Private Equity Turns Its Sights On Unconventional Gas

摘要

Private equity is on the lookout for opportunities in the North American exploration and production sector and sees the potential to make money in unconventional natural gas. With persistent low gas prices pinching cash flows, it is unlikely that many operators will get a chance to drill all of their acreage leased at the height of the shale gas boom befon initial lease terms — usually two or three years — expire. This means "there may be a real opportunity for things to shake loose," Joe Delgado, managing director of CCMP Capital Advisors told the Unconventional Gas International Conference & Exhibition in Fort Worth, Texas last month. Indeed, gas-weighted players are already under mounting pre; sure to evaluate and restructure their portfolios, even if the ga www.energyirttel.com