Carnelian Energy Capital moves to sell six oil and gas production assets

Summary

Carnelian Energy Capital is seeking to sell six North American oil and gas production investments, representing about 40% of its overall investments. The assets are valued between a few hundred million dollars to over $1 billion. This move comes amid pressure on private equity firms to increase exits and return cash to investors.

Recent Coverage

• Buyout firm Carnelian raises eyebrows with rare effort to sell multiple energy assets, sources say

  BOE Report • Dec 11