28 Oct

Posted at 17:38h in News

DENVER, Oct. 28, 2021 /PRNewswire/ -- Accretion Acquisition Corp. (NASDAQ: ENERU) (the "Company") announced that it completed the sale of an additional 2,700,000 units at a public offering price of $10.00 per unit as a result of the underwriters' full exercise of the over-allotment option granted in connection with the Company's initial public offering. After giving effect to the exercise of the option, an aggregate of 20,700,000 units have been issued in the initial public offering for aggregate gross proceeds...

25 Oct

Posted at 15:10h in News

Denver, CO, Oct. 25, 2021 (GLOBE NEWSWIRE) – Accretion Acquisition Corp. (NASDAQ: ENERU) (the “Company”) announced that it closed its upsized initial public offering of 18,000,000 units at $10.00 per unit generating total gross proceeds of $180,000,000. The units were listed on the Nasdaq Global Market (“Nasdaq”) and began trading under the ticker symbol “ENERU” on October 21, 2021. Each unit consists of one share of common stock, one right to receive one-tenth of one share of common stock upon...

20 Oct

Posted at 21:41h in News, Uncategorized

DENVER, Oct. 20, 2021 /PRNewswire/ -- Accretion Acquisition Corp. (NASDAQ: ENERU) (the "Company") announced the pricing of its upsized initial public offering of 18,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Global Market ("Nasdaq") and trade under the ticker symbol "ENERU" beginning tomorrow, October 21, 2021. Each unit consists of one share of common stock, one right to receive one-tenth of one share of common stock upon the consummation of an initial business combination,...

13 Oct

Posted at 09:03h in News

Fulcrum Energy Capital Funds continues strategy of acquiring assets through distressed and special situations investing at attractive valuations with most recent acquisition   DENVER, Oct. 13, 2020 /PRNewswire/ -- Fulcrum Energy Capital Funds ("Fulcrum" or "the Firm") is pleased to announce that the Firm continues to successfully execute on its strategy of acquiring high-quality assets available at attractive valuations in today's market. By leveraging the Firm's strong reputation and operational expertise, Fulcrum was able to identify and close on this acquisition, which the Firm hopes...

10 Mar

Posted at 17:41h in News

Over the last month, oil prices have deteriorated significantly. Natural gas price declines have been less significant and are largely related to supply and demand fundamentals. However, the notable decrease in oil prices has been a result of geopolitical tensions with OPEC+ as well as concerns relating to decreased demand for oil relating to the outbreak of the Coronavirus. We believe the OPEC and Russia oil price war unequivocally started last weekend when Saudi Arabia aggressively cut the relative price at...

07 Jan

Posted at 10:29h in News

Recognizing attractive acquisitions is an important part of making the most out of any cyclical business, particularly through a prolonged downturn such as the one being experienced in the oil and gas industry. Purchasing quality assets with favorable metrics allows purchasers to profitably operated them even when commodity prices are low, and maximizes potential upside when prices improve. At Fulcrum Energy Capital Funds, we always look for attractive acquisition opportunities to maximize the value of our portfolio. Recently, our portfolio company Pachira...

19 Nov

Posted at 11:38h in News, Uncategorized

 CLICK HERE OR BELOW TO REVIEW Investors looking to put capital to work in the energy space have several structures available to them. For an explanation of a few common structures, you can view our overview here. At Fulcrum Energy Capital Funds, our team of experts has reviewed the options extensively, and we believe that the best risk-adjusted returns in today’s markets are available for investors in producing operated assets. Producing assets provide predictable cash flow, and operating the assets gives Fulcrum and...

15 Oct

Posted at 10:13h in News, Uncategorized

We are excited to announce the closing of an acquisition by our newly formed portfolio company, Pachira Oil & Gas II. The acquisition consists primarily of operated oil and gas assets including over 60 wells and 9,000 net acres of leasehold, which was previously owned by O’BENCO IV, LP. The assets were purchased at an attractive valuation through a §363 sale as part of O’BENCO’s Chapter 11 bankruptcy proceeding in Bankruptcy Court for the Eastern District of Texas. Fulcrum anticipates the acquisition...

25 Sep

Posted at 11:24h in News

 CLICK HERE FOR THE FULCRUM MARKET UPDATE     Traditional Sources of Capital Declining for Energy The oil and gas industry is capital intensive and has long relied on public equity and high yield issuances, borrowing bases from their bank groups, and support from private equity backers to support their operations. Since the oil price crash of 2014, capital has become increasingly difficult to come by for oil and gas companies and has driven companies to look at their operations and ability to generate...

10 Sep

Posted at 10:02h in News

Conor is a Senior Associate at Fulcrum Energy Capital Funds, and is responsible for evaluating new investment opportunities, monitoring existing investments, and portfolio company related operational work. Prior to joining Fulcrum, Conor was an Assistant Vice President in the Energy Credit Resolution Group at Wells Fargo, where he assisted in the management and restructuring of a portfolio of distressed corporate energy credits, primarily in the upstream and oilfield services subsectors. Before moving to the Energy Credit Resolution Group, Conor spent time...