Houston, Texas – January 6, 2022 – Live Oak Resource Partners, LLC (“Live Oak”) announced the closing of a new equity commitment from global private equity firm Denham Capital in Live Oak Resource Partners III, LLC (“Live Oak III”).
“We are thrilled to continue our successful partnership with Denham in Live Oak III”, said Andrew Keene, President and Chief Executive Officer. “We could not ask for better partners than the team at Denham and we look forward to continuing to pursue opportunities together.” In speaking about Live Oak III, Keene added, “This new commitment enables us to remain focused on our existing aggregation strategy while simultaneously pursuing opportunities at scale.”
Headquartered in Houston, Live Oak focuses on the acquisition of royalty, mineral, and non-operated working interests in Texas and Louisiana. Prior to the formation of Live Oak III, Live Oak successfully raised, invested, and substantially exited two vehicles with a focus on Texas and Louisiana. Live Oak continues to hold producing non-operated working interest and royalty assets in Live Oak II.
“We are excited to continue working with Andrew and the Live Oak team. The success of Live Oak II was the culmination of our collective efforts to build a premier Haynesville shale mineral and royalty portfolio focused on superior geology and top operators. We look forward to building upon this success and expanding the Live Oak platform.” shared Geer Blalock, Managing Director with Denham Capital.
About Live Oak Resource Partners
Live Oak Resource Partners, LLC is a Houston, Texas based private firm engaged, through capital partnerships, in the acquisition of oil and natural gas royalty, mineral, and non-operated working interests. For more information visit www.liveoakrp.com.
About Denham Capital Partners
Founded in 2004, Denham Capital is a global sustainable infrastructure, energy and resources focused investment firm, with more than $12 billion of invested and committed capital cross multiple fund vehicles since inception. Specializing in both private equity and credit facilities, Denham invests in sectors that are essential to economic growth. Denham’s investments help deliver the sustainable infrastructure, energy and mineral resources needed for everyday life. The Denham team comprises highly skilled sector specialists with expertise that enables Denham to build, develop, and exit valuable renewable power, energy storage, water, infrastructure, and resources assets. With an ongoing focus in the global energy transition, Denham recognizes the need to build a low carbon economy and seeks to invest increasingly in companies and projects which share the vision for sustainable growth and long-term value creation. For more information, visit www.denhamcapital.com.