Broad Oak Energy Lands $9,892,000 New Financing Round

  • Feed Type
  • Date
    12/31/2009
  • Company Name
    Broad Oak Energy
  • Mailing Address
    1755 Wittington Place Dallas, TX 75234
  • Company Description
    Broad Oak Energy, Inc. was founded in mid-2006 by a long associated team of highly experienced and successful energy professionals to identify, develop, and produce U.S. domestic oil and gas reserves. Broad Oak’s business plan, which focuses on extending and improving recovery in onshore areas of Texas and Louisiana, has received substantial funding from a top tier institutional private equity firm in New York.
  • Website
    http://www.broadoakenergy.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $9,892,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Warburg Pincus