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...
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