BP to boost U.S. onshore capex to $2B-$2.5B, exec says

BP (BP +0.3%) is raising its U.S. onshore upstream spending to $2B-$2.5B this year from $1B in 2018, BP last month took over BHP’s U.S. operations, including rigs, pipelines and other infrastructure, marking its re-entry into the Permian Basin and raising its access to oil acreage vs. natural gas. Link to the article.  

Production Costs Keep Dropping, and Capex Plans Keep Rising…

Costs dropping to $15/bbl https://seekingalpha.com/news/3442832-exxon-eyes-15-bbl-costs-massive-permian-operation#email_link Experts Underestimate Oil Production https://www.axios.com/experts-consistently-underestimate-american-oil-production-dafda176-da12-4969-80b9-7c9a0d9e6ef2.html US Project to “Dominate” Oil Supply Growth Over Next 5 Years https://www.axios.com/us-dominate-global-oil-supply-iea-report-c7640ff2-b32e-4fbe-9bfe-7075bd8a2d84.html The U.S. has taken the global oil market by storm — becoming the world’s largest oil producer in 2018 and on track to surpass Russia and perhaps even Saudi Arabia to become the… Read More

Streamside Partners LLC announces 30,000,000 Class A Preferred unit Offering

PRESS RELEASE October 18, 2017 Streamside Partners LLC Wichita, Kansas inquiries@streamsideventures.com 888-654-0123 Streamside Partners LLC is announcing a Regulation D 506c offering of 30,000,000 Class A units with a 5% annual non-compounding, cumulative distribution. The Fund will make direct investments in small and mid-market privately held companies, and will be managed by Streamside Ventures LLC.… Read More

What kind of projects are we interested in?

In our conversations with Business Owners, and Intermediaries, the conversation always eventually gets to the question about what kind of projects we’re looking for. Some institutional private equity investors or funds, or strategic buyers are looking for very specific acquisitions.  They may have a particular industry focus, for example. We get involved with companies in… Read More