October 2, 2015
CSL Capital Management Announces Closing of $420 Million Fund II
CSL Capital Management, LLC (“CSL”) of Houston, Texas announced the closing of CSL Energy Opportunities Fund II, L.P. and CSL Energy Opportunities Offshore Fund II, L.P. (collectively, the “Funds”). CSL raised an aggregate of $420 million in capital commitments, in excess of the Funds’ target of $400 million. The Funds will focus on investments in energy services, equipment and manufacturing opportunities.
CSL’s founder, Charles S. Leykum, stated "I want to express our gratitude for the confidence our partners showed in the CSL team and our investment strategy—their support allows us to be in a position to capitalize on opportunities created by the current environment. We look forward to creating value for our partners and continuing to work with talented, entrepreneurial leaders and management teams to develop and grow successful portfolio businesses."
October 1, 2014
Innospec to Acquire Independence Oilfield Chemicals
Innospec Inc. (NASDAQ: IOSP) today announced that it has entered into a definitive agreement with a portfolio company of CSL Capital Management LLC to acquire all of the membership interests of Independence Oilfield Chemicals LLC (IOC).
Charlie Leykum Chairman of IOC and Founder of CSL Capital Management, LLC said “ We are excited to pursue this transaction with Innospec and accelerate the Independence business plan we started over two years ago. From a greenfield start - up to a multi-district chemicals services and technology company, we are extremely pleased with the performance of our team and look forward to working with our customers to provide increased solutions to serve their needs. Together with Innospec, our aim is to be regard ed as the best oilfield chemicals company in the United States ” .
September 23, 2014
CSL Partners with Torrent Energy Services
Torrent Energy Services, LLC (“Torrent”) and CSL Capital Management LLC are pleased to announce they executed definitive agreements that will provide Torrent with growth capital to accelerate its business plan. Torrent offers modular gas processing equipment and services that allow oil and gas producers and midstream companies to recover valuable natural gas liquids (NGLs) while reducing flaring and emissions.
July 28, 2014
CSL Quoted in NYTimes - Britain Plans to Add Land for Shale Fuel Exploration
Tapping large tracts of oil and natural gas is seen as crucial to energy future. The British government said early Monday that it would make more land available for licensing for oil and natural gas exploration in the first such expansion since 2008..."Based on the recent changes in the regulatory regime and some of the more recent geological data, Britain looks like it might be a good place to invest."
June 9, 2014
Delta SubSea LLC Opens New 20,400-square-foot Tooling Solutions Facility
Delta SubSea (“DSS”) formally opened its new 20,400-square-foot Tooling Solutions facility. This new facility will add to DSS’s already vast infrastructure and provides DSS’s new Tooling Solutions Division with the needed space to provide state of the art Tooling Solutions to their customers.
January 23, 2014
United Oilfield Services Participates in Successful Vertical Frac in Poland
San Leon Energy Plc announces the successful completion of flow testing in the Ordovician shales in the Lewino-1G2 well on its 221,000 acre (894 km2) Gdansk W Concession in Poland's northern Baltic Basin. The Company has achieved all of its goals in the Lewino testing programme including extensive data gathering of crucial information required to understand the recipe for a successful frac and commercial flow in the Ordovician shales.
November 21, 2013
Delta SubSea LLC Awarded Gulf of Mexico Repair / IMR Scope of Work by EMAS AMC
Delta SubSea (“DSS”) has been selected by EMAS AMC (“EMAS”) to provide ROV services in support of EMAS’s current Gulf of Mexico deepwater repair campaign. DSS will deploy a Schilling HDTM 150hp ROV as well as ROV tooling, including Class 1-4 torque tools, water blaster and hotstabs. DSS also fabricated a customized ROV subframe assembly in support of this scope of work. →
September 6, 2013
Calfrac Announces Acquisition of Assets of Mission Well Services, LLC
Calfrac Well Services Ltd. ("Calfrac") (TSX-CFW) and Mission Well Services, LLC ("Mission") are pleased to announce that they have entered into a definitive agreement (the "Agreement") pursuant to which Calfrac has agreed to acquire all of the operating assets of Mission (the "Assets"), a privately-held hydraulic fracturing and coiled tubing services provider focused in the Eagle Ford shale region of Texas(the "Acquisition").
May 2, 2013
Delta Marine Technologies and CSL Capital Announce the Formation of Delta SubSea
Delta Marine Technologies, Inc. (“DMTI”) announced today the formation of Delta SubSea, LLC (“Delta SubSea” or the “Company”). Delta SubSea was formed through the contribution of the pre-existing DMTI business into the newly-formed Delta SubSea, which was then re-capitalized with significant new equity capital from CSL Capital Management, LLC (“CSL Capital” or “CSL”).
April 11, 2013
CSL Capital Management Announces Sale of PyraMax Ceramics, LLC to Imerys S.A.
A consortium led by CSL Capital Management, LLC announced today it has sold PyraMax Ceramics, LLC (“PyraMax”) to Imerys S.A. for a total consideration of USD 235 million and additional payments of up to USD 100 million, subject to meeting certain industrial and commercial performance criteria. PyraMax is in the final stages of completing a state-of-the-art, 500 million pounds per year manufacturing facility comprised of two production lines located in Wrens, GA.
CSL Capital Management Announces Closing of $420 Million Fund II
CSL Capital Management, LLC (“CSL”) of Houston, Texas announced the closing of CSL Energy Opportunities Fund II, L.P. and CSL Energy Opportunities Offshore Fund II, L.P. (collectively, the “Funds”). CSL raised an aggregate of $420 million in capital commitments, in excess of the Funds’ target of $400 million. The Funds will focus on investments in energy services, equipment and manufacturing opportunities.
CSL’s founder, Charles S. Leykum, stated "I want to express our gratitude for the confidence our partners showed in the CSL team and our investment strategy—their support allows us to be in a position to capitalize on opportunities created by the current environment. We look forward to creating value for our partners and continuing to work with talented, entrepreneurial leaders and management teams to develop and grow successful portfolio businesses."
October 1, 2014
Innospec to Acquire Independence Oilfield Chemicals
Innospec Inc. (NASDAQ: IOSP) today announced that it has entered into a definitive agreement with a portfolio company of CSL Capital Management LLC to acquire all of the membership interests of Independence Oilfield Chemicals LLC (IOC).
Charlie Leykum Chairman of IOC and Founder of CSL Capital Management, LLC said “ We are excited to pursue this transaction with Innospec and accelerate the Independence business plan we started over two years ago. From a greenfield start - up to a multi-district chemicals services and technology company, we are extremely pleased with the performance of our team and look forward to working with our customers to provide increased solutions to serve their needs. Together with Innospec, our aim is to be regard ed as the best oilfield chemicals company in the United States ” .
September 23, 2014
CSL Partners with Torrent Energy Services
Torrent Energy Services, LLC (“Torrent”) and CSL Capital Management LLC are pleased to announce they executed definitive agreements that will provide Torrent with growth capital to accelerate its business plan. Torrent offers modular gas processing equipment and services that allow oil and gas producers and midstream companies to recover valuable natural gas liquids (NGLs) while reducing flaring and emissions.
July 28, 2014
CSL Quoted in NYTimes - Britain Plans to Add Land for Shale Fuel Exploration
Tapping large tracts of oil and natural gas is seen as crucial to energy future. The British government said early Monday that it would make more land available for licensing for oil and natural gas exploration in the first such expansion since 2008..."Based on the recent changes in the regulatory regime and some of the more recent geological data, Britain looks like it might be a good place to invest."
June 9, 2014
Delta SubSea LLC Opens New 20,400-square-foot Tooling Solutions Facility
Delta SubSea (“DSS”) formally opened its new 20,400-square-foot Tooling Solutions facility. This new facility will add to DSS’s already vast infrastructure and provides DSS’s new Tooling Solutions Division with the needed space to provide state of the art Tooling Solutions to their customers.
January 23, 2014
United Oilfield Services Participates in Successful Vertical Frac in Poland
San Leon Energy Plc announces the successful completion of flow testing in the Ordovician shales in the Lewino-1G2 well on its 221,000 acre (894 km2) Gdansk W Concession in Poland's northern Baltic Basin. The Company has achieved all of its goals in the Lewino testing programme including extensive data gathering of crucial information required to understand the recipe for a successful frac and commercial flow in the Ordovician shales.
November 21, 2013
Delta SubSea LLC Awarded Gulf of Mexico Repair / IMR Scope of Work by EMAS AMC
Delta SubSea (“DSS”) has been selected by EMAS AMC (“EMAS”) to provide ROV services in support of EMAS’s current Gulf of Mexico deepwater repair campaign. DSS will deploy a Schilling HDTM 150hp ROV as well as ROV tooling, including Class 1-4 torque tools, water blaster and hotstabs. DSS also fabricated a customized ROV subframe assembly in support of this scope of work. →
September 6, 2013
Calfrac Announces Acquisition of Assets of Mission Well Services, LLC
Calfrac Well Services Ltd. ("Calfrac") (TSX-CFW) and Mission Well Services, LLC ("Mission") are pleased to announce that they have entered into a definitive agreement (the "Agreement") pursuant to which Calfrac has agreed to acquire all of the operating assets of Mission (the "Assets"), a privately-held hydraulic fracturing and coiled tubing services provider focused in the Eagle Ford shale region of Texas(the "Acquisition").
May 2, 2013
Delta Marine Technologies and CSL Capital Announce the Formation of Delta SubSea
Delta Marine Technologies, Inc. (“DMTI”) announced today the formation of Delta SubSea, LLC (“Delta SubSea” or the “Company”). Delta SubSea was formed through the contribution of the pre-existing DMTI business into the newly-formed Delta SubSea, which was then re-capitalized with significant new equity capital from CSL Capital Management, LLC (“CSL Capital” or “CSL”).
April 11, 2013
CSL Capital Management Announces Sale of PyraMax Ceramics, LLC to Imerys S.A.
A consortium led by CSL Capital Management, LLC announced today it has sold PyraMax Ceramics, LLC (“PyraMax”) to Imerys S.A. for a total consideration of USD 235 million and additional payments of up to USD 100 million, subject to meeting certain industrial and commercial performance criteria. PyraMax is in the final stages of completing a state-of-the-art, 500 million pounds per year manufacturing facility comprised of two production lines located in Wrens, GA.