"BoomTown is uniquely positioned to take advantage of this oil downturn with its skillset and partnership with Juniper Capital," said Michael Rozenfeld, a Partner at BoomTown. "BoomTown is pleased to have found such a synergistic partner with Juniper and plans to work in concert with them to achieve compelling returns for investors."
"From the beginning, it has been apparent that Juniper and BoomTown share common philosophies regarding strategy and execution. We are pleased to partner with BoomTown, and we believe that BoomTown's creative sourcing and sound technical expertise will lead to quality investment opportunities for us to jointly pursue," said Juniper Partner Kevin Cumming.
BoomTown was advised by Wittliff | Cutter | Austin PLLC. Juniper was advised by Willkie Farr & Gallagher LLP.
About BoomTown Oil LLC
Based in Houston, BoomTown is an oil and gas exploration company focused on low cost, economic & technically sound operations. BoomTown has previously operated in eight different states in both conventional and unconventional settings, and has leased or purchased over 180,000 acres and drilled hundreds of horizontal wells. While initially focusing on the Eagle Ford Shale in South Texas, BoomTown will also consider acquisition and development opportunities in other basins in the Lower 48. The company is led by Partners Michael Rozenfeld and Sean Fitzgerald. For more information, please visit http://www.boomtownoil.com.
About Juniper Capital
Founded in 2003, Juniper Capital is an energy investment firm based in Houston, Texas. Juniper targets small to middle market private investment opportunities requiring between $25 million and $75 million of equity capital in the North American upstream sector. For more information, please visit www.juncap.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/juniper-capital-ii-lp-and-boomtown-oil-announce-strategic-partnership-300369757.html
SOURCE BoomTown Oil LLC