Denham Capital Pours $300M Into New Oil, Gas Venture

Law360, Los Angeles (January 31, 2013, 8:34 PM EST) -- Bright Horizon Resources LLC has secured $300 million in equity financing from energy-focused private equity firm Denham Capital Management LP, the oil and natural gas exploration company said Thursday.

The fledgling company, which plans to develop oil and natural gas projects in Oklahoma, Arkansas, Kansas and the Texas Panhandle, as well as in the Arklatex region, was launched in November with the private equity firm’s backing, according to Carl Tricoli, co-president and managing partner of Denham Capital.

“Denham learned in mid-2012 through its oil and gas...
To view the full article, register now.