BCE publishes white paper on natural gas producer challenges
The firm urges pure play US producers to adopt capital discipline and pursue consolidation with liquids-rich companies amid depressed prices.
See the latest news and media coverage for BCE. We track all announcements, press releases, and industry mentions in real time, all in one place.
Upstream-focused energy private equity firm
bayoucityenergy.comLast updated
The firm urges pure play US producers to adopt capital discipline and pursue consolidation with liquids-rich companies amid depressed prices.
The company closed the deal using an $825 million term loan and a $75 million revolving credit facility secured in December 2023.
The company raises approximately $171.7 million net to repay debt and buy back units from existing owners, with trading set to begin on the NYSE under symbol MNR.
The deal adds 3,000 boe/d production and midstream infrastructure in Oklahoma and Texas, marking BCE's sixth acquisition over the past year.
The $320 million sale of cash-strapped Oklahoma producer Alta Mesa has been put on hold after buyer BCE-Mach III encountered financial problems of its own...
Track BCE and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Discover what's making headlines across other trending companies.