Kerogen Capital (“Kerogen”), a leading private equity fund manager specialising in international energy, announces the closing of Kerogen Energy Fund II, L.P. together with its parallel funds (the “Fund”) and related co-investment funds, with total capital commitments of $830 million. This brings Kerogen’s funds under...
New Age (African Global Energy) Ltd (‘New Age’), a private African-focussed oil and gas company, has closed a US$425 million senior secured loan facility and has drawn US$350 million on 28 June 2016. The facility, provided by a consortium of five lenders, was led by...
Kerogen Capital is pleased to announce that at today’s general meeting of Hurricane Energy plc (“Hurricane” or the “Company”) all the resolutions relating to Kerogen Capital’s proposed £44 million (approximately US$63 million) subscription for new ordinary shares in Hurricane were duly passed. As a result, Kerogen...
Kerogen Capital is pleased to announce a £44 million (approximately US$63 million) subscription for new ordinary shares in Hurricane Energy plc (“Hurricane” or the “Company”), following which Kerogen will become Hurricane’s largest shareholder with a 29.9% shareholding. Certain existing shareholders, including Hurricane’s current largest shareholder,...
ACQUISITION OF INTEREST IN NORTH SEA LICENCES Zennor Petroleum Limited (“Zennor” or the “Company”) is pleased to announce that on 20th February 2016 it entered into a Conditional Sale and Purchase Agreement with the joint administrators of First Oil Expro Limited, a company within the First...
Kerogen Capital is pleased to announce that it has made an initial commitment of US$100 million in Zennor Petroleum Limited (“Zennor” or the “Company”), an E&P company focused on the UK North Sea. Kerogen, together with its limited partners, may commit up to a total...