Transactions - MAY 22, 2017

Carlyle and EOG Resources announce $400m drilling partnership

by Released

The Carlyle Group and EOG Resources have entered into a definitive agreement to fund the development of EOG’s oil and gas assets in Ellis County, Oklahoma.

As part of the joint venture, Carlyle Energy Mezzanine Opportunities Fund II will fund up to $400 million for the development program over four years.

The Carlyle Energy Mezzanine Opportunities Group has 20 investment professionals based in New York and Houston and is dedicated to providing growth and refinancing capital to projects and companies in the energy sector through its two funds, Carlyle Energy Mezzanine Opportunities Fund and Carlyle Energy Mezzanine Opportunities Fund II, which have combined assets of approximately $4 billion.

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