encana Closes Bought Deal Offer

On April 6, the proceeds will redeem US$700 million in long-term debt that matures in 2017 and CA$750 million in long-term debt that matures in 2018. 

Mon, 03/16/2015 - 09:56

Williams Partners Will Redeem Notes

The notes are due 2021 and will be redeemed for cash on April 15.

Mon, 03/16/2015 - 09:38