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Report: Raisa Energy Weighs Sale of US Portfolio for $1.5B

Hart Energy · last updated

Denver-based Raisa Energy is considering a sale of non-operated oil and gas assets worth about $1.5 billion, according to an Aug. 18 report from Reuters citing anonymous sources.

The sources for the report specified that the deal was in its early stages and not complete. The assets are spread throughout several U.S. shale basins.

EnCap-backed Raisa Energy is a private investment firm managing more than $2 billion in investments. The company was one of the first firms to make an asset backed securitization (ABS) to raise $1 billion in 2019.

TPH is advising on the sale, according to the sources.

A non-op asset owner pays for part of the expenses of developing a well, while another producer handles operations. The two parties split the revenue from the sale of gas or oil.

Raisa’s assets are split evenly between natural gas and crude, according to Reuters, with the company’s acreage producing about 63,000 bbl/d of oil.

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