TPH Advises USD Group LLC on Dropdown of Hardisty South terminal to USD Partners LP and Elimination of IDRs

Casey ColelloLatest News

Tudor, Pickering, Holt & Co. served as financial advisor to USD Group LLC (“Sponsor”) on its dropdown of entities owning the Hardisty South terminal to USD Partners LP (NYSE: USDP), elimination of its incentive distribution rights and exchange of its economic general partner interest for a non-economic general partner interest for total consideration of 75 million in cash and approximately … Read More

TPH Advises Goodrich Petroleum on Sale to Paloma Partners

Casey ColelloLatest News

Tudor, Pickering, Holt & Co. served as financial advisor to Goodrich Petroleum Corporation (NYSE American: GDP) on its sale to Paloma Partners VI Holdings, LLC, an affiliate of EnCap Energy Capital. For GDP’s press release regarding this transaction, please click the link below.

TPH advises Black Falcon Energy and EIG on sale of multi-basin non-operated working interests to Caliber Resource Partners

Casey ColelloLatest News

Tudor, Pickering, Holt & Co. served as financial advisor to Jamestown Resources, Larchmont Resources, and Pelican Energy, companies managed by Black Falcon Energy and backed by EIG and other investors on the sale of entities owning non-operated working interests to entities controlled by Caliber Resource Partners, LLC, a Quantum Energy Partners portfolio company. The acquisitions closed in December 2021. The … Read More

TPH Advises Patterson-UTI Energy on the divestiture of its Production Services business

Casey ColelloLatest News

Tudor, Pickering, Holt & Co. served as financial advisor to Patterson-UTI Energy (NASDAQ:PTEN) on the divestiture of its Production Services business, including the Well Servicing and Wireline divisions which were recently acquired by Patterson-UTI via its acquisition of Pioneer Energy Services Corp. For Patterson’s press release regarding this transaction, please click the link below.

TPH Serves as Lead Manager on SDIG IPO

Casey ColelloLatest News

Tudor, Pickering, Holt & Co. served as lead manager on Stronghold Digital Mining, Inc.’s (Nasdaq: SDIG) initial public offering. For Stronghold’s press release regarding this transaction, please click the link below.