Double Eagle Energy secures more than $1B in equity commitments

February 7, 2018 0

Double Eagle Energy Holdings III, an independent oil and gas producer centered in the Permian Basin, said the Texas-based company has secured equity commitments of more than $1.0 billion, anchored by commitments from funds managed by affiliates of Apollo Global Management.

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Cushing crude stocks plunge to 3-year low

February 7, 2018 0

Crude oil stocks at Cushing, Okla., plunged by 13 million barrels (MMBbl) in January, falling to roughly 35 MMBbl — the lowest level in more than three years, PIRA Energy Group reported Tuesday.

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