Tue, 27 Mar 2012 12:46:52 CDT
Post Oak Energy Capital LP has led a $60 million private equity commitment to Crown Oil Partners IV LP. Midland, Texas-based Crown Oil IV will use the funding to accelerate its oil and gas asset acquisition plans. Half of the commitment, $30 million, was funded at closing with the remaining funds available to support future activities. Houston-based Post Oak set up the equity financing in partnership with Wells Fargo Energy Capital and funds and accounts under management by BlackRock Inc. Crown...
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