Castle Placement Named Exclusive Placement Agent for $65 Million Raise for Energy Producers

By: Castle Placement, Energy Producer Inc.
 
NEW YORK - July 26, 2017 - PRLog -- Energy Producers, Inc. (EPI) announced today that it has engaged Castle Placement as its exclusive placement agent to raise $65 million of capital to lease 8,000 acres in Crockett County, TX (Midlin Basin) for oil and gas drilling and development. This opportunity represents the largest estimated continuous oil reserve that the US Geological Survey has ever assessed in the United States.

Energy Producers engages in the acquisition, exploration, development and recovery of oil and natural gas. Within the last ten years EPI has participated in the drilling and completion of numerous vertical and horizontal wells in the Barnett Shale (North Texas), Bakken Shale (North Dakota), Permian Basin (Texas), Eagle Ford Formation (South Texas) and Eastern Oklahoma region.

Founded in 2009, Castle Placement raises equity and debt capital for private start-up, early-stage and middle market companies across a broad spectrum of industries. Its highly experienced investment bankers and robust and innovative technology platform connects issuers with global institutional investors. Castle Placement has over 27,000 private equity, venture capital and strategic investors, family offices, pension funds, foundations, endowments, sovereign wealth funds, hedge funds and lenders.

https://castleplacement.com/portfolio/energy-producers/

Contact
Richard Luftig | Managing Partner
rluftig@castleplacement.com
(212) 418-1181
End
Email:***@castleplacement.com Email Verified
Tags:Castle Placement, Raising Capital, Oil And Gas
Industry:Energy
Location:New York City - New York - United States
Subject:Deals
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Castle Placement PRs
Trending News
Most Viewed
Top Daily News



Like PRLog?
9K2K1K
Click to Share