Texas oil and gas company Alchemist Energy has partnered with Vortus Investment Advisors to focus on a new upstream strategy, addressing energy needs in the current oil and gas market.
Vortus is a Fort Worth–based private equity firm focused on generating long-term capital gains through investments in the lower/middle market upstream energy industry in North America.
“We are excited to partner with Vortus and believe this strategy will help preserve asset values in the short-term and increase values through development once commodities stabilize,” said Scott Nelson, co-founder at Alchemist.
Nelson, along with co-founder Morgan Hinchcliffe recently directed the development of multiple horizontal wells in the Midland and Delaware Basins for small private operators.
Under the new partnership, the companies will look to “bring a new structured equity alternative to the energy industry that provides development capital, technical expertise and the opti
