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Round four for veteran oilmen: Solich, Herz kick off new venture

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George Solich and Tad Herz are two men in a hurry. The pair has built and sold three private oil and gas companies in the last 12 years, and now they’ve launched their fourth venture: FourPoint Energy LLC. The company launched with more than $1 billion in capital, including $200 million in private equity and $800 million in term debt. FourPoint also has announced its first deal, the $268 million purchase of an ownership stake of oil and gas properties in the Western Anadarko Basin and a joint…

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