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Fortuna Resources LLC Partners with Och-Ziff Affiliates to Pursue Oil and Gas Acquisition and Development Opportunities | PRN Newswire | Oil Country Media

HOUSTON, May 16, 2016 /PRNewswire/ —  Fortuna Resources Holdings, LLC (“Fortuna”) announced that certain affiliates of Och-Ziff Capital Management Group LLC (NYSE: OZM) (“Och-Ziff”) have committed $75 million to Fortuna, with an option to increase to $150 million. The investment is focused on expanding Fortuna’s activities in the West Texas Permian Basin and related areas through acreage and asset acquisitions and […]

Read More Fortuna Resources LLC Partners with Och-Ziff Affiliates to Pursue Oil and Gas Acquisition and Development Opportunities | PRN Newswire | Oil Country Media
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Global energy investment steadies at $1.85 trillion after three-year fall – IEA – Reuters

Global energy investment steadied at nearly $1.85 trillion (£1.43 trillion) last year after three years of decline, with slowing energy efficiency and renewables spending offset by increases in oil, gas and coal, the International Energy Agency said. — Read on http://www.reuters.com/article/uk-iea-energy-investment/global-energy-investment-steadies-at-1-85-trillion-after-three-year-fall-iea-idUKKCN1SJ2F8

Read More Global energy investment steadies at $1.85 trillion after three-year fall – IEA – Reuters

IndustryVoice: Top 10 Takeaways for Q2 Oil and Gas M&A Activity and Beyond | Oil and Gas Investor

TOP 10 TAKEAWAYS 1. U.S. upstream activity slowed to $8.7 billion versus $22.0 billion in Q1 and $17.8 billion quarterly average since 2009. 2. Middle market ($100 million to $1 billion) pace of transactions steady in Q2. 3. During Q2 pause, the previously white hot Permian market stalled at just $801 million in deals, the […]

Read More IndustryVoice: Top 10 Takeaways for Q2 Oil and Gas M&A Activity and Beyond | Oil and Gas Investor