You can edit almost every page by Creating an account and confirming your email.

Venari Resources LLC

From EverybodyWiki Bios & Wiki



Venari Resources LLC
LLC
ISIN🆔
IndustryOil and gas
Founded 📆May 2012
Founder 👔
Headquarters 🏙️Dallas & Houston, Texas, U.S.
Area served 🗺️
Key people
Brian Reinsborough
(CEO & President)
Rich Smith
(Executive Vice President, Exploration)
Bruce Busmire
(Executive Vice President & CFO)
Members
Number of employees
34 (June 2013)
🌐 WebsiteVenariResources.com
📇 Address
📞 telephone

Venari Resources LLC, a privately held offshore exploration and production company founded in 2012 by Brian Reinsborough, is focused on the oil-prone subsalt region in the Gulf of Mexico’s deep waters. In May 2012, global private equity investment firms Warburg Pincus,[1] Kelso & Company, Temasek Holdings and The Jordan Company provided an initial $1.125 billion capital commitment [2] so Venari can pursue its exploration program and development projects in the Gulf of Mexico.

Current Assets

Since formation, Venari has built a large inventory of drillable prospects and leases in the Gulf of Mexico,[3] including the Coronado discovery [4] and potentially giant Shenandoah discovery [5] in the Walker Ridge area.[6][7][8][9][10]

Office Locations

The Company is headquartered in Dallas and has an additional office location in the Houston Energy Corridor. As of June 3, 2013, Venari had 34 employees.

References

  1. "Venari Resources". Warburg Pincus. 2012. Archived from the original on 13 Nov 2012.
  2. http://www.thedeal.com/content/energy/exploration-startup-venari-resources-draws-1b-funding.php
  3. LLC, Venari Resources. "Venari Resources Expands Gulf of Mexico Portfolio with Successful Lease Sale Bids". www.prnewswire.com.
  4. LLC, Venari Resources. "Venari Resources Announces Second Major Oil Discovery in the Deepwater Gulf of Mexico". www.prnewswire.com.
  5. LLC, Venari Resources. "Venari Resources Announces Major Oil Discovery in the Deepwater Gulf of Mexico". www.prnewswire.com.
  6. Helman, Christopher. "Tiny Dallas-Based Oil Company Scores Two Giant Deepwater Discoveries In One Week". Forbes.
  7. http://www.bizjournals.com/dallas/news/2013/03/20/huge-oil-discovery-in-the-gulf-is-a.html
  8. http://www.bizjournals.com/dallas/print-edition/2013/04/05/at-venari-the-good-news-keeps-on-coming.html
  9. http://www.bizjournals.com/dallas/print-edition/2013/04/12/12-dfw-energy-companies-strike-it-rich.html
  10. "Latest Oil, Energy & Metals News, Market Data and Analysis - S&P Global Platts - S&P Global Platts". www.spglobal.com.

External links


This article "Venari Resources" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Venari Resources. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.

Page kept on Wikipedia This page exists already on Wikipedia.