Pickering Energy Partners Acts as Buy-Side Advisor in O.G. Oil & Gas Limited's Acquisition of Non-Operated Gulf of Mexico Assets

Pickering Energy Partners advised O.G. Oil & Gas Limited on the acquisition of non-operated Gulf of Mexico assets from Beacon Offshore Energy, enhancing their deepwater portfolio with interests in key developments and infrastructure.

HOUSTON, TX –  APRIL 15, 2024 (BUSINESSWIRE) – Pickering Energy Partners (PEP) advised O.G. Oil & Gas Limited in their purchase of certain non-operated Gulf of Mexico assets owned by Beacon Offshore Energy. The acquisition includes non-operated interests in the deepwater Gulf of Mexico in accordance with a previously executed definitive agreement with GOM 1 Holdings Inc., an affiliate of O.G. Oil & Gas. The acquisition consists of Beacon’s 18.7% interest in the Buckskin producing field, 17% interest in the Leon development, 16.15% interest in the Castile development, 0.5% interest in the Salamanca FPS/lateral infrastructure, and 32.83% interest in the Sicily discovery.

About Pickering Energy Partners
Pickering Energy Partners (PEP) is an energy-focused financial services platform. Our expertise spans decades across the entire energy landscape. We are, at our core, trusted energy advisors, investors, and partners alongside our clients. The PEP platform includes Investment Banking, Capital Markets, Investments, Research, and Consulting. Headquartered in Houston, Texas, PEP delivers an experienced, opportunistic team that aims to provide guidance and long-term value for clients while having a positive impact on the companies and communities that PEP invests in.

Pickering Energy Partners LP (“PEP”) is a SEC Registered Investment Adviser. Affiliated PEP Advisory LLC (“PEP BD”) is a registered broker-dealer, member FINRA/SIPC.

For media inquiries:
Jennifer Petree pr@petreepartners.com

Pickering Energy Partners Acts as Buy-Side Advisor in O.G. Oil & Gas Limited's Acquisition of Non-Operated Gulf of Mexico Assets

Timeframe

Add to calendar

Location

No items found.

Connect

No items found.

Sponsored

PEP Library

Explore Our Latest Insights

Visit page
Visit Library post
Bad things are happening, fear is high and sentiment is awful.
Visit page
Visit Library post
Texas oil jobs at risk as market reels from Trump tariffs
Visit page
Visit Library post
Eager to stay in Mr. Trump’s good graces, oil executives refrain from publicly criticizing the president. But privately, ‘Everyone’s afraid.’
Visit page
Visit Library post
Explore how the latest 2025 tariffs could drive up vehicle prices, disrupt global supply chains, and reshape the future of the U.S. automotive industry.
Visit page
Visit Library post
A guide to how energy companies are refining their investor messaging to capitalize on sustainability progress, strengthen trust, and drive long-term value creation.
Visit page
Visit Library post
An analysis urging the energy sector to maintain focus on sustainability and ESG principles despite political shifts, emphasizing the volatility of independent voters and global regulatory trends.
Visit page
Visit Library post
U.S. natural gas producers and investors are ramping up activity in Louisiana’s Haynesville shale basin as rising LNG export demand and new project approvals drive expectations of a supply boom.
Visit page
Visit Library post
What’s driving oil prices in 2025 — market shifts, forecasts, and what traders should watch.
Visit page
Visit Library post
Exploring the evolving realities of the global energy transition, highlighting the challenges of net-zero goals, rising energy demand, and the geopolitical implications of resource security.
Visit page
Visit Library post
So much happening.
Visit page
Visit Library post
Pickering Energy Partners welcomes Dr. Graham Conway to lead low-carbon solutions, expanding PEP’s consulting & advocacy in energy & industrials.
Visit page
Visit Library post
Join hosts Josh Lowrey and Dan Pickering on the Energy In Transition Podcast, the premier voice for all things related to the energy transition.
Visit page
Visit Library post
Dan Pickering says Trump’s “drill, baby, drill” policy won’t happen and OPEC action will have a greater impact on lowering oil prices.
Visit page
Visit Library post
Top energy leaders meet in Houston as Trump pushes fossil fuels, reversing Biden’s climate policies. Experts doubt a drilling surge despite White House calls.
Visit page
Visit Library post
Trump’s energy policies shake global oil markets as layoffs surge, investment stalls, and crude prices hover around $70 per barrel amid industry turmoil.

Upcoming Events

June 4 - 6 | Colorado Springs, CO
Visit page
Sept. 29 - Oct. 1 | Austin, TX
Visit page
Ready to get started?
Contact our specialized teams at PEP for more information.