$5M - $50M
Up to 80-90%
Arena's Energy Finance platform originates and invests in secured, reserve-based loans for middle-market oil and natural gas exploration and production companies (including royalty and mineral aggregators) and asset-based and cash-flow-based loans for select natural resource based businesses and infrastructure companies across midstream, downstream, agriculture, chemicals, metals and mining, power and utilities, and renewables industries located throughout North America.
- Oil & Gas: Upstream, Midstream, Downstream
- Royalty and Mineral Aggregators
- Precious Metals
- Metals & Mining
- Power & Utilities
Arena generally focuses on debt investment opportunities that do not typically attract the attention of conventional bank or commercial finance lenders.
1st/2nd lien on producing assets, advance against PDP, PDNP, PUD, probable reserves, A/R, inventory, non-GAAP, special situations, cash flow, royalties, minerals
Private equity sponsors, independent sponsors, and directly with management and owners of companies
Acquisition and Development Financings:
Recompletions, workovers, infill drilling, new horizons, asset acquisitions
Convertible debt preferred equity, debt with warrants
Recapitalizations, Restructurings, and Exit Financings:
Senior stretch, bridge loans, DIP loans, balance sheet repositioning