Talara Capital Management Provides $75M to Crescent Pass Energy

private-equityTalara Capital Management, LLC, a Houston-based private equity firm investing in the North American upstream energy sector, announced the formation of Crescent Pass Energy, LLC supported by a $75m line of equity investment.

Based in Spring, Texas, the company is focused on horizontal development opportunities in East Texas and Northern Louisiana, with a primary focus on the liquids-rich Cotton Valley trend.

Crescent Pass is led by Tracy Price, CEO, a 30-year veteran of the oil and gas industry. Prior to forming Crescent Pass, Mr. Price served as the Executive VP of Business Development & Land at PetroQuest Energy Inc, where he focused on the Cotton Valley trend. He was a founding member of Newfield Exploration Corporation, originally backed by Warburg Pincus.




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