Scout is a private energy producer focused on the acquisition and operation of upstream energy assets and associated midstream infrastructure.
Scout focuses on directly operating mature producing assets with a strong cash flow profile, identifiable operations and production improvement potential and shallow, predictable declines.
The company issued filings that it raised $318.25m through Scout Energy Partners III-A, LP and Scout Energy Partners III-B, LP on April 29, 2016. In 2014, the company raised $303m through two vehicles called II-A and II-B, and $200m through I-A and I-B vehicles
Read MoreThe bankruptcy sale of Calgary-based Parallel Energy Trust to Scout Energy Partners closed for the $110 million offered by the Dallas private investment firm in a stalking horse bid last November. With the sale’s completion, Scout
Oil-and-gas company Parallel Energy LP filed for U.S. Chapter 11 Bankruptcy on Monday due to low oil prices and said it had agreed to sell its assets to Scout Energy Group II LP for $110 million, according to court documents.