A Locke Lord team led by Mitch Tiras and Mechelle Smith (both of Houston) represented Kraken Oil & Gas II, LLC in a recently secured $200 million equity commitment from Kayne Anderson Energy Fund VII, L.P. The equity financing transaction closed on September 28, 2016. Kraken Oil & Gas II is a private exploration and production company based in Houston, Texas that focuses on drilling and development opportunities primarily in the Bakken formation. Additional team members included Brooks Vanlandingham (Houston).
Posted October 12, 2016