GasRock Capital, LLC
GasRock is structured to provide mezzanine debt and equity investments in the $5 - $100 million dollar range in high quality exploration and production and midstream projects for the Oil & Gas industry. They finance acquisitions and/or development projects.
Since GasRock advances more aggressively than a traditional bank, their capital accelerates field development and value creation. They believe that with a reliable source of project funding, a producer can secure rigs and services, and carry out a more consistent drilling program.
GasRock’s management has over 75 years of hands-on experience supporting some of the most successful producers and pipelines in the industry. They are flexible, creative, persistent and excited about our business.
EnDevCo closed a $30 million credit facility with GasRock in April 2006. The proceeds from the facility were used to finance the acquisition and continued development of the Short Junction Field in Oklahoma. In April 2007, GasRock increased EnDevCo's credit facility to a $50 million dollar facility.
Click on the links below for related articles:
GasRock - Oil & Gas Investor “Financing The Microcaps”
Weisser Johnson - Oil & Gas Financial Journal “Capital Perspectives”
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