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...

 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...

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...

Quality rock and good operations are just one piece of the equation Fulcrum Energy Capital Funds looks at when reviewing whether to purchase new assets. With our recent acquisition of more than 10,000 net acres in the Eagle Ford Shale Play, we looked at the bigger picture and saw an opportunity rife with upside for our investors. The acquired assets, which are now operated by Pachira Oil & Gas, are producing approximately 90% crude oil. Crude from this area is designated...

Because public markets have little appetite for initial public offerings (IPOs) or M&A activity currently, Fulcrum Energy Capital Funds is pursuing a strategy to ensure returns to its shareholders based on the cashflow of its portfolio companies. The recent acquisition of Eagle Ford assets and the formation of Fulcrum’s new portfolio company, Pachira Oil & Gas, represent another successful execution of the firm’s investment strategy. The high-quality assets were purchased from a seller experiencing financial distress allowing Fulcrum to acquire them...

DENVER, June 3, 2019 – Polaris Production Partners, (“Polaris” or the “Company”) a leading independent oil and natural gas company operating in the Denver-Julesburg (DJ) Basin of Colorado, announces the addition of Grant Farn as its Chief Financial Officer. “Grant’s addition to Polaris represents an important next step for us as we continue to develop our DJ Basin assets,” said Polaris Production Partners Chief Executive Officer Ryan Sullivan. “His experience and track record of success within the energy space will be...

DENVER, July 15, 2019 – Fulcrum Energy Capital Funds today announced the formation of Pachira Oil & Gas (“Pachira” or “the Company”), a new portfolio company, and Pachira’s acquisition of over 10,000 net acres of leasehold in the Eagle Ford Shale Play in South Texas. The assets include existing production comprised of approximately 90% oil, from more than 20 net operated horizontal wells. The addition of Pachira Oil & Gas gives Fulcrum increased exposure to the premium priced Gulf Coast crude...

Morse Energy Capital Partners exited 2018 raising more than $100 million in committed capital and with over $50 million deployed in 2018 DENVER, Feb. 4, 2019 /PRNewswire/ -- Morse Energy Capital Partners ("Morse Energy", or "the Firm"), a Denver-based private equity firm focused on the oil and gas sector, announced that the Firm raised over $100 million in committed capital and deployed over $50 million of investment capital across five new E&P investments in 2018. The deals represent the successful deployment of capital into assets which through a comprehensive...

Morse Energy Capital Partners exited 2018 raising more than $100 million in committed capital and with over $50 million deployed in 2018 Morse Energy Capital Partners (“Morse Energy”, or “the Firm”), a Denver-based private equity firm focused on the oil and gas sector, announced that the Firm raised over $100 million in committed capital and deployed over $50 million of investment capital across five new E&P investments in 2018. The deals represent the successful deployment of capital into assets which through...

SSG Capital Advisors, LLC (SSG) acted as the investment banker to Nighthawk Energy plc and its subsidiaries in the sale of substantially all of its assets to an affiliate of Morse Energy Capital Partners (Morse). The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the District of Delaware. The transaction closed in July 2018. Nighthawk is engaged in the exploration, development and production (E&P) of oil in the Denver-Julesburg (DJ) Basin. Founded in 2006, the...