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
As COP29 unfolds, oil giants shift focus to core fossil fuels, scaling back renewables; explore insights from Dan Pickering on market dynamics.
Visit page
Explore PEP’s review of 2024’s top predicted global market trends, assessing hits, surprises, and their impact on energy investments.
Visit page
It has been a busy five weeks since the start of October…
Visit page
Dan Pickering joins experienced transactional attorney Gabriel Salinas in the latest issue of NAPE magazine to share their insights on the current landscape of energy investments and their expectations for its future.
Visit page
The shale revolution’s promises remain mixed; learn how evolved business models could drive higher returns and reshape investor expectations.
Visit page
Things are complicated in the oil and gas world these days.
Visit page
Explore how the November election’s outcomes could reshape energy, with Dan Pickering detailing key issues like regulations, permits, and industry oversight.
Visit page
Daniel Romito of Pickering Energy Partners examines the challenges of achieving net zero and the vital role of accurate data in driving energy investment.
Visit page
Dan Romito of Pickering Energy Partners discusses how generative AI will drive LNG growth across Europe in LNG Industry’s October issue.
Visit page
Despite Middle East tensions, oil prices remain stable due to high U.S. production, acting as a cushion in a balanced global market, says Dan Pickering.
Visit page
Talos Energy adopts a ‘poison pill’ to limit investor control, protecting long-term interests amidst major transitions, including a $148M business sale.
Visit page
Celebrating 20 years of PEP’s energy expertise, offering investment, banking, consulting, and research solutions in both traditional and renewable sectors.
Visit page
Dan Pickering joins CNBC to discuss oil majors’ slow decarbonization and the impact of energy prices on the U.S. presidential race.
Visit page
Sentiment on oil markets weakened during August. Price will either be decent (WTI in the $70’s to low $80’s) or poor ($60’s or worse) with OPEC being the key swing variable.
Visit page
Oil market complexity took a step function higher during July and early August. Although not at red-alert levels, downside risks are probably the highest they’ve been YTD.
Ready to get started?
Contact our specialized teams at PEP for more information.