A giant cache of private equity money is chasing a growing treasure chest of oil and gas assets ready to be harvested, and the result is a horde of deal-making that isn’t likely to slow anytime soon, observers say. “In total, there’s about $25-$30 billion in private equity funds that exist today to invest in oil and gas companies, and we understand those same funds are out looking to raise another $20 billion,” Scott Johnson, co-founder of mezzanine financier GasRock Capital.
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