Oil and gas independent Shot Hollow Partners LLC says it has a new equity agreement with a Houston-based investment partner.
Dallas' Shot Hollow has been working on north and south Texas acquisitions, and has recently closed an equity agreement with Carnelian Energy Capital Management, LP for an undisclosed sum.
Shot Hollow was co-founded by Clark Pitzer and Daniel Kimes.
Carnelian Partner Daniel Goodman noted the long-standing relationship between the two companies: “Daniel and Clark’s relationships and unique optimization skill set, paired with their geographic and strategic focus, position Shot Hollow for success. It is a treat to partner with such talented individuals that we have known and worked alongside for years.”
By Mike Shiloh
Copyright September 08, 2017, Mike Shiloh, Texas Energy Report LLC, www.texasenergyreport.com, All rights are reserved