Bayou City Energy Closes Bayou City Energy II, at $310M
Summary
The firm also seeks to make dedicated drilling capital commitments to operators in order to accelerate the development of de-risked locations.Most recently, the Firm reached its $310 million hard cap and held the final closing of Bayou City Energy II, L.P. (“Fund II”) on March 31, 2017.The Firm also seeks to make dedicated drilling capital commitments (“Drilling Partnerships”) to leading operators in order to accelerate the development of de-risked locations.The capital needs of E&P operators remain heightened in this lower for longer price environment, and BCE is committed to partnering with experienced management teams capable of efficiently deploying capital in both our core strategies, platform companies and drilling partnerships.” Latham & Watkins LLP served as fund formation counsel.The BCE team, combined with the Firm’s Advisory Board and strategic relationship with Argus Energy Managers, provide operators access to expertise, capital, and trusted partnership.