Beacon offshore energy llc is a privately held exploration production company that combines a team of highly experienced professionals and the financial capabilities of blackstone energy partners.
Beacon offshore energy.
With a focus on investing in upstream oil gas.
Beacon offshore energy llc was formed in 2016 with a substantial equity capital commitment from funds managed by blackstone energy partners ii l p.
The total contract value based upon the conditional agreement is estimated to be approximately 250 million.
The shenandoah project and associated drilling services are subject to final investment decision fid from beacon offshore energy and its partners which is expected to be made on or prior to march 31 2021.