HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 10.Apr.2025) — Abu Dhabi headquartered Mubadala Energy announced it will acquire a 24.1% interest in Kimmeridge‘s SoTex HoldCo LLC, via the issuance of new equity. The transaction is subject to customary regulatory filings and approvals before closing.
Tag: Kimmeridge Texas Gas (KTG)
Kimmeridge Texas Gas Prices $500mn Notes at 8.50%
(Editors at Energy Analytics Institute, 9.Jan.2025) — Kimmeridge Texas Gas (KTG) successfully priced its inaugural $500mn senior unsecured notes offering at 8.50%. Net proceeds from the offering will go to repay a portion of the company’s outstanding revolver borrowings and to further ongoing initiatives as the company seeks to deliver […]
Commonwealth LNG and Kimmeridge Commit to Natural Gas CertificationÂ
(Kimmeridge, 1.Nov.2024) — Kimmeridge-backed Commonwealth LNG and Kimmeridge Texas Gas (KTG) announced a commitment to obtain independent certification of their natural gas operations under the protocols developed by MiQ. The initiative supports Kimmeridge’s innovative ability to deliver a “wellhead-to-water” net zero cargo for Scope 1 and 2 greenhouse gas emissions […]
Kimmeridge and Commonwealth LNG Ink Deal with Glencore
(Energy Analytics Institute, 19.Sep.2024) — Kimmeridge Texas Gas (KTG) and Commonwealth LNG entered into a Heads of Terms agreement with Glencore LTD, creating a strategic natural gas and LNG partnership. Under the terms of the agreement, Glencore will purchase 2 million tonnes per annum (mtpa) of LNG for 20 years from […]