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Reuters reported. Silver Hill is engaged in the acquisition and development of long-life US onshore oil and gas reserves. The company targets both lease and drill opportunities and strategic acquisitions in existing and emerging plays. The company’s management and technical team has broad-based technical, operational, financial and business expertise. Its primary focus is on “building and developing a portfolio of large-scale, lower-geologic risk positions in the resource plays, as well as the acquisition of producing and non-producing properties with exploitable upside,” the company says. The company has built a sizable and contiguous operated position in the core of the Delaware Basin in West Texas through a series of strategic acquisitions and an aggressive leasing program. The company currently controls over 42,000 net acres in Loving and Winkler counties. Silver Hill and offset operators are actively developing several horizontal targets in the area, including the Wolfcamp (multiple targets), Avalon Shale, Bone Spring (multiple targets), and Delaware sands. Offset operators include Anadarko, EOG, Shell, and XTO. Silver Hill I was originally formed in 2011 and formally capitalized in September 2012 in partnership with Kayne Anderson Energy Fund VI LP, management and several private investors. Silver Hill II was formed in January 2016 in partnership with Kayne Anderson Energy Fund VII LP, Ridgemont Equity Partners, management, and several institutional and private investors. “Silver Hill is well positioned to execute on aggressive growth and development plans with over $725MM in committed equity capital,” the company says. The Kayne platform spans the US across energy, private credit, real estate and specialty alternative asset management. Investment solutions range from private equity to managed accounts and closed-end funds. Kayne Anderson Capital Advisors, founded in 1984 and headquartered in Los Angeles, is a private equity firm with over $30 billion in assets under management. Through Kayne Anderson Energy Funds, the firm manages over $4.3 billion of committed capital dedicated to private equity investments in primarily upstream oil and gas companies. Currently, the firm has over 40 active portfolio companies. Ridgemont Equity Partners is a Charlotte, North Carolina-based middle market buyout and growth equity investor. Since 1993, the principals of Ridgemont have invested over $3.5 billion in 128 companies. ]]>