Oil and gas companies are facing a harsh operating environment, and bankruptcy courts saw the evidence of that in 2019. At the same time, private equity firms stepped into the gaps created by a recession of interest in oil and gas companies by banks and public markets.
Read more about those data points and others to know this week.
Private equity firms were involved in 49 oil and gas transactions totaling $64 billion dollars in 2019, more than double the same data points for 2018, according…