Dallas energy investment company and private equity giant form $500 million partnership

A Dallas-based energy investment and management company is partnering with global private equity firm Oaktree Capital Management to form a $500 million venture pursuing mineral and royalty interests across the country.

Providence Energy is linking with the investment giant to create Sierra Energy Holdings, its latest vertical to expand the company’s presence in the industry. Providence COO Phil Ream will serve as service provider for Sierra, leading the platform’s growth.

“I am excited to…


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