TNM Resources, LLC Partners with Och-Ziff to Pursue Permian Basin Oil and Gas Acquisition and Development Opportunities

by kloudadmin | Mar 2, 2017 | News

HOUSTON, February 23, 2017 – TNM Resources, LLC (“TNM”) and Fortuna Management (“Fortuna”) announced the closing of an equity commitment from certain affiliates of Och-Ziff Capital Management Group LLC (NYSE: OZM) (“Och-Ziff”). TNM is a...

PDC Energy Announces Bolt-On Acquisition of Approximately 4,500 Net Acres in the Core Delaware Basin

by kloudadmin | Jan 4, 2017 | News

DENVER, Jan. 04, 2017 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced that on December 30, 2016, it closed the acquisition of approximately 4,500 net acres in Reeves and Culberson Counties,...

Och-Ziff Affiliates Commit $75 Million to Fortuna Resources Holdings, LLC to fund Permian Basin Oil and Gas Acquisitions and Development

by kloudadmin | Apr 27, 2016 | News

HOUSTON, May 10, 2016 –Fortuna Resources Holdings, LLC (“Fortuna”) announced today that certain affiliates of Och-Ziff Capital Management Group LLC (NYSE: OZM) (“Och-Ziff”) have committed $75 million to Fortuna, with an option to increase to $150 million. The...