Natural Gas Intelligence is a leading daily provider of natural gas prices, natural gas news, and gas pricing data to the deregulated North American natural gas industry Mavros

Eps 1 Life in My Heels / Patrick Mavros

Subscriber Notice Regarding NGI's Decimal Point Precision and Use of Assessments - Jul. 2 Mavros

*** NEW *** Navigating LNG Through a Choppy World Trade Sea - LNG Special Report

Updated for June 2018 - 2018 MexicoEmerging Natural Gas Pipelines Infrastructure Map

2018 North AmericanNatural Gas Pipelines & Shale Resource Plays Map

*** NEW *** Navigating LNG Through a Choppy World Trade Sea - LNG Special Report

Empire State Showdown: The NatGas Battle for New York

Haynesville 2.0 Special Report: The Once and Future King

Oilfield Services 3Q Earnings Calls - Special Report

NGI's Ranking of Top North American Natural Gas Marketers (Q1)

Natural Gas Intelligence is a leading daily provider of natural gas prices, natural gas news, and gas pricing data to the deregulated North American natural gas industry

Subscriber Notice Regarding NGI's Decimal Point Precision and Use of Assessments - Jul. 1

PG&E Taking Action After FERC Fine for Cybersecurity Breach

‘Last Hurrah’ for Summer Heat Forecast as September Natural Gas Called Lower

$3 Gas Moves Further Out of Reach as September Sheds Another 4 Cents; Spot Gas Hikes on Heat

Mavros

California Wildfire Solutions for Utilities Facing Friday Deadline

» Post Oak Pours $100M into Third Saxet-Led E&P Enterprise

Post Oak Pours $100M into Third Saxet-Led E&P Enterprise

QEP Sets Another Permian-Led Oil Production Record, Boosts Guidance Again

U.S. E&Ps Hedging Modestly for 2018, 2019; Permian Exposure on Radar

Top U.S. E&Ps Boosting Reserves, Output, Revenues with Assist from Technology, Revenues with Assist from Technology Mavros

Houston-based private equity Post Oak Energy Capital LP on Monday said it led a $100 million equity commitment to Saxet III Minerals LLC, its third with the U.S. onshore oil and gas focused operator.

The management team of Saxet, also based in Houston, plans to co-invest with Post Oak to acquire and manage mineral and royalty interests in U.S. basins.

The first two exploration and production (E&P) entities, Saxet Minerals LLC and Saxet II Minerals LLC, have aggregated core positions in Oklahoma’s stacked plays, in the Permian Basin’s Midland formation of West Texas and in North Dakota’s Bakken and Three Forks formations.

“The long-standing partnership with Post Oak has been instrumental in helping Saxet create significant value in the minerals space,” said Saxet President Robert E. O’Brien. Since Saxet’s inception in 1992, O’Brien has co-founded, developed and sold other related companies.

Post Oak has also helped kickstart Balcones Energy Holdings LLC, Core Minerals Management II, Cornerstone Petroleum Resources, Crown Oil Partners VI, Exponential Resources LLC, Mavros Minerals, Rimrock Resource Operating LLC, UpCurve Energy LLC and Veritas Energy Partners LLC.

“Securing mineral and royalty interests is an integral part of the E&P industry, and we recognized early on that Saxet’s approach and experience would uniquely position Post Oak’s portfolio,” said Post Oak managing director Frost Cochran.

Carolyn Davis joined the editorial staff of Intelligence Press Inc. in Houston in May, 2000. Prior to that, she covered regulatory issues for environmental and occupational safety and health publications. She also has worked as a reporter for several daily newspapers in Texas, including the Waco Tribune-Herald, the Temple Daily Telegram and the Killeen Daily Herald. She attended Texas A&M University and received a Bachelor of Arts degree in journalism from the University of Houston.

Black Mountain Expanding Frack Sand Operations into Anadarko Basin

Eclipse, Blue Ridge Merger to Create ‘Compelling’ Appalachia Pure Play

LyondellBasell’s Massive Natural Gas-Fueled Project Underway Near Houston

You must have JavaScript enabled to enjoy a limited number of articles over the next 180 days.

Natural Gas Intelligence (NGI), is a leading provider of natural gas, shale news and market information for the deregulated North American natural gas industry. Since the first issue of Natural Gas Intelligence was published in 1981, NGI has provided key pricing and data relied upon daily by thousands of industry participants in the U.S, Canada and Mexico as well as Central and South America, Europe and Asia.