Haynes Boone Partner Jeff Nichols was featured in an article from Hart Energy describing describing how the dividing line between the private and public capital markets has blurred for upstream oil and gas companies in need of financing, reshaping the world of private capital, private equity providers and the producers they back.
“[Private producers have] largely accessed capital markets by being bought,” said Nichols.
Haynes Boone’s Nichols said onshore U.S. assets are in much greater demand now than at the turn of the millennium, and that should drive even greater activity. Plus, a net effect of widespread M&A is that plenty of talented management teams will be available to pursue those opportunities.
“For every consolidation, there’s a new management team that is out there looking for new properties and raising money,” Nichols said.
To read the full article from Hart Energy, click here.
