PetroCap Teams with Financial Partner
PetroCap, Inc., has joined forces with a powerful investment partner that manages more than $35 billion in assets to continue the company's successful energy investment strategy.
Dallas, TX (PRWEB) March 19, 2008 -- PetroCap, Inc. (http://www.petrocap.com), announces it has completed an agreement with a large, privately held investment management company that allows PetroCap to continue its successful energy investment strategy.
The investment manager, who prefers to remain anonymous, manages more than $35 billion in assets for a broad range of clients. The agreement strengthens PetroCap's market presence by providing a stable source of investment capital to complement the firm's deep industry relationships and technical expertise.
PetroCap will expand its marketing and aggressively pursue more investment opportunities.
PetroCap originates, facilitates and sponsors transactions within the upstream and midstream sectors of the domestic oil and gas industry. The company seeks acquisition opportunities and projects in need of capital. The preferred transaction or project size is $5 million and greater.
"We are career industry professionals who have been investing with the same strategy since 1992, so we're not newcomers," said Alec Neville, PetroCap principal. "By teaming with our new investment partner, we can be more responsive and tackle larger projects."
The principals at PetroCap bring more than 120 years of experience in this industry to every project, providing a broad base of technical expertise, project management skill and transaction structuring knowledge. That experience, combined with the firm's industry and financial relationships and a secure capital source create a dynamic new presence in an underserved segment of the industry.
For more information on PetroCap, contact Alec Neville, Principal, at 214-871-7967 or visit http://www.petrocap.com.
About PetroCap:
PetroCap originates, facilitates and sponsors transactions within the upstream and midstream sectors of the domestic oil and gas industry. The company seeks acquisition opportunities and projects in need of capital. The preferred transaction or project size is $5 million and greater. Recently, PetroCap has worked on projects in Texas, Louisiana (on-shore and state waters), Alabama, Utah, Mississippi, Indiana, New Mexico, Colorado, California and Illinois.
Contact:
Alec Neville
Principal
PetroCap
214-871-7967
http://www.petrocap.com
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