Denham Invests $200M In Oil Co. To Grow Permian Assets

Law360, New York (August 23, 2012, 2:41 PM EDT) -- Boston private equity firm Denham Capital has made a $200 million equity investment in a recently formed Texas oil and gas exploration company for developing upstream activities in the Permian Basin, Denham said Wednesday.

Denham, which recently closed its sixth fund with $3 billion in capital commitments, said it has invested in Tall City Exploration LLC, a Midland, Texas-based energy company formed to pursue strategic production opportunities in the fossil-fuel rich Permian Basin in Texas.

Tall City said Wednesday that it has already leased roughly 5,000...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.