Silver Creek Oil & Gas, LLC

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Silver Creek Oil & Gas, LLC - overview

Established

2012

Location

Irving, TX, US

Primary Industry

Oil & Gas

About

Silver Creek Oil & Gas, LLC specializes in the acquisition, development, and exploration of unconventional oil and natural gas resources, primarily operating in Oklahoma and Texas. Founded in 2012 and headquartered in Irving, US, Silver Creek Oil & Gas focuses on oil and gas exploration. In May 2012, Crestview Partners and Sunray Capital LP invested USD 100 mn for a 50% majority stake in the company. The firm has executed one deal to date, with the latest funding round being a Secondary Buyout on May 15, 2012, bringing the total amount raised to USD 100 mn.


Silver Creek Oil & Gas specializes in the acquisition, development, and exploration of unconventional oil and natural gas resources, primarily in the Arkoma Basin in Oklahoma and the Sherman Basin in North Texas. The company focuses on identifying and maximizing the value of oil and gas assets, utilizing advanced automation and scalable processes. Their services target a variety of clients, including energy companies and utility providers, who depend on these resources for energy and manufacturing. Silver Creek's business model emphasizes free cash flow, ensuring infrastructure and operations are optimized for stakeholder returns, while also evaluating future opportunities for sustainable resource management.


Silver Creek Oil & Gas generates revenue through the sale and distribution of extracted oil and natural gas resources. Revenue is driven by direct sales agreements with energy companies and industrial clients, structured around market-driven pricing and contracts. This model fosters reliable partnerships that support financial health and supply reliability for power generation firms and manufacturers, enabling the company to capitalize on market demand. Silver Creek Oil & Gas aims to expand its operational portfolio by exploring new geographic markets, particularly targeting additional regions within Texas and Oklahoma as well as potential entry into the Gulf Coast market by 2025.


The recent investment of USD 100 mn will support these expansion efforts and enhance the company’s capabilities in resource management and operational efficiency. The company plans to leverage this funding to develop new projects and enhance existing operations, focusing on sustainability and cash flow generation.


Current Investors

Crestview Partners, Sunray Capital LP

Primary Industry

Oil & Gas

Sub Industries

Oil & Gas Exploration and Production

Website

www.silvercreekog.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Silver Creek Oil & Gas, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedSilver Creek Oil & Gas, LLC-
MergerCompletedAlta Natural Resources, LLC, HEP Oil GP, LLC-

Displaying 1 - 2 of 2

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.