Denver oil and gas company FourPoint Energy LLC said today it has raised $525 million from investors and also closed a deal to buy assets in the Texas Panhandle.
Privately-held FourPoint said its will continue to grow in its focus areas: The Anadarko Basin, which sprawls across the Oklahoma-Texas border in the Panhandle area; and the Permian Basin, in southeastern New Mexico and across the border into Texas.
The new money will allow the company “to continue to grow through strategic acquisitions…
Denver oil and gas company FourPoint Energy LLC said today it has raised $525 million from investors and also closed a deal to buy assets in the Texas Panhandle.
Privately-held FourPoint said its will continue to grow in its focus areas: The Anadarko Basin, which sprawls across the Oklahoma-Texas border in the Panhandle area; and the Permian Basin, in southeastern New Mexico and across the border into Texas.
The new money will allow the company “to continue to grow through strategic acquisitions…